Solana Breaks Above $100 as Institutional Access Drives Rally
Solana's price has broken above the $100 mark after months of resistance below this psychological level, marking its strongest monthly advance in years.
The breakout comes as institutional access and ETF activity converge around SOL. Charles Schwab is set to expand Solana access, while U.S. Solana-linked products have recorded sustained inflows.
Solana validators are voting on proposals that would accelerate disinflation and increase the amount of transaction-related fees permanently removed from circulation, potentially reducing projected issuance by about 18.9 million SOL over six years.
The immediate resistance is now around $105-$110, with the broader $125-$130 supply zone becoming relevant if momentum continues.