$SOL Today's Solana News and Targets 🎯
Solana's price has been making waves, and here are some key updates:
🛑News
- *Solana ETF Speculation*: Bloomberg analysts now place a 90% chance of Solana ETF approval by late 2025, following recent SEC engagement with issuers like VanEck and 21Shares.
- *Institutional Accumulation*: Galaxy Digital purchased $306 million in Solana, bringing their total holdings to $1.55 billion. Pantera Capital also holds $1.1 billion in Solana.
- *Solana's Technical Setup*: Analysts see $300 as the next big milestone, with potential targets at $363, $473, and possibly $583 if market momentum keeps building ¹ ².
🎯Price Targets
- *Short-term*: Solana could reach $248-$259 in the near term, with resistance at $268 and $272.
- *Medium-term*: Analysts expect SOL’s consolidation to break toward $300-$310, with potential for further gains if ETF approval accelerates inflows.
- *Long-term*: Some predict Solana could hit $500 or even $600, citing its strong technical setup and growing adoption ³
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