SOL Token Surges 4.56% as Trading Volume Soars 119% Amid ETF Buzz and Wallet Growth

Solana (SOLUSDT) has recorded a 4.56% price increase over the past 24 hours, rising from an opening price of 157.71 to 164.90 on Binance. This positive movement is attributed to heightened trading activity, with a notable surge in trading volume—up as much as 119.30% on some platforms—likely driven by increased market engagement following Binance Earn’s Soft Staking promotion and the integration of WalletConnect Token (WCT) on the Solana network. Additional factors influencing sentiment include ongoing discussions about potential ETF approval, a record high in wallet addresses holding at least 0.1 SOL, and strong retail participation despite recent outflows. The current market capitalization is estimated between $84.47 billion and $88.59 billion, with a circulating supply of approximately 536–540 million SOL, positioning Solana among the top cryptocurrencies by market value.