SOL Token Surges 3.81% as Solana Staking ETF Launch Draws $12M Inflows and Record Wallets
Solana (SOLUSDT) experienced notable price volatility in the past 24 hours, with the price rising 3.81% to $152.44 on Binance. The primary drivers of this movement include the recent launch of a Solana staking ETF, which attracted $12 million in inflows on its first day, and increased institutional interest as firms diversify into SOL alongside ETH and BNB. Despite some selling pressure and a brief dip to around $146, strong trading activity and renewed investor focus—highlighted by $27 million in SOL acquisitions and a record number of wallets—have contributed to upward momentum. Currently, Solana maintains a robust trading volume and market capitalization, with the latest 24-hour range between $145.85 and $153.86, reflecting high trader engagement and ongoing market attention.