$SOL Solana Breaks Out Above $100: Bullish Rally Targets $120 đ
âSolana (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.
âKey Support: $97.00 (flipped from previous major resistance)
âKey Resistance: $120.00
âWhy it moved: The price momentum is driven by network upgradesâsuch as slot production speed dropping to 300msâand a major governance vote tighten daily supply, combined with heavy institutional inflows alongside Bitcoin's rally.
âWill SOL hold $100 and push to $120 next week?
â#solana #sol #CryptoAnalysis" s #altcoins s #Bullish #BinanceSquare #NotFinancialAdvice$SOL $SOL
â
âSolana (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.
âKey Support: $97.00 (flipped from previous major resistance)
âKey Resistance: $120.00
âWhy it moved: The price momentum is driven by network upgradesâsuch as slot production speed dropping to 300msâand a major governance vote tighten daily supply, combined with heavy institutional inflows alongside Bitcoin's rally.
âWill SOL hold $100 and push to $120 next week?
â#solana #sol #CryptoAnalysis" s #altcoins s #Bullish #BinanceSquare #NotFinancialAdvice$SOL $SOL
â
