$SOL Solana Breaks Out Above $100: Bullish Rally Targets $120 🚀
Solana (SOL) is trading at $104.35 after surging over 44% throughout August. The current trend is strongly BULLISH as SOL breaks past months of lower consolidation and outpaces major altcoins.
Key Support: $97.00 (flipped from previous major resistance)
Key Resistance: $120.00
Why it moved: The price momentum is driven by network upgrades—such as slot production speed dropping to 300ms—and a major governance vote tighten daily supply, combined with heavy institutional inflows alongside Bitcoin's rally.
Will SOL hold $100 and push to $120 next week?
#solana #sol #CryptoAnalysis" s #altcoins s #Bullish #BinanceSquare #NotFinancialAdvice$SOL $SOL
Solana (SOL) is trading at $104.35 after surging over 44% throughout August. The current trend is strongly BULLISH as SOL breaks past months of lower consolidation and outpaces major altcoins.
Key Support: $97.00 (flipped from previous major resistance)
Key Resistance: $120.00
Why it moved: The price momentum is driven by network upgrades—such as slot production speed dropping to 300ms—and a major governance vote tighten daily supply, combined with heavy institutional inflows alongside Bitcoin's rally.
Will SOL hold $100 and push to $120 next week?
#solana #sol #CryptoAnalysis" s #altcoins s #Bullish #BinanceSquare #NotFinancialAdvice$SOL $SOL
