SOL Surges 2.75% as Institutional Inflows, ETF Demand, and Staking Push Price Toward $200

Solana (SOL) is trading at $178.50 with a 24-hour price increase of 2.75% and a trading volume of approximately $2.98 billion, maintaining a strong position in the top 10 cryptocurrencies by market capitalization. The recent price uptick is attributed to growing institutional investment flows into Solana, as highlighted by significant ETF inflows and increasing market confidence, as well as the introduction of new staking products such as Binance’s BNSOL Super Stake offering up to 12.9% APR. Additional momentum is supported by robust on-chain activity, a rebound in Solana’s DeFi and NFT ecosystems, and positive technical indicators, with analysts setting short-term targets near $200–$210. These factors collectively underpin the observed price movement and sustained market interest in Solana.