Overview

• SOL hovers around $209–$214 after a brief pullback, with price compressing inside a symmetrical triangle and holding above key supports.
• Charts highlight clustered resistance near $212–$216 and a weekly Ichimoku cloud reclaim, with a confirmed break seen opening room toward $230–$260.
• Forecasts referenced in the coverage point to $240–$260 as a near‑term target range if momentum carries through the breakout.
• Institutional signals include reported treasury holdings of 8.91 million SOL across thirteen public companies, valued near $1.8 billion.
• On‑chain activity remains elevated, with USDG supply on Solana up more than 160% month over month and reported daily DEX volume near $7.93 billion.