SOL Ignites: Meme Mania & ETF Frenzy Fuel 86% Price Explosion

Solana rockets past lethargic majors as retail and institutional forces collide.

Meme coins and ETF demand create perfect storm

The 'Ethereum killer' narrative gets fresh ammunition as SOL outperforms with meme coin trading volumes hitting absurd levels. Meanwhile, Wall Street's new crypto ETFs—always late to the party—dump nine-figure inflows into the ecosystem.

86% surge leaves BTC maximalists sweating

While Bitcoin trudges along like a boomer bond, SOL's vertical climb exposes the dirty secret of crypto: fundamentals matter less than hype cycles and leveraged gamblers. The network's actual tech improvements? Icing on the speculative cake.

Watch the $SOL chart—when this rocket runs out of meme fuel, the re-entry burns could be brutal.

SOL price technical analysis

The daily chart shows that the price has been in a bull run, and most recently, it jumped above the upper side of the symmetrical triangle pattern. 

The Solana price is also poised to form a golden cross, as the gap between the 50-day and 200-day moving averages narrows. A golden cross is one of the most bullish continuation patterns in technical analysis. 

The Relative Strength Index and the MACD indicators are all pointing upwards. Therefore, the token will likely continue rising as bulls target the key resistance at $200.