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Solana Nears Key Resistance as Institutional Demand Fuels Rally
Solana has significantly outperformed major cryptocurrencies, advancing more than 15% over the past three sessions to trade above $210. The token is now approaching a key technical resistance level near its February peak of $236.46. A sustained break above this threshold is viewed by analysts as a potential catalyst for a run toward its all-time high of $295.83, recorded in late 2021. The rally is underpinned by substantial institutional accumulation following the successful launch of the first U.S.-listed Solana exchange-traded funds (ETFs) in July. The products have seen consistent inflows, reflecting growing ... (full story)
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