SOL Surges 5.7% as Firedancer Upgrade, Nasdaq ETF Filing, and Record Wallets Drive Momentum

Solana (SOL) experienced a 5.69% price increase over the past 24 hours, rising from a 24h open of $150.66 to $159.24 on Binance. This upward movement is primarily attributed to technical factors, including a bullish reversal from a key support level and sustained higher lows, as well as positive sentiment driven by anticipation of the Firedancer network upgrade and growing retail participation, evidenced by a record number of wallets holding SOL. Additional momentum was provided by Nasdaq’s filing to include SOL in its crypto index ETF and increased attention on Solana-based meme coins. Solana currently trades at $159.24 with a 24-hour volume of $3.76 billion and a market capitalization of $84.18 billion, maintaining its position as a leading Layer-1 blockchain with strong ecosystem activity and user growth.