🚀 SOL is trying to take off towards $260! After a 28% rise in three weeks, the energy in Solana is growing, although the big players have not fully decided yet. 🤔
📈 Futures and funding rates show moderate optimism, with retail traders paying a small premium to hold long positions, but without strong bullish positioning from whales or market makers.
🔌 The key lies in Solana's network activity: fees rose 27% in a month and the network generated $32.9M in fees with $12B in value locked, indicating a still strong ecosystem with potential.
⚠️ Despite the momentum, network activity remains 85% below the January peak, and without an increase in confidence, selling pressure could continue.
🎯 Technical signals and patterns indicate that if SOL breaks through key supports and maintains confidence, it could break towards $225-$260, supported by the anticipation of a possible ETF that would elevate institutional interest.
📊 In summary: the bear no longer dominates, but SOL needs more network growth and a sentiment boost to reach $260. Will this be the next big leap? 🌟
