Key facts: Rising institutional interest in Solana; W bottom pattern noted
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- Institutional interest in Solana (SOLUSD) is rising, with firms like Bit Mining and Upexi holding over 3.5 million SOL, worth over $591 million. 2025 may be crucial for Solana.1
- Trader John Bollinger notes that Solana (SOL) is forming a W bottom pattern, with two lows and a peak, indicating strong buyer interest due to higher trading volume.2