The number 6 crypto asset Solana (SOL) may be gathering plenty of institutional interest and regulatory tailwinds, but its price performance is telling a more cautious story.

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While fundamentals are hitting new highs, SOL continues to languish below key resistance levels, suggesting a breakout may be further off than some expect.

Institutional Treasuries & Solana ETF Momentum Are Material

Solana’s infrastructure is drawing serious attention. Major firms now hold several millions of SOL tokens on their books, according to Coingecko data , institutional treasuries already control roughly 13.5 million SOL, valued at about US$2.56 billion (2.6 % of circulating supply).

At the same time, regulato

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