($SOL ) is trading around $180, buoyed by increased institutional investment and a surge in network activity. DeFi Development Corp recently acquired 172,670 $SOL , worth approximately $23.6 million, signaling growing institutional confidence . Additionally, the number of Solana wallets has surpassed 11 million, reflecting heightened user engagement . Despite these positive indicators, the U.S. Securities and Exchange Commission has postponed its decision on a Solana ETF to October 15, 2025, introducing some regulatory uncertainty .
