Solana Coin Bullish Bet Exceeds $2 Billion, Is $200 SOL Near?

Solana coin: SOL, the native token of the Solana ecosystem picked up recovery momentum in late February as the broader market turned aggressively bullish. The massive inflow into Spot ETF bolstered the Bitcoin rally and consecutively accelerated the altcoin market. Thus, the Solana price rose for three consecutive days and gave a decisive breakout from the bullish reversal pattern.