Solana Eyes Breakout To $300 As Institutions Pile In
The post Solana Eyes Breakout To $300 As Institutions Pile In appeared on BitcoinEthereumNews.com. The Solana price tested resistance near $215 in late August 2025 as institutional demand expanded. Market analysts said repeated failures at this zone kept the trend uncertain, though sustained buying pressure suggested a possible breakout toward $300. Solana Price Meets Resistance Again The Solana price traded near $201 at the time of writing, up 6% in the last 24 hours and more than 11% over the past week. Analysts said the chart showed repeated tests of resistance between $210 and $215. Each attempt faced rejection, but higher lows beneath the ceiling signaled steady accumulation. Market technicians noted that resistance levels tend to weaken with repeated tests. A confirmed break above $215 could create space for further gains, while another rejection risked a retreat toward lower support. Ali Martinez said the chart offered two short-term outcomes. A move toward $176 could retest a strong support cluster and the rising trendline visible since spring. A breakout above $207 could flip resistance into support and confirm bullish continuation. Both scenarios pointed toward a broader target near $300, aligned with Fibonacci extension levels. Source: X Analysts added that until the price cleared one of these levels decisively, consolidation remained the dominant theme. Source: X Institutional Demand Shifts Market Outlook Institutional participation continued to reshape Solana’s market structure. Pantera Capital announced plans to raise up to $1.25 Billion for exposure to SOL. Reports said the firm aimed to acquire a Nasdaq-listed company, rebrand it as “Solana Co.,” and use it to accumulate tokens directly. This type of strategy signaled long-term commitment from major funds. It also demonstrated how institutional investors were seeking structured vehicles rather than simple exchange purchases. Analysts said such moves added credibility and could provide steadier flows than retail activity. ETF filings and large corporate allocations further indicated that Solana was no…
The post Solana Eyes Breakout To $300 As Institutions Pile In appeared on BitcoinEthereumNews.com.
The Solana price tested resistance near $215 in late August 2025 as institutional demand expanded. Market analysts said repeated failures at this zone kept the trend uncertain, though sustained buying pressure suggested a possible breakout toward $300. Solana Price Meets Resistance Again The Solana price traded near $201 at the time of writing, up 6% in the last 24 hours and more than 11% over the past week. Analysts said the chart showed repeated tests of resistance between $210 and $215. Each attempt faced rejection, but higher lows beneath the ceiling signaled steady accumulation. Market technicians noted that resistance levels tend to weaken with repeated tests. A confirmed break above $215 could create space for further gains, while another rejection risked a retreat toward lower support. Ali Martinez said the chart offered two short-term outcomes. A move toward $176 could retest a strong support cluster and the rising trendline visible since spring. A breakout above $207 could flip resistance into support and confirm bullish continuation. Both scenarios pointed toward a broader target near $300, aligned with Fibonacci extension levels. Source: X Analysts added that until the price cleared one of these levels decisively, consolidation remained the dominant theme. Source: X Institutional Demand Shifts Market Outlook Institutional participation continued to reshape Solana’s market structure. Pantera Capital announced plans to raise up to $1.25 Billion for exposure to SOL. Reports said the firm aimed to acquire a Nasdaq-listed company, rebrand it as “Solana Co.,” and use it to accumulate tokens directly. This type of strategy signaled long-term commitment from major funds. It also demonstrated how institutional investors were seeking structured vehicles rather than simple exchange purchases. Analysts said such moves added credibility and could provide steadier flows than retail activity. ETF filings and large corporate allocations further indicated that Solana was no…
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