Solana Surges Past $110, Sets Sights on New Targets
Solana's SOL token surged past $110 to reach a seven-month peak of $112.28, fueled by strong buying pressure and market momentum.
The cryptocurrency gained 10.75% in value, breaking through the critical $110 resistance level. This breakthrough has set its sights on new targets at $115 and $120.
Futures open interest on Solana jumped 18.44% to $7.01 billion, while ETF holdings for SOL reached $1.42 billion with total inflows hitting $1.37 billion.