Solana Eyes ‘Clear Path’ Towards $115 Amid SEC Guidance, SOL ETFs Demand

Amid strong institutional demand and regulatory clarity from US authorities, an analyst has suggested that Solana (SOL) could potentially rally above a crucial psychological barrier for the first time in a month. Related Reading: BNB Chain Momentum Grows As Total RWA Value Hits $3B Clear Skies Ahead For Solana Over the past week, Solana has had a remarkable performance, jumping 22% from March lows and breaking out of its multi-week consolidation range. The cryptocurrency has been hovering between the $77 and $92 levels over the past month and a half, failing to break above the upper zone of this range despite multiple attempts. Following the recent crypto market bounce, the altcoin reached a one-month high of $97 at the start of the week, before dropping to $90 on Wednesday. Amid this performance, analyst Ali Martinez reported that SOL recently flashed a key bullish signal for the first time since January, suggesting a relief rally could be ahead. As he explained, the SuperTrend indica