Solana (SOL) is holding steady near the $186 mark, with $190 identified as a critical support level for a potential rally towards $240–$300. Analysts emphasize the importance of maintaining this support to sustain the upward trend and prevent a wave-b correction. The Relative Strength Index (RSI) is at 39, suggesting mild oversold conditions. Institutional interest in Solana remains robust, as evidenced by the Bitwise Solana Staking ETF (BSOL) recording $72 million in volume on its second day. Additionally, futures open interest has reached $10.63 billion, indicating heightened speculative activity in the market.