SOL news update: Solana treasury building activates rally toward $240

Key Points

1. SOL faces profit-booking near $209 but remains bullish as long as it stays above $185.

2. DeFi Development Corp acquired 141,383 SOL, increasing its treasury to 999,999 SOL, boosting market confidence.

3. The REX-Osprey Solana ETF surpassed $100 million in assets under management within 12 trading days of its launch.

4. A rebound from $185 could lead to a surge toward $240, with resistance at $220 and critical support at $185.

5. A break below $185 could signal a deeper correction, while a break above $209 may resume the uptrend.