Some TradFi giants have started to embrace SOL, and this is no small matter. Once institutional funds enter the market on a large scale, the impact on price will be tangible. After the news broke, SOL rose significantly, and market confidence has clearly improved. Some say it might first break through the $200 mark. This price level is both a psychological barrier and a technical resistance level; if it breaks through, it will open up upward space. There are even more optimistic predictions of a range between $320 and $500. It sounds a bit exaggerated, but considering its fundamentals are indeed improving, this target is not entirely impossible.

Bitcoin and Ethereum have stopped their decline. With the interest rate cut and the halt of balance sheet reduction at the end of the month, I believe the market will be more active in the coming months. Therefore, the focus will be on the trend of Bitcoin. If it successfully stabilizes around 115,000, the market will start to rise again. This year, altcoins have been influenced by the leading projects, so it's not that there is no altcoin season, but that certain leading projects in specific sectors have altcoin seasons. This requires research into which are the top projects and targets.