In this video We review the Solana Elliott Wave setup as the price reaches the $110 target level, confirming current upside momentum. Video by More Crypto Online.
Solana (SOL) is currently trading at approximately $106.40, maintaining its dominant multi-day breakout despite a minor 0.84% intraday cooling period.
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Insights Today
1. Charles Schwab Integration Sparking Wall Street FOMO - Traditional finance adoption is accelerating. Yesterday, institutional giant Charles Schwab officially announced it will add Solana (alongside Avalanche and Chainlink) to its retail crypto trading ecosystem in the coming months. The perspective of unlocking access to Schwab's 39.9 million accounts has triggered significant spot buying momentum.
2. Historic Governance Vote Passes "Double Disinflation" - Solana completed its first formal on-chain governance vote today. SGP-0002 (Double Disinflation) passed with 67% support, accelerating the reduction of Solana's yearly inflation rate to hit a tight 1.5% terminal supply ceiling in three years instead of six. This rapid tightening of future token issuance acts as a long-term economic catalyst.
3. Operational Milestone: 300ms Mainnet Slots Go Live - On the infrastructure front, Solana successfully activated 300ms block slots live on mainnet today, down from previous 350ms configurations. This reduction sharpens block processing speed out-of-the-box, providing a major live verification booster for Solana’s high-throughput capability thesis.
4. Sustained Spot ETF & Whale Inflows - Data tracking indicates institutional interest is at a multi-month peak. According to CryptoPotato market data, spot SOL ETFs recorded 8 consecutive days of positive inflows. Network derivatives are backing this up: funding rates remain neutrally balanced, signaling that the move is grounded in actual whale asset accumulation rather than unstable derivatives leverage.
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