The weekly trend of SOL is crucial; if it can close positively this week, the performance in the following period will definitely be good.

Why do I say it deserves special attention?

Recently, the major cryptocurrencies have experienced fluctuations and corrections, causing many altcoins to collapse, but SOL has remained stable, showing a relatively independent trend with visibly strong performance.

From the weekly rhythm, the lows are rising, and the highs are gathering momentum. If this bullish candle can hold, it will signal a strong rebound.

Market preferences are very direct; whoever can withstand the downturn will attract capital flow, and SOL is currently one of the few assets recognized by the market.

Additionally, Pantera Capital has announced plans to raise up to $1.25 billion to acquire a listed company and transform it into an investment platform focusing on Solana, named 'Solana Co.'. This move signifies a high level of institutional recognition for the Solana ecosystem and is expected to further drive the demand and price of SOL upwards.

If a strong rebound can indeed be achieved, reaching a new high of 300 is not a problem. The key is how this week closes; once the bullish candle is confirmed to be stable, it could mark the starting point for a new wave of market movement.