Overview
- Solana is trading near $210 with an ascending channel of higher lows, and on-balance volume shows steady accumulation, according to chart analyses.
- The Solana staking ETF (SSK) reportedly drew a single-day $15.8 million inflow, lifting assets to about $219 million and reinforcing the institutional interest narrative.
- Recent coverage cites the Alpenglow upgrade’s claimed 100–150 millisecond finality, 107,000-plus TPS and sharply lower validator costs as a key driver of confidence.
- On-chain watchers note whale and shark accumulation, including a reported $103 million SOL transfer to Coinbase tied to Galaxy Digital, though market implications remain debated.
- Analysts say a decisive break through the $215–$238 band could open a path toward $250–$300, while rejection may bring retests toward $185–$195 and volume remains the confirming factor.