Solana is showing resilience as it holds steady around the $193 support level. This upward trend has potential for further price retractions to around $213 before a potential bullish breakout above the $232 resistance. The cryptocurrency’s price action reflects a positive outlook, with traders closely monitoring these critical levels and potentially entering long positions if prices retrace to around $213. Here’s a closer look at the factors fueling Solana’s recent surge:** A recent announcement by AiRWA secured $30 million in SOL for its exchange, integrating Solana as a core trading asset. This move highlights the increasing appeal of Solana for mainstream adoption and potential for wider financial applications. Meanwhile, the Solana treasury has announced a special dividend distribution to shareholders in the form of tradable warrants, which will raise up to $73.5 million to support Solana’s blockchain strategies. This surge in positive sentiment indicates continued interest in Solana as it continues to grow its presence across various financial sectors, making it an exciting player in the cryptocurrency landscape.