#XRPETF #SolanaSurge 📈 #SolanaSurge: Strong rise in the price of Solana (SOL) during April 2025! 

The Solana (SOL) currency witnessed a noticeable increase in its value over the past week, recording a 20% rise, surpassing the $130 barrier after being at $96 previously. 

Reasons for this rise:

• Launch of the first Exchange-Traded Fund (ETF) for Solana in Canada: The first spot ETF for Solana was launched on the Toronto Stock Exchange, attracting new investments worth $270 million in staking operations, thus reducing the circulating supply and increasing confidence among investors. 

• Increased interest from institutional investors: 71% of traders on the Binance platform expressed their expectations of a bullish breakout in the price of Solana, reflecting an increase in confidence and institutional interest in the currency. 

• Increased activity from large investors (whales): Data indicates that large investors purchased significant amounts of SOL during the consolidation period between $125 and $130, demonstrating their confidence in the price recovery. 

Price forecasts:

Analysts expect the price of Solana to reach $138.21 by April 21, 2025, with the potential to reach $145 if the upward momentum continues. 

The bullish candlestick pattern on the weekly charts indicates that Solana may target a re-test of its previous high of $294. 

📊 Do you think #Solana will continue this momentum?