SOL Surges 4.48% as $40M Institutional Move and Nasdaq Debut Fuel Record DeFi Activity

Solana (SOLUSDT) has seen a 4.48% price increase in the last 24 hours, currently trading at $215.23 on Binance. This upward movement is primarily attributed to strong institutional interest, highlighted by Wintermute's transfer of over $40 million worth of SOL to Binance and the upcoming Nasdaq debut of SOL Strategies, as well as robust network fundamentals including the recent "Alpenglow" upgrade and record DeFi activity. The market remains active, with a 24-hour trading volume of $10.32 billion and a circulating supply of approximately 542 million SOL, reflecting continued positive momentum and heightened investor engagement.