Overview

• Fresh analysis on Sept. 4 shows SOL recovering from $194–$195 to trade above $200, with immediate resistance at $212 and a larger cap near $218.
• Technical setups across recent reports highlight an ascending channel with higher lows and a defended $200 base, while a sell wall remains near $238.
• Brave New Coin cites SolanaFloor in reporting a $15.8 million single-day inflow to the SSK Solana staking ETF, taking assets to about $219 million, a record high.
• NewsBTC notes a $103 million SOL transfer by Galaxy Digital to Coinbase, a move traders view as indicative of shifting institutional positioning.
• Coverage presents the Alpenglow upgrade as a potential catalyst, reporting claims of 100–150 ms finality, >107,000 TPS, and sharply lower validator costs, though analysts still seek stronger volume to target $230–$260 and warn of $200–$195—$184 supports if rejected.