ETF Approval Optimism:
Bloomberg analysts predict a 90% chance of Solana ETF approval due to increased SEC engagement with ETF issuers.
Institutional Accumulation:
Galaxy Digital has significantly increased its Solana holdings, while Pantera Capital also holds a substantial amount.
Price Targets:
Analysts see $300 as the next key milestone for Solana, with potential targets reaching $363, $473, and even $583 if market momentum persists.