🚀 Solana Breaks $240 — Is $300 Next?
🔥 Key Highlights:
Institutional wave: Forward Industries secures $1.65B SOL-native treasury deal backed by Galaxy Digital & others.
Whales & treasuries loading up: Exchange outflows rising, sell pressure dropping.
Futures open interest surges to $16.6B with stable funding — bullish positioning.
Critical zone: $250 resistance in focus. Breakout could open path to $270–$300.
Downside supports: $212–$224 levels to watch if momentum cools.
📊 Market Outlook:
Bull case → $300+ if institutional inflows continue.
Base case → Range $250–$300 with pullbacks possible.
Bear case → $150–$200 if macro turns risk-off.
⚠️ Watch regulation, macro conditions, and network performance.
Credits: Decrypt, Cointelegraph, BeInCrypto
SOL
126.31
-0.46%