Solana News: Solana Eyes $185 Breakout as Multi-Exchange Liquid Staking Gains Institutional Traction

AI Summary

Key Takeaways:

Solana completes inverse head-and-shoulders breakout, setting $185 as the next resistance.

Liquid Collective launches LsSOL

Institutional demand for liquid staking rises ahead of potential Solana ETF approval.

Solana (SOL) is gaining renewed momentum as institutional players ramp up interest in the network’s staking ecosystem. The recent introduction of a multi-exchange liquid staking token could act as a key catalyst for SOL’s next leg upward, potentially driving the price toward the $185 resistance zone.

Liquid Staked SOL launches with major institutional backers

Liquid Collective, an enterprise-grade staking solution, has launched LsSOL, a liquid staking token built on Solana.