$SOL ๐๐ฟ๐ฒ๐ฎ๐ธ๐ R$๐ฎ๐ฌ๐ต - ๐๐ฎ๐ป ๐๐ง๐ ๐ข๐ฝ๐๐ถ๐บ๐ถ๐๐บ ๐ฃ๐๐๐ต ๐๐ ๐๐ผ R$๐ฎ๐ฏ๐ฏ?โ๏ธโ๏ธ
$SOL extended its rally, trading at R$209.91, with market cap reaching R$113.5B and daily volume up 35.9% to R$9.08B.
Momentum is fueled by expectations of a U.S. spot Solana ETF, with VanEck and Franklin Templeton updating filings to include staking.
Analysts now see a 95% approval chance by Oct 2025, potentially triggering institutional inflows.
On-chain, validators approved the Alpenglow upgrade with 99% support, cutting transaction finality from 12.8s to 150ms - comparable to Google search speed. This positions Solana as a high-performance blockchain.
DeFi liquidity is also rising, with TVL hitting R$11.66B a 2-year high driven by lending, liquid staking, and DEX activity. The trend suggests fundamentals are strengthening alongside price action.
Technically, SOL broke above its 7-day SMA (R$204.69) and 30-day EMA (R$192.23). Resistance sits at R$217.8, with upside targets at R$233.1 and R$236. Long-term, ETF approval could fuel a move toward the ATH of R$294.3, mirroring Bitcoin's R$142B ETF-driven demand. Key supports remain at R$195, R$176.6, and R$146.5.
ETF optimism, on-chain upgrades, and DeFi growth align to keep Solana in focus for traders, investors, and institutions.