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Solana has been continuously positive recently. On one hand, the well-known social platform X has started directly integrating the SOL chain, and on the other hand, Morgan Stanley is also applying for a spot ETF for Bitcoin and Solana. From on-chain activities, the situation is even more interesting — yesterday, a whale withdrew 80,000 SOL from Binance in one go five hours ago, which was roughly $10.87 million at the market rate at that time.
Honestly, now looking at SOL, whether from a technical, capital, or news perspective, it is full of positive signals. If Bitcoin rebounds to 98,000, then a rebound of SOL to around 200 should not be a problem. The combination of technical and capital factors, along with these solid ecosystem developments, makes the logic quite clear.