🔥 $SOL Is Showing Strong Momentum!
Solana is trading around $104 after a powerful recovery that pushed $SOL above $100 and briefly toward $110. The recent strength is supported by growing network activity and increasing institutional interest.
📊 One of the biggest catalysts is Solana’s ETF market. U.S. spot Solana ETFs have attracted approximately $1.26B in cumulative inflows, highlighting growing demand from institutional investors.
CoinMarketCap
Solana also processed a record 4.2 billion on-chain transactions in July, showing strong activity across the network.
CoinMarketCap
⚠️ After such a strong rally, short-term profit-taking is possible. $100 is an important psychological support, while $110 is the key resistance zone.
A clean breakout above $110 could strengthen bullish momentum, while losing $100 may lead to consolidation.
🔥 Will $SOL break $110 next?
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