Multicoin Moves $680M on-Chain to Boost Solana Price Momentum: SOL Eyes $261

TLDR: Multicoin and partners raised $680M on-chain to acquire Solana, signaling strong institutional interest. Solana price hits $234.66, rising 15% over the past week amid high trading activity. Technical indicators show SOL near resistance with a rising wedge pattern forming on 1D chart. Daily close above $234 with volume could push Solana toward $261 in [...]

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