#SolanaSurge

— Solana (SOL) is gaining strong momentum, rising over 20% in the past week and trading near $130. This surge signals renewed investor confidence following recent volatility. Key drivers include a spike in on-chain activity, with Solana outperforming Ethereum in weekly DEX volume—highlighting its growing dominance in DeFi and NFTs. The network’s low fees and high-speed transactions continue to attract users and developers alike.

Notably, the approval of spot Solana ETFs in Canada has added a layer of legitimacy, potentially opening doors to greater institutional involvement. Technically, SOL has broken resistance levels and is forming bullish patterns, with analysts predicting further upside. While network stability concerns persist, the current momentum, combined with ecosystem growth, positions Solana as a formidable player in the evolving crypto market. Staying informed and watching key developments will be essential for investors navigating this surge.