Solana Foundation: Hires Ex-Binance CMO
Solana Foundation at $114.8 hires Binance ex-CMO for institutional push as SOL tests $120.19 resistance on 4h chart with neutral RSI.
SourceAnalysis
Solana Foundation appointed Binance's former global CMO to accelerate institutional adoption.
SOL trades at $114.8 inside Bollinger Bands with upper resistance at $120.19 and lower support at $113.07. The bullish structure holds above EMA50 at $111.68 and EMA200 at $100.85 while RSI at 51.78 stays neutral and MACD prints a death cross at 0.92. Institutional inflows from this hire could shift SOL price prediction higher before any crypto market crash tests the 200-EMA floor. AI industry impact on layer-1 throughput adds another catalyst layer for sustained demand.
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