SOL Token Surges 2% as $21.6M Inflows and ETF Hopes Drive Strong Market Momentum

Solana (SOLUSDT) has experienced a 2.03% increase over the last 24 hours, trading at $152.88 on Binance, with the price rise attributed primarily to renewed investor optimism following continued inflows into Solana investment products ($21.6 million in the past week) and heightened speculation around a potential spot Solana ETF approval after the SEC requested issuers to amend and resubmit applications. Additional support comes from Solana's leading position in monthly active addresses and network revenue, which has reinforced positive sentiment despite broader market volatility. Currently, Solana maintains robust trading activity with a 24-hour volume between $3.12 billion and $4.81 billion and a market capitalization near $81.9 billion, consolidating its status as the 6th largest cryptocurrency.