Analysts project potential parabolic growth for Solana
Solana has surged 6% to $105, with analysts suggesting a potential breakout toward $1,300 based on technical patterns and institutional demand. Despite a brief market correction following the failure of the CLARITY Act (US digital-asset market-structure bill), SOL has seen strong inflows into spot ETFs and significant exchange withdrawals. Analysts point to a cup-and-handle pattern and a breakout from descending resistance as indicators of further bullish momentum.
Summaries are written by AI from the original article. Not investment advice.