🔥 $SOL maintains $185 after previous peak, influences, and institutional development
📊 Current price and clear technical structure
Solana is trading at $185.28, with an intraday range between $184.43 and $188.44. Despite a retracement from over $200, it remains strong within the weekly bullish channel and above the 50-day EMA near $180 (turn0search2, turn0search12).
⚙️ Key factors
The REX-Osprey Solana + Staking ETF (SSK) surpassed $100M in AUM just 12 days after its launch, driving a 25% increase in SOL
Affected by institutional bullish pressure: in a single day, the ETF recorded over $1.4M in net inflows, accumulating over $69M since launch
Whales continue to accumulate SOL: a wallet acquired 73,500 SOL (~$13.8M) just yesterday
Expansive ecosystem: DEXs reach a daily volume of $3.15B USD, and over $4B in deposits on the Solana network
🔧 Technical level of the day
📌 Support: $180–$182 (EMA supports and channel base)
📌 Immediate resistance: $190–$192 (recent highs)
🎯 Critical zone: maintaining above $184 could allow for renewed momentum towards $190–$200, with possible extension to $210+
🌐 Institutional outlook / macro vision
The SSK ETF represents a structural shift: it offers regulated staking yield, which enriches the value of SOL compared to other tokens without rewards. With constant inflows and an expanding ecosystem (tokenization, DEXs, DeFi), SOL is advancing as an altcoin with a robust institutional profile and potential for mass adoption
Will you enter taking advantage of this range of $184 or wait for confirmation above $190 to add positions? 👇
🔔 For daily analysis + alerts on top crypto: $SOL
