This jump in the SOL price comes after Galaxy Digital scooped up another $306 million on Coinbase and Binance, taking its buying past $1.55 billion in the past five days. Solana Price Supported by Strong Growth in Network ActivityIn addition to institutional buying, Solana’s on-chain data shows a healthy and growing network. Solana Price: Technical Overview Shows Positive SignsTechnically, Solana remains in a bullish position. SOLUSDT Analysis Source: TradingviewThe Solana price is trading at close to a technical resistance level just below $250. Overall, these technical signs suggest a cautiously optimistic scenario for the SOL price with room to rally higher.