Solana Surges 14% in 24 Hours — $200 in Sight

Solana (SOL) has rallied nearly +14% in the past day, moving from ~$174 to test the $199–$200 zone. Trading volumes spiked, signaling renewed market interest.

Key Drivers:

Institutional moves, including R3’s banking partnerships and a new Solana ETF with ~7.3% staking yield.

Fresh capital from BIT Mining, boosting confidence in the ecosystem.

Technical View:

Support: $171–$175

Resistance: $200 — a breakout could open the path to $219–$250.

Outlook:

Analysts project short-term targets of $200–$250, with mid-term forecasts reaching $270–$500 if adoption trends continue.

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