Solana has broken through the $140 resistance level, confirming a bullish breakout on the daily chart, with the next technical target around $170. The token rose 4.09% on the day, trading around $139, and institutional capital inflows have strengthened its outlook. Spot ETF net inflows reached 1,253,300 SOL, with Bitwise leading gains; Morgan Stanley has submitted a trust application for Solana, adding long-term positive factors for Solana.
Solana has broken through the $140 resistance level, confirming a bullish breakout on the daily chart, with the next technical target around $170. The token rose 4.09% on the day, trading around $139, and institutional capital inflows have strengthened its outlook. Spot ETF net inflows reached 1,253,300 SOL, with Bitwise leading gains; Morgan Stanley has submitted a trust application for Solana, adding long-term positive factors for Solana.