⚡ Solana Leads Majors – Breaks $109, Up 44% Weekly!

Current Price: ~$107–$109

24-Hour Change: +5.79%

Weekly Change: +44%

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Solana is the standout performer among major cryptocurrencies, surging nearly 44% since the rally began – the highest weekly gain among all top 10 assets.

Why SOL is Soaring:

· Fee Redesign Vote: Validators are voting on a proposal that would lift daily SOL burns from 650 to 9,000 SOL

· Strong Institutional Demand: Solana ETFs added $60.91 million on August 27

· ETF Inflows: SOL ETFs have attracted consistent institutional capital throughout the rally

Key Levels:

· Resistance: $110–$112

· Support: $100–$102

· Current: ~$107–$109

Technical Outlook:

SOL is testing key resistance at $110. A breakout above this level could open the path toward **$120–$125**. The fee redesign vote, which would dramatically increase daily token burns, is a significant bullish catalyst for the tokenomics.

⚠️ Risk:

SOL's RSI is in overbought territory – a pullback toward $100 is possible before the next leg higher.

#SOL #Solana #Crypto