
A rare technical setup in Solana (CRYPTO: SOL) is drawing attention from traders and analysts, with market conditions aligning in ways that could strengthen the case for a new wave of treasury adoption.
What Happened: The pattern, which in past instances preceded steep declines, this time failed to trigger downside follow-through, holding key uptrend support and sparking speculation over whether Solana could be next in line for institutional treasury allocations, according to a new 10x Research report.