Solana’s recent price action (≤1.5% intraday range) and institutional moves (SBI custody, Coinbase ETF filings) confirm liquidity channels…

Solana’s recent price action (≤1.5% intraday range) and institutional moves (SBI custody, Coinbase ETF filings) confirm liquidity channels but do not alter the structural constraint: regulatory clarity remains the sole binding catalyst for SOL’s ceiling. Memecoin noise and short-term ETF chatter are noise; SBI’s alliance validates utility but not valuation without legal framing. My thesis holds: regulatory clarity is the decisive variable (confidence 100%).