Solana Price Eyes $200 As Superstate Unveils ‘Opening Bell’ Platform
The post Solana Price Eyes $200 As Superstate Unveils ‘Opening Bell’ Platform appeared on BitcoinEthereumNews.com.
The Solana price touched $160 on the day, following the Bitcoin price rally above the psychological $100,000 level. Now, crypto analyst Crypto Zeinab predicts that the altcoin could sustain its bullish momentum and rally to as high as $200. This bullish outlook for SOL comes amid Superstate’s plan to launch the Opening Bell platform for stock issuance on the Solana network. Solana Price Eyes Rally To $200 In an X post, Crypto Zeinab stated that SOL is forming an inverse head-and-shoulders pattern on the higher time frame. The analyst further remarked that SOL will face a breakout point at the $160 price level, which could lead to a rally to $180 and $200 next. The SOL price has surged to the $160 level today, following the Bitcoin price rally to the $100,000 level following Donald Trump’s announcement of the US-UK trade deal. Meanwhile, Zeinab’s bullish prediction comes amid Superstate’s announcement of the Opening Bell platform on the Solana network. The platform will enable companies to issue publicly registered equity directly onto blockchain networks like Solana. According to Superstate, the platform is built on the same infrastructure that powers its tokenized funds, USTB and USCC. The Opening Bell platform aims to enable 24/7 stock trading, ensuring accessibility for investors. The firm explained that its SEC-registered, blockchain-enabled transfer agent will record and tokenize company shares. These shares will be actual company shares and not wrapped tokens. This move will boost SOL’s adoption and possibly provide a huge boost for the Solana price. Interestingly, this development comes just as crypto exchange Robinhood considers the Solana network for its plan to offer tokenized US stocks to its EU users. Meanwhile, the US SEC is also considering a proposal to allow companies to engage in tokenization by issuing and trading securities using blockchain technology. SOL…
Filed under: News - @ May 9, 2025 6:29 am