The cryptocurrency market has continued its excellent start to the week as Bitcoin hit the $82,000 mark earlier today. Altcoins are recording even bigger gains, with Solana the best performer among the top 10 cryptocurrencies by market cap. SOL has tapped the $89 resistance level at press time on Wednesday, maintaining an upward trend so far this week. Retail confidence is rising, leading to increased activity in SOL futures, while steady inflows into SOL-focused Exchange Traded Funds (ETFs) reflect institutional support. Momentum indicators support SOL’s breakout towards the $100 psychological level in the near term. Solana regains institutional support SOL is currently up by more than 5% and could rally higher in the near term.
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