Solana's SOL Token Surges on Bullish Signals, Eyes $150 Target

Solana's SOL token has flashed several bullish signals that could change its market outlook. Its first green monthly candle in ten months is a significant development, indicating improving momentum. Whale accumulation reached 285,503 SOL, worth approximately $28.82 million.

A daily golden cross strengthens the case for SOL potentially reaching $150. The token still faces resistance around $100 to $120, but a sustained breakout could open the path toward this target.

Solana's real-world asset ecosystem has recently reached a new record, with total RWA value climbing to approximately $4.35 billion. This growth highlights expanding activity beyond speculative trading and could provide additional support during a broader market recovery.