Main notes
- 78.82 % of merchants has turned into a cliff on the Seoul, and they occupied long sites.
- Sol options have increased by 1,117 % over the past 24 hours.
- Solana Investment products recorded $ 6.4 million in flows last week.
Solana
Teller
143.1 dollars
24 hours fluctuation:
2.3 %
The maximum market:
$ 73.13 b
Folder. 24h:
$ 3.33 b
It acquired the attention of both traders and institutional investors, indicating an upward trend after an increase of 8 % during the past 24 hours. At the time of the press, Sol is trading $ 143.3, as it dramatically decreased from EMA for 20 days.
On Binance futures, 78.82 % of merchants currently hold long positions on Sol, explained by Crypto analyst Ali Martinez. Coinglass data appears Huge increase of 106 % in the size of Sol derivatives and an increase of 1117 % in options.
The increasing derivative activity is also a sign of increasing the upscale emotions on the distinctive Sol symbol, which is currently classified as the sixth largest digital asset.
Institutional interests increase: $ 6.4 million in flows
According to CoinsharesSolana Investment products recorded $ 6.4 million in flows, while ethereum
Eth
2 dollars 072
24 hours fluctuation:
1.0 %
The maximum market:
$ 250.03 b
Folder. 24h:
$ 11.01 b
He faced $ 86 million in external flows.
This important transformation indicates that institutional investors are returning capital towards Solana, and they may see it as a stronger alternative to Ethereum.
The additional support for SOL from the flows to the pipelin and chainlink, which enhances the wider altcoin attention.
Solana Etf spot approval
The excitement about Solana is more supported Polymarket predictionsWhich puts 87 % probability on Solana Solana ETF approval in 2025.
Source: polymarket
US President Donald Trump recently reported Seoul among a selection of cryptocurrencies that can be included in the United States Check Reserve.
By running a fracture supporter with a full focus, the possibility of Etf Solana ETF approval is improving. If he realizes, this may lead to bringing important institutional funds to the ecosystem, reflecting the success of the investment funds circulating in Bitcoin.
Sol price analysis
According to the daily graphic drawing below, the RSI Index sits at 52.14, indicating that Sol does not outperform the peak or excessive, which leaves room for more upscale movement. The gradient in the line indicates an increase in the purchase of pressure as investors turn up.
Source: TradingView
Meanwhile, Bollinger Bands (BB) indicates that Sol tests its upper range at $ 146.28, a decisive level of resistance. The collapse above this may push Seoul towards a range between 175 and 200 dollars in the coming weeks.
It is important to note that Trump launched his MM code called the official Trump
Trump
11.54 dollars
24 hours fluctuation:
3.1 %
The maximum market:
$ 2.31 b
Folder. 24h:
$ 662.25 m
The distinctive code is currently trading at $ 11.89 with the maximum market of $ 2.37 billion. The emerging Mimi currency and ecosystems in Solana can keep the key for a further increase.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
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