Solana Cools Off After July Surge but Institutional Backing Remains Strong.

Solana $SOL is taking a breather after a powerful July rally, facing pressure from recent whale sell-offs and broader crypto market dips sparked by macroeconomic tensions. Despite the pullback, investor confidence remains supported by strong institutional flows, record-breaking CME futures activity, and the recent launch of a Solana staking ETF. With key support levels being tested, traders are watching closely to see if Solana can maintain its momentum or slip further before another leg up.