🔥 SOL Ignites — Could Soar to $250!

Solana ($SOL) is back in the spotlight. After briefly hitting $212 last week, it retraced slightly to $209 but has held strong, boosting market confidence.

💹 What’s driving SOL?

Institutional flows & ETF speculation — Growing chatter around a Solana spot ETF is fueling interest, with the U.S.'s favorable regulatory tone acting as a catalyst.

Market adoption — Real World Assets (RWAs) on Solana have reached $500M, showing rising institutional usage.

On-chain activity — Solana’s daily DEX volume hits $7.93B, surpassing Ethereum.

📈 Technical Watch:

Current price: $209.30, above key moving averages.

7-day SMA support: $206.70

Resistance: $218 — a breakout could push SOL toward $230–$250.

RSI: 56.27, signaling room for gains before overbought.

🌐 ETF Buzz:

Experts anticipate SEC approvals for ETFs beyond Bitcoin and Ethereum, and Solana is among top candidates. A Solana ETF could spark institutional demand, potentially reshaping SOL’s market structure.

🚀 Why traders are paying attention:

SOL’s fundamentals, growing adoption, and ETF speculation make it one of the most watched cryptocurrencies for the next big move.

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