– Solana (SOL) surged past $200, hitting $205.87 intraday, with a 22.59% 7-day gain and $108B market cap.
– Institutional adoption accelerated as Upexi, holding $316M SOL, formed a Solana advisory committee led by Arthur Hayes.
– SEC’s 90% approval probability for Solana ETFs on Polymarket could boost institutional adoption and liquidity.
– Technical indicators show bullish momentum with $219.41 as next target, though RSI near overbought levels raises caution.
– Altcoin dominance at 27.8% highlights Solana’s 15.4% weekly gain outpacing Ethereum’s 7.9% as risk-on appetite grows.
