🚀 $SOL +4 % exceeds $209: ETF on the rise, massive staking, record TVL — next stop $270–$300?
Solana shines brightly again after a new 4 % surge that places it above $209, driven by a confluence of strategic factors:
ETF in focus: Several investment firms have submitted amendments to launch Solana ETFs, and Bloomberg estimates a 95 % approval probability by October 2025. A giant catalyst for institutional flow entry.
Exceptional institutional staking: Movements of $505 million in staking were reported by whales, a clear sign of structural accumulation in strategic hands.
Record on-chain activity: The TVL in Solana reached new highs in DeFi, exceeding $30 billion, while thousands of contracts and transactions confirmed its leadership in the ecosystem.
Ambitious technical projection: Based on recent data, the key support is at $196, while a breakout towards $270–$300 is on the radar if this momentum is maintained.
Are you joining the institutional SOL rally or waiting to see if $270 becomes new support?
