Solana Eyes $300 as Institutional Interest Grows
Solana (SOL) is trading at $248.08, up 4.41% in the last 24 hours, with a market cap of $134.71B and daily trading volume of $10.18B. Recent catalysts include SEC approval of Grayscale’s Crypto 5 ETF featuring SOL, the launch of Solmate’s $300M Solana treasury in Abu Dhabi, and CME Group’s plan to introduce Solana options. Technical analysis shows strong momentum, with resistance at $253.21 and support at $240.17. With growing institutional adoption and bullish sentiment, analysts see $300 as the next target for SOL.
Key Stats: Price $248.08 | Supply 543.03M | Volume $10.18B
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