Buy Solana ($SOL ) Now!
Solana is currently trading around $199.90 and is consolidating strongly above its key $190 support, while resistance is at $206–$210. If Solana breaks out above this range, the price could quickly move to $228–$250.
In a further bullish sign, some major firms have announced that they will buy a public company and turn it into a Solana treasury firm, with the deal expected to close in early September.
Along with this, the Alpenglow upgrade, Circle’s $750M USDC investment, and a record high of $13B open interest all demonstrate Solana’s growing institutional demand. With over $11B in TVL in DeFi, Solana is poised for a massive breakout that could soon touch new highs.
