$SOL is currently trading between $181โ$193, holding strong support at $175โ$180, with resistance at $200โ$210. A confirmed breakout above $215 could open the path toward $3,500 ๐
๐ Why Solana Looks Bullish
โ Technical Setup: Price is above the 50-day SMA (~$188), RSI sits at a healthy ~60, and MACD momentum is firm.
โ Institutional Interest: Heavy inflows โ ETF allocations have already crossed $150M, with firms like Bit Mining accumulating SOL.
โ Real-World Adoption: Major banks such as HSBC and Bank of America are leveraging Solana for tokenized assets, with over $500M locked in utility.
๐ Key Catalysts Ahead
๐น SEC Solana ETF Decision โ Oct 16, 2025 โ Approval could fuel a parabolic rally.
๐น $215 Breakout Zone โ The trigger level for a potential run to $3,500.
๐น Institutional Staking & RWA Expansion โ Sustained adoption = stronger price floor.
โก Bottom Line
Solana is moving beyond speculation โ itโs emerging as a backbone for next-gen finance. Traders and holders alike should keep $215 on their radar.
