Solana (SOL) Eyes Further Gains Amid Strong Institutional Demand

Solana (SOL) rose nearly 20% in September and is currently trading at $120. Analysts are targeting $150, though some technical indicators suggest a potential short-term pullback. Institutional demand remains high, with spot US SOL ETFs accumulating approximately 4.37 million coins worth $450 million since July 13. While some traders plan to short the asset, a mysterious whale recently opened a $20.2 million long position on SOL with a liquidation price of $98.