Solana price forecast: SOL targets $100 breakout as governance vote opens and ETF inflows return

BitcoinWorld Solana price forecast: SOL targets $100 breakout as governance vote opens and ETF inflows return Solana’s SOL token is approaching a critical resistance level near $100 as on-chain governance voting begins and spot Solana ETF inflows resume, signaling renewed institutional interest as of March 2025.

Governance vote and network activity Solana’s governance mechanism is now active with a new proposal aimed at improving network efficiency.

This vote comes at a time when network activity remains elevated, with daily active addresses and transaction volumes consistently above historical averages.

The governance process allows SOL holders to participate in protocol decisions, which often boosts community engagement and can influence market sentiment.