Overview

• Solana jumped to an intraday high near $217 and is consolidating around $212–$215, with near-term resistance flagged at $218–$220 and $225.
• Analysts highlight repeated tests of the $205–$210 band and chart patterns pointing to $255–$260 if confirmed, while prediction markets now favor $250 before $130 by roughly 71%.
• Trading activity has surged into multi‑billion‑dollar daily volumes, and sentiment also drew a lift from optimism around the Alpenglow proposal that targets faster finality.
• Structural demand signals include more than $820 million in SOL held by corporate treasuries and a new institutional‑grade validator launched by Chorus One with Delphi Consulting.
• Market voices still warn of retracement risk if Bitcoin softens, and reports of multi‑billion institutional SOL buys appear in single articles and have not been corroborated across outlets.