SOL Surges 3.81% as $1.65B Institutional Investment and ETF Optimism Drive Trading Activity

Solana (SOL) has experienced a 3.81% price increase in the last 24 hours, currently trading at $218.95 on Binance. This upward movement is primarily attributed to heightened institutional interest following Forward Industries Inc.'s $1.65 billion private placement and growing optimism around potential SEC approval of Solana ETFs, which has fueled market momentum and increased trading activity. The market remains highly active, with robust 24-hour trading volumes and a market capitalization near $118.6 billion, reflecting strong investor engagement and short-term volatility.