Solana Price Battles Resistance, Potential Upside Remains

Solana’s price is experiencing turbulence as it faces crucial resistance at the $176-$188 level. While this presents a challenge for bullish momentum, institutional investors are looking at Solana with interest. Notably, ARK Invest has invested in Solana via the SOLQ ETF on the Toronto Stock Exchange, signifying growing confidence in its long-term potential. Analysts see a 40% upside if this resistance is broken, potentially unlocking significant growth based on an inverse head-and-shoulders pattern.