Solana (SOL) is gaining attention as analysts highlight a megaphone pattern on its chart, suggesting a potential price target of $2,000 if current trends persist. Institutional interest is on the rise, with Fidelity updating its ETF filing and REXShares ETF receiving $16.2 million in inflows. Currently, SOL is trading at $200.91, with a 24-hour trading volume of $3.36 billion. However, Coinglass reports $21.97 million in net outflows, indicating mixed market sentiment.
Solana Eyes $2,000 Target Amid Institutional Inflows and Chart Patterns
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.