SOL Token Surges 2.42% as $7.8M Institutional Buy and Golden Cross Fuel Bullish Momentum

Solana (SOL) has experienced a 2.42% price increase over the past 24 hours on Binance, rising from 142.70 to 146.16. This upward movement is primarily attributed to growing anticipation of a technical “golden cross” breakout, as highlighted in recent technical analyses, and increased institutional interest, notably Upexi’s $7.8 million SOL purchase. These developments have contributed to renewed bullish sentiment and higher trading activity, despite ongoing market volatility. Currently, Solana’s market capitalization is around $75.9 billion with a circulating supply of approximately 534.45 million SOL. Trading volume figures remain mixed across sources, but overall, the asset is drawing significant attention due to technical indicators and large-scale acquisitions.