Solana's price saw an increase of 1%, challenging the monthly resistance line at $160, indicating a bullish trend. This upward movement is supported by the growing Total Value Locked (TVL) in Solana’s ecosystem, showcasing increasing user confidence and engagement.
Further excitement is generated by Grayscale’s filing for a multi-crypto ETF. Analysts propose strategic buying opportunities to capitalize on Solana’s potential to reach a new all-time high (ATH) of $1000, encouraging investors to plan their entry points accordingly.
