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$SOL Solana has been quite strong this round, doubling from the bottom. Its performance remains steady for a public blockchain, and I think its continued rise this time can be attributed to the following reasons:


① ETFs are continuing to buy
ETFs need to buy SOL in the spot market every day, creating a sustained, measurable source of institutional buying.
② The breakout triggered short covering
When it broke through around 120, reports said that approximately $18 million–$19.5 million worth of SOL short positions were liquidated.
③ The upgrade and tokenized stocks gave institutions a narrative to tell. Solana already has approximately $465 million in tokenized stocks, putting it among the leaders across chains.
④ On-chain activity has not completely died out, and DEX trading volume remains among the highest across chains.
I think the most important factor is that the broader market recovered, which then drove this wave.
I still have certain expectations for Solana in this wave. I think Solana should make a run toward 500 this time. What do you think?
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SOLSOL-1.08%


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Zayric
2026-09-26
the most important factor is that the broader market recovered, which then drove this wave.
I still have certain expectations for Solana in this wave. I think Solana should
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GateUser-ed9e1012
2026-09-26
Hold tight 💪
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gederediasa
2026-09-26
First Review
Nice, SOL. Let’s hold it so we can make a profit later.
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