Solana rises 6% to $106 after Fed rate hike shock
- —SOL rose nearly 6% in 24 hours and trades near $106
- —Drop to $96 gave way to a rebound above $100 within 48 hours
- —Galaxy curates two lending vaults on Kamino in USDC and USDT
- —RSI at 57, a break above $110 opens the $130 target
Why it matters: Solana's rise depends on institutional inflows and regulatory clarity; a break above $110 would confirm the bullish scenario, while a drop below the 200-day EMA would revive the risk of $90.
Source: Invezz