Don't blame me for not reminding you! SOL will officially announce a 'nuclear-level' collaboration tonight, with traditional banks entering the scene. A breakthrough at $195 is imminent, and if you don't get in now, you'll regret it for a year!
Current price is $186, precisely hitting the key support level at $178. The lower BOLL band is at $187.67, overlapping with the price, and the low trading volume indicates that a trend change is imminent. A breakthrough at $190 will test the resistance at $209; if it falls below $178, be wary of the $170 'institutional cost line'. The bearish momentum below the MACD zero line is weakening, and the difference between DIF and DEA is narrowing, signaling a strengthening rebound.
CMBMINT, the world's first tokenized public fund, has been launched by China Merchants Bank International, with dual certifications from Hong Kong and Singapore, verifying Solana's compliance and financial strength. Institutions are stocking up: Upexi and other institutions have accumulated 1.9 million tokens over four months, while four listed companies collectively hold 3.5 million tokens, accounting for 0.65% of the circulating supply; 'smart money' is clearly positioning itself. Ecosystem explosion: DeFi TVL has surpassed its 2022 peak, Jito protocol optimizes staking returns; Visa is piloting USDC settlements, bridging traditional payments; leading blockchain games have over 500,000 daily active users, with daily transaction volumes exceeding $200 million. An average of 3 million active wallets daily verifies real demand.
Despite an overall correction in the crypto market, with Bitcoin falling below $110,000, SOL shows significant resilience. If the technical level breaks above $190, it is very likely to surge towards $209; if it falls below $178, $170 will be the key support.
The institutional cost line at $170 provides a safety margin, with technical barriers like TPS and low costs, combined with an ecosystem explosion in DeFi/NFT/payments, laying the foundation for value, similar to Ethereum in 2020. SOL is building the infrastructure for the next generation of the internet.
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