🔥 $SOL EYES $200 BREAKOUT AS INSTITUTIONAL INFLOWS SURGE! 🚀🏦
Solana is gaining serious momentum, with strong institutional demand driving price action. After reaching $191 with a 25% monthly gain, SOL is poised for a potential breakout above $200.
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📈 Key Highlights:
• $39.1M institutional inflows into SOL last week
• YTD inflows: $245M | AUM: $1.84B (CoinShares)
• Open Interest (OI): Jumped from $7.1B to $9.5B (CoinGlass)
• Derivatives Volume: Hit $26.3B with $11.4M shorts liquidated
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📊 Why This Matters:
• SOL broke above $195, clearing an 8M supply zone
• Less overhead resistance above $195 = room to run
• Trading above Ichimoku Cloud supports bullish momentum
• Strong on-chain signals + reduced selling pressure may accelerate gains
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🧠 Market Outlook:
Solana continues to attract capital from both institutional and retail investors, with smart contract growth fueling optimism. If current momentum holds, a confirmed breakout above $200 could lead to further price discovery.