Solana Surges Past $110 Amid Charles Schwab Adoption Plans

Solana (SOL) has surged to $110, nearing its January price levels. This increase is attributed to Charles Schwab's plans to adopt SOL. Although it pulled back to $105, the altcoin's bullish trend remains strong with rising open interest and trading volume, indicating high market participation despite recent volatility and liquidations.

Techincal indicators like the DMI Modified and RSI suggest continued upward momentum, with potential targets at $110 and $125 if demand persists. However, sustained selling pressure could cause a retracement to $102.