🚀 Solana (SOL): Are we looking at a new breakout?

Current price: around $113, up by about 11.6% over the past 24 hours. The market cap is close to $65.6 billion, placing it seventh among cryptocurrencies. (OKX) (Bybit)

📊 Why is everyone talking about Solana?

1️⃣ Institutional flows: Spot SOL funds in the United States recorded inflows of $33.49 million on August 24, marking the strongest daily demand in more than eight months. (CoinMarketCap)

2️⃣ Expanded access: Charles Schwab added Solana to its digital assets platform. (Crypto.com)

3️⃣ A more solid symbolic economy: the auditors approved increasing the rate of annual inflation reduction, which lowers future issuance. (Crypto.com)

4️⃣ Real network activity: the number of daily active addresses in stablecoins reached 888k in September. (Crypto.com)

📈 Technical read

Near resistance: the 114 zone. Breaking it with strong trading volume could pave the way toward 120. (Bybit)

Important support: the $100 zone, which has turned from resistance into psychological support.

Alert: Last week’s surge was substantial, and it may be followed by a healthy correction before any new rise.

💡 Summary

The coin is still about 61% below its all-time high, and the fundamentals are improving. But markets don’t reward the impulsive—they reward those with a plan and discipline. 💪 (OKX)

🗣️ Now it’s your turn!

Where do you see Solana ending this month?

🟢 Above $120 | 🟡 Fluctuating around $110 | 🔴 Correction toward $100

Write your prediction in the comments, and don’t forget to like and follow for more analyses! 👇

⚠️ This content is for awareness only and is not investment advice. Trading cryptocurrencies is high-risk—invest only what you can afford to lose.

#Solana #SOL #Binance #BinanceSquare #Technical_Analysis