$SOL

The recent price increase of Solana has indeed attracted attention, especially with the positive sentiment from two major factors: a broader listing on Coinbase and anticipation of a spot ETF in Canada. Typically, news like this can boost investor interest, especially since spot ETFs are often seen as a more serious signal of institutional adoption.

However, after the ETF release, the market often experiences short-term corrections as traders take profits from the previous hype. So, can the rise continue? If the adoption of the Solana ecosystem (such as DeFi, NFTs, and new applications) continues to grow and transaction volumes remain high, there is significant potential to break through even higher levels in the medium term.