The recent market for #solana (SOL) is hot, with the price already rising to $207, suggesting a bullish breakout may be on the horizon!

Currently, SOL has successfully broken through the key neckline at $188.50, confirming the classic cup and handle pattern, which means the next target price could be directly aimed at $300. For ordinary investors, this feels like seeing a well-paved 'upward track', with the market expected to continue rising.

The driving force behind this is also quite evident: institutional interest is on the rise, and more and more big players are beginning to pay attention to Solana. Notably, CMB International has launched Asia's first public fund on Solana, and the influx of such funds has made the market more stable and confident.

Technical indicators are also providing positive signals: SOL's lows are gradually rising, and trading volume is strong, indicating ample bullish strength supporting the price increase. In other words, both technical and financial aspects are providing 'momentum' for the next wave of growth for Solana.