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Bitzo 2025-07-05 19:07:24

$2.7M SOL Treasury Buy Hints at Confidence — Could $200 Be Back on the Table?

$2.7M SOL Treasury Buy Hints at Confidence — Could $200 Be Back on the Table?

A recent $2.7 million treasury purchase of Solana (SOL) has reignited speculation around the token’s long-term potential. This bold accumulation suggests growing institutional or project-level confidence, hinting at a possible shift in momentum. With SOL trading just below key resistance levels, market watchers are beginning to ask: is this the early signal of a rally that could push Solana back toward the $200 mark? Solana Eyes New Highs Amid Price Swings Source: tradingview Solana (SOL) trades between $138 and $162, showing a recent uptick of over 4% in a week. Despite a monthly dip of just over 3%, the coin holds promise. Key support stands near $122, with resistance looming at $170. If it crosses the second resistance at $194, SOL sees a potential surge, possibly rising by around 20% from current levels. Though it dropped around 31% over six months, the market shows interest, signaling potential growth. A balance between current price support and short-term growth indicates SOL may soon test upper limits with renewed momentum. Conclusion The strategic $2.7 million SOL buy has added a bullish undertone to Solana’s current market position. While resistance levels still need to be cleared, the renewed confidence and improving technical signals point toward a possible upward breakout. If momentum holds, SOL could once again approach the $200 range—turning this treasury move into a potential turning point for the asset’s mid-term trajectory. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine