Solana was trading around $102 on Tuesday, down more than 7% from its recent seven-month high of nearly $110. The network nonetheless recorded an average of 9.5 million new addresses per day over the past week, signaling sustained adoption. US Solana ETFs extended their streak of weekly net inflows to nine consecutive weeks with nearly $154 million raised, while the Bitwise Solana Staking ETF surpassed $1 billion in assets under management in just ten months. Technically, 39 million SOL were acquired at the $103 support level, and analysts target a move toward $150 if resistance at $123 and $132 breaks, or even toward $300 according to some bullish projections.
Source: Read the original article

