Solana (SOL) has reached its highest level in six months, reclaiming the $100 psychological level with a 32% gain over the past week. The cryptocurrency’s market capitalization has risen to nearly $60 billion, making it the seventh-largest digital asset. The rally was fueled by favorable US monetary policy changes and growing institutional interest, with spot SOL ETFs recording over $33 million in inflows in just 24 hours. Analysts remain divided: while some predict targets as high as $800 or even $1,000, others caution that the RSI at 70 indicates overbought conditions and that recent exchange inflows suggest increased selling pressure.
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