Solana’s price surged past $207, rising 5% in a day, driven by a cup and handle pattern that suggests a possible 59% jump to $300. Strong buyer interest is evident in the formation of higher lows and increasing trading volume, with less Solana available for sale contributing to this rally. CMB International’s new fund on Solana’s blockchain is bolstering its role in traditional finance, creating a positive long-term outlook for price growth. 24 hours ago, Solana was trading at $207, showing a 5% increase from previous day’s closing price. A cup and handle pattern indicates an upcoming large price surge as Solana breaks past the key resistance at $188.50, which would represent a significant jump of 59%. The current high buying interest is driven by robust trading volume. Further, the increasing confidence from both traders and long-term investors has fueled this rally, with major players entering the market. This surge in momentum brings Solana’s price targets to previous highs from late 2023, pushing it closer towards a potential $300 mark. Analysts are observing that dips in the market could present opportunities for traders to jump in at support levels while navigating this exciting wave of activity. A key factor driving this bullish sentiment is the arrival of CMB International’s new fund on Solana’s blockchain, which has been tokenized as CMBMINT through a collaboration with DigiFT and OnChain. This connection between traditional finance and blockchain technology, particularly for assets like CMB’s HK–Singapore Mutual Recognition Fund, shows potential for increased investment from institutions, driving up demand for Solana and boosting its price.