Solana (SOL) is currently on a significant uptrend, with its price recently climbing to around $154.25, a two-week high. This surge is fueled by increased institutional investments and a favorable technical outlook.

Technical analysis indicates that Solana’s price is forming a triangular consolidation pattern, which could suggest a continuation of the broader uptrend if a breakout happens. Additionally, SOL has moved past key moving averages, signaling a shift in market sentiment from bearish to bullish.