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Solana Breaks Out of Falling Wedge Amid Rising Institutional ETP Demand

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SOL
$125.41-0.76%
Solana’s price broke out of a falling wedge on the daily chart, confirming a potential upward breakout. Institutional demand is rising, with $1.566 billion in ETP assets and nine pending filings. Buyers are defending dips more aggressively, with stronger bullish candles showing increased momentum. Price is consolidating near $140, with key liquidity zones between $125 and $148. The fear and greed index is shifting toward greed, aligning with growing ETP adoption. Solana remains a top high-beta altcoin in the current market cycle.
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