$SOL is trading near $112, up about 10% over the past week after decisively breaking out of its recent $102–$110 consolidation range. The move comes on the back of both strong technical structure and a string of fundamental catalysts. On the institutional side, Charles Schwab recently added Solana (alongside Avalanche and Chainlink) to its crypto platform, opening direct trading access for retail clients — a meaningful nod to $SOL 's growing legitimacy. On the network side, validators have approved doubling the annual disinflation rate to 30% and canceled roughly 18.9 million SOL to combat excessive inflation, tightening long-term token economics. The chain also raised its transaction size limit to 4,096 bytes, enabling more complex on-chain applications, while activity remains red-hot — Solana recently set a record with over 263,000 tokens issued in a single day, largely driven by memecoin launches on Pump.fun. Technically, SOL is now testing resistance near $114; a clean break there would put the $120 level in play next. On the downside, the $100–$102 zone should act as solid support if momentum cools. With SOL still trading well below its all-time high of $293.31 set in January 2025, some traders see room to run if the broader altcoin rotation continues. As always, the token remains far more volatile than majors like $BTC
, so risk management matters more here than most places. For a network built around speed and scale, this rally looks less like a spike and more like a network finally being recognized for the infrastructure it has quietly built. #SOL #Solana #CryptoUpdate🚀🔥 #HKCompletesFirstHKDStablecoinUseCase #XRPExchangeReservesHitSevenYearLow #HKCompletesFirstHKDStablecoinUseCase #BOJRaisesRatesTo31YearHigh