Solana Memecoin Traders Bid ZEREBRO and PIPPIN: Solana Price Prediction Primes For $230?

Core Insights - Solana is experiencing significant momentum with its price nearing $143 and predictions indicating a potential rise to $230 by early 2026 [1][3] - Institutional interest is growing, highlighted by Franklin Templeton's launch of a Solana ETF, marking a milestone in regulated Solana products [1][4] Institutional Support - Franklin Templeton has introduced a Solana ETF under the ticker SOEZ on NYSE Arca, which includes staking rewards [1] - The launch is supported by a favorable regulatory environment in the U.S., with clearer guidelines from the SEC since early 2025 [4] Market Performance - Two Solana-based tokens, ZEREBRO and PIPPIN, are outperforming the market, with PIPPIN experiencing a 900% rally recently [2][5] - ZEREBRO has shown significant growth, climbing to $0.245, with a market cap exceeding $200 million and daily trading volumes often surpassing $90 million [5] Technical Analysis - Analysts predict that Solana could reach $230 by the end of Q1 2026, supported by strong technical indicators and liquidity in order books [3] - PIPPIN's recent performance has been driven by whale accumulation and high derivatives volume exceeding $3 billion [5] Community Engagement - Community events, including trading contests, are sustaining interest in Solana and its associated tokens [5] - Another AI coin on Solana, also showing momentum, has increased by 18.21% in the last 24 hours and 58.30% over the past week [6]