Solana (SOL) has experienced a significant price surge, reaching $185. This marks a notable increase from its previous levels, with the cryptocurrency trading at $180 earlier. The rise follows a similar pattern to Tesla's movement since June 24, with SOL trading higher. Trading volume for Solana has also surged, with $3.3 million per hour in spot buying, indicating new money entering the market. Analysts suggest that the path to $200 is clear, especially after holding the $125 level for the past 60 days. The market sentiment appears bullish, with some comparing Solana's trading behavior to that of an ETF. Despite this, the main stream media's key opinion leaders suggest caution.
#Solana volume $3.3m per hour spot buying new money evidence. h/t @VXN_618 https://t.co/uoT5jOVCIg
SOLANA to $200 The path is clear It's been clear for the last 60 days when we held $125. With each close over the lower box, the support becomes resistence New boxes drop once we have 3 straight days over $200 close Don't let the main stream media KOLs tell you the top is in https://t.co/EQh1FwUxLA
What a fucking time to be sidelined on Solana memecoins Couldn’t be me, get ready for what’s coming 👀 https://t.co/JGIKOtVoMG