Solana (SOL) cryptocurrency has hit a six-month high, registering a price increase to around $216 after breaking through important resistance levels, according to analytical materials. Over the week, the cryptocurrency rose by about 16%, driven by institutional purchases, technical signals, and improved market sentiment.
Technical indicators point to growing interest: a “golden cross” has formed on the SOL/BTC chart — a temporary pattern that has previously preceded powerful upward rallies. A possible target is $300.
Renewed investor confidence: Large purchases by major players (such as Digital Asset Treasuries) had a noticeable impact, which also strengthened fundamental confidence in Solana.
Social media: Against the backdrop of rising prices, positive mentions of Solana have increased almost sixfold compared to negative ones — the highest since June.
ETFs and institutional demand Launch of the first Solana ETF (SSK) that supports staking; funds established by Galaxy Digital, Sharps, and Pantera — potentially $3 billion in demand.
Solana has updated its six-month high and is showing steady growth thanks to a combination of technical signals, institutional demand, and positive public perception. If current activity levels continue, SOL could quickly approach $300 again. However, investors should consider the risks, including a possible correction and external macro factors.
Source: https://www.fixygen.ua/news/20250829/kriptovalyuta-solana-sol-onovila-pivrichniy-maksimum.html
