Solana's on-chain governance activation and growing adoption metrics signal strengthening fundamentals that will drive price recovery toward $120
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
Solana's activation of on-chain governance combined with growing adoption metrics are being positioned as signals of strengthening fundamentals that could drive price recovery toward $120, with institutional custody expansion cited as supporting evidence.
Governance activation and custody expansion represent infrastructure maturation that reduces friction for institutional participation; when these elements align with adoption growth, they typically expand the addressable market for capital and reduce perceived regulatory or operational risk.
"Charles Schwab said Thursday it plans to offer Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) trading for clients in the coming months. The move expands Schwab Crypto offerings beyond Bitcoin and Ethereum."
"Solana just activated on chain governance for the first time, SOL rallied 16% in one week, and the Solana price prediction for July now targets $120. The momentum is real... Active addresses approach 7 million and real world asset value locked hit $3.4 billion."