Solana breaks through the $140 resistance level, confirming a bullish breakout on the daily chart. The next technical target is around $170. The token rose 4.09% on the day, with a trading price around $139, and institutional capital inflows have also strengthened its outlook. The spot ETF has a net inflow of 125,330 SOL, with Bitwise leading the way; Morgan Stanley has submitted a Solana trust application, adding a long-term positive factor for Solana.
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Solana breaks through the $140 resistance level, confirming a bullish breakout on the daily chart. The next technical target is around $170. The token rose 4.09% on the day, with a trading price around $139, and institutional capital inflows have also strengthened its outlook. The spot ETF has a net inflow of 125,330 SOL, with Bitwise leading the way; Morgan Stanley has submitted a Solana trust application, adding a long-term positive factor for Solana.