The SOL index has risen in price by 5.71% from 131.23 to 138.73 over the past twenty-four hours, indicating momentum.

Institutional Integration: JP Morgan's debt offering on Solana and Bhutan's sovereign gold token project reflect increasing institutional and national adoption.

2 Ecosystem Growth: The integration of Coinbase and wrapped XRP on Layer Zero expands accessibility and decentralized liquidity in

#solana $SOL

3. Supply Pressure: The recent token release from FTXAlameda adds to the circulating supply, while technical indicators suggest the potential for overbought conditions.