Solana Price Targets $300 as CMB Fund Tokenization Sparks Cup-and-Handle Breakout

The current Solana price is trading at $207 and has experienced a 5% growth in the past 24 hours, which means a strong market momentum. This move comes while the asset is in a bullish cup-and-handle breakout, which has been associated with long rallies. The breakout has renewed optimism among traders, who now aim for higher resistance levels. Besides, the sentiment has been boosted by the increased institutional interest.