Here comes Solana , strutting back onto the crypto stage with a swagger, blasting past $228 for the first time since February and adding another 2% to its gains like it’s walking on sunshine.
That’s no solo act. Behind the scenes, corporate wallets are cracking open, and the bucks are rolling in.
Lineup
MOGU, a Chinese fashion powerhouse, just dropped up to $20 million into Bitcoin, Ethereum, and yes, Solana.
Nasdaq-listed Safety Shot threw $5 million into BONK tokens, lighting a fire under Solana’s ecosystem. The charts are cheering too.
A golden cross just strutted onto the scene, a fancy way of saying the short-term moving average leapt above the long-term one. Which is a bullish sign.
Traders love this signal, it’s basically a neon sign shouting, more upside ahead! In just four days, Solana sprinted 14%, yet the RSI sits at a comfy 65, meaning it’s not exhausted yet.
Holding strong at $217, bulls are pumped, while sellers are gearing up around the $240–$250 resistance zone.
Institutional crowds
What makes this story downright fascinating is the new breed of corporate investors treating crypto like a treasury playground.
And it’s not only Bitcoin, no, no. Also, MOGU’s multi-million crypto bet shows this isn’t a niche Western fad, it’s going global.
Safety Shot’s $5M BONK plunge reveals businesses branching beyond plain vanilla Bitcoin, diversifying into the memecoin sector.
Solana sits center stage, proving its muscle as both a tech marvel and an investment darling, paving the way for even bigger institutional crowds.
Momentum
Peeling back the price action layers, Solana is cozied up above $220 , setting the perfect launchpad for another slam dunk leg higher.
If that momentum sticks, top experts say watch for $240 to fall next, and $250 might come knocking again for the first time since January’s glory days.
A confirmed breach below $217 would send traders eyeing a reset near $208, but with volumes swelling faster than prices, speculative money smells opportunity.
This golden cross moment might just be the actual fuse to ignite Solana’s next big jump.
Corporate muscle meets technical oomph, don’t blink, or you’ll miss the next rocket launch
Cryptocurrency and Web3 expert, founder of Kriptoworld
With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
