Solana's treasury building and significant inflows to the Solana staking ETF signal rising demand and a potential price rally towards $240. After achieving resistance at $209, SOL is currently facing profit-taking but remains bullish as long as it stays above $185. DeFi Development Corp announced the acquisition of 141,383 SOL tokens, indicating strong institutional interest, while the SSK ETF has seen robust inflows since its launch on July 2. A rebound from the $185 level could set the stage for a retest of $209 and potentially a surge towards $240, despite upcoming resistances at $220. Conversely, if SOL fails to maintain above the 20-day moving average, it risks deeper corrections towards $170. Market analysts are keenly watching these support levels and institutional activity to gauge future price movements.

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