🔥 $SOL BREAKOUT LOOMS — SOLANA EYES $250 🚀
Solana is back in the spotlight as crypto markets recover. After peaking above $212 last week and holding steady near $209, confidence in SOL’s strength is rising. Analysts now see a clear path toward $230–$250 if momentum continues.
🚩 ETF Buzz Fuels Demand
Speculation around a potential Solana spot ETF is driving institutional flows. Bitget Wallet’s CMO highlighted how U.S. regulatory shifts and ETF chatter are amplifying investor interest. Bloomberg’s James Seyffart also noted SOL and XRP are well-positioned for ETF approval under existing rules.
📊 On-Chain Growth
$500M in Real World Assets (RWAs) already tokenized on Solana
Daily DEX volume surpassing $7.9B, even beating Ethereum
Strong technicals: support near $206, resistance at $218
A breakout above $218 resistance could unlock the next rally zone, targeting $230–$250. With RSI at 56, SOL still has room before hitting overbought territory.
👉 Traders are watching closely: If approved, a Solana ETF could trigger a demand shock that transforms its long-term market structure.
