Solana Rally — Tokenization & ETF Hopes Fuel Bullish Outlook 🚀

Solana (SOL) surged 12% in 24 hours, briefly hitting $200, supported by institutional inflows and real-world asset tokenization milestones.

DeFi Development Corp. now holds 1.3M SOL valued at $250M, earning $63K daily in staking rewards at 10% APY. CMB International also tokenized its Hong Kong–Singapore fund on Solana, reinforcing its role in large-scale financial applications.

Market attention is turning to the potential approval of a Solana ETF within two months. SEC review of multiple crypto ETF applications, combined with $26B in year-to-date ETF inflows, could attract significant capital if approved.

Technical Levels:

Resistance: $202–$205, $220, $244–$250

Support: $194, $186

Bullish above $205; invalidation below $175

With institutional adoption and ETF speculation driving sentiment, Solana could be on track for further upside.

#Solana #CryptoMarkets #BinanceUpdates #SolanaETF #Tokenization