Solana's rally looks stronger this time: Two reasons behind SOL's rise to $250
Source: CoinWorld
Time: 2025-09-15 08:10:39
Solana's rise was driven by strong spot demand, with retail investors leading the increase while futures markets remained cautious. Galaxy Digital bought $1.19 billion in Solana this week, boosting institutional investors’ interest. Although the RSI indicator shows Solana is overbought at $247.25, the momentum remains strong, with steady buying pressure and no immediate signs of a reversal.