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Solana's $120 Target Remains Within Reach Amid Market Volatility

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SOL
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Solana's price remains within reach of its target $120, despite slipping back to around $98 in recent market pullbacks. To retake this level, Solana must recover by more than one-fifth from its current area.

Institutional flows provide mixed support, with SOL ETF inflows remaining positive at $4.9 million during the week ending September 4, although this total was 97% below the previous week's figure.

DigiTap offers a different calculation for potential growth, moving from its current presale price of $0.0589 to its stated listing price of $0.14 represents an increase of roughly 138%, or about 2.38 times the initial value before costs.

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