Binance Traders Bullish on Solana as SOL Targets $200 Post-FOMC

Solana’s SOL token has surged past $150 following the Federal Open Market Committee’s (FOMC) decision to hold interest rates steady, sparking renewed optimism in the cryptocurrency markets. With key resistance levels being tested, traders are now eyeing a potential rally toward $200. Data from Binance reveals a strong bullish sentiment, with a long-to-short ratio of 1.69 and nearly 63% of all SOL positions betting on further gains.

Solana Price Eyes $200 as Bulls Charge Post-FOMC Decision

Solana’s SOL surged past $150 after the Federal Open Market Committee held interest rates steady, injecting fresh Optimism into crypto markets. The token now tests key resistance levels as traders position for a potential rally toward $200.

Derivatives data reveals overwhelming bullish sentiment, with Binance traders maintaining a 1.69 long-to-short ratio. Nearly 63% of all SOL positions on the exchange now bet on further upside. ’The market’s pricing in a breakout,’ says one analyst, pointing to growing institutional interest in high-performance blockchains.

Ethereum Surges Past $2,600 as Bullish Signals Emerge

Ethereum’s price rally above $2,600 this week has ignited optimism across the crypto market. The sustained hold above the realized price level of $1,900—a rare technical signal—combined with the Petra upgrade, paints a compelling bullish narrative.

Exchange data reveals profitable ETH outflows from Binance, underscoring growing investor confidence. Analysts point to increasing scarcity and technical momentum, with one projecting a long-term target of $5,791.