Overview

• Solana jumped roughly 7–8% and pressed through the $205–$210 band, briefly topping $215 to a six‑month high before easing near $214, according to CryptoSlate and CoinDesk data.
• Analysts highlight an ascending‑triangle structure with higher lows and a measured target near $255, supported by a MACD bullish crossover and an RSI in the mid‑50s to 60.
• On Myriad, traders now price a 71% chance that $250 arrives before $130 and peg 2025 all‑time‑high odds near 50%, signaling a notable sentiment turn.
• Institutional and smart‑money signals strengthened, with Chorus One launching a Solana validator with Delphi and Nansen tracking a $4.77 million daily increase to $24.1 million in tracked smart‑money SOL holdings.
• Market participation and relative strength firmed, with reported $2.35 billion in 24‑hour SOL perpetuals volume and SOL/BTC testing key resistance that could precede outperformance, though a Bitcoin drop remains a material risk.