$SOL Solana ($SOL) is currently trading around $134.40, showing a modest gain of 0.15% since the previous session. This uptick continues its impressive 35% rebound from the April 7 low of $97.18, sparked largely by Canada’s launch of the world’s first Solana spot ETF. The move has ignited institutional interest, with over $270 million in staking deposits flowing in—reducing circulating supply and driving momentum.
Technicals are also flashing bullish signs. RSI is nearing oversold levels, and reversal patterns are forming. Analysts see resistance around $145–$150, with some long-term targets stretching to $265. Solana’s rally may just be getting started. $SOL