🚀 Solana's Momentum Continues Amid Institutional Interest
Solana is experiencing a significant upswing, with its price surpassing $160 and showing potential to reach $170 in the near term. This bullish trend is supported by increased network activity, including a 25% rise in total value locked (TVL) over the past month and a notable surge in decentralized exchange (DEX) volumes.
Institutional investments are also bolstering Solana's growth. For instance, SOL Strategies acquired over $18 million worth of Solana tokens, reflecting confidence in the asset's future. Additionally, SRx Health Solutions invested approximately $1.5 million in Solana as part of its asset diversification strategy.
Analysts suggest that if this momentum continues, Solana could challenge higher resistance levels, potentially aiming for the $180 mark.
