#solana #kamino $SOL

The Solana ecosystem has achieved a landmark $4 billion in deposited funds, reflecting heightened investor confidence and platform adoption. Milestone Achieved on Binance Square underscores Kamino's role in driving liquidity, while SOL trades at $163.15 with bullish momentum. TVL surged 25% to $7.65 billion, and Active Addresses hit 23M+, signaling robust engagement.

Key Drivers of Growth

DeFi platforms like Sanctum, Jito, and Kamino remain central to Solana's TVL expansion. Remittix's integration enables fiat conversions, enhancing accessibility. Developer activity thrives with 83% YoY growth and 7,600+ new developers. The near- certain ETF Outlook fuels institutional optimism.

Trading Implications

Technical indicators suggest a bull flag pattern between $155-$165, with potential breakout toward $220 (53% upside). Support levels at $120-$130 and RSI recovery signal buying opportunities. The 3.1-3.4 long-short ratio reflects dominant bullish positioning. Consider entering above $165, with stop-loss near $120 and targets at $220.

Community Sentiment

Binance analysis reveals 84.6% bullish sentiment, driven by hackathons and Superteam programs. Recent inflows from large traders and Kamino's liquidity dominance position Solana to challenge Ethereum's DeFi supremacy in coming quarters.