SOL Token Surges 2.49% to $150.32 Amid ETF Anticipation and Record Institutional Inflows

Solana (SOL) has experienced a positive price movement in the last 24 hours, with the price rising by 2.49% to $150.32 on Binance. This uptick is primarily attributed to increased bullish sentiment driven by anticipation of a potential spot SOL ETF approval, recent institutional inflows, and record trading volumes in CME futures. The ecosystem’s strong fundamentals, including a $13 billion stablecoin market cap and robust DeFi activity, have further supported investor confidence. Additionally, Solana remains one of the top four blockchains by total value locked, and recent exchange activity, such as notable SOL transfers to Binance, suggests ongoing market engagement. Currently, SOL is trading at $150.32 with a 24-hour volume between $3.79 billion and $5.62 billion, a market cap near $80.1 billion, and a circulating supply of approximately 534.35 million SOL, ranking #6 by market capitalization.