SOL Token Surges 4% as Network Activity Hits 16.9M Users and Real-World Asset Growth Soars

Solana (SOLUSDT) has experienced a 4.02% price increase over the past 24 hours, with the current price at $166.25 and a 24-hour open of $159.83, according to Binance data. This upward movement is primarily attributed to heightened investor optimism driven by increased network activity—daily active addresses have reached approximately 16.93 million—and a significant 140.6% year-to-date growth in tokenized real-world assets on the Solana blockchain, now totaling over $418.1 million. Additional momentum comes from positive sentiment surrounding the potential approval of a Spot Solana ETF in the U.S., as well as strong trading activity and institutional interest, particularly following the launch of the REX-Osprey SOL + Staking ETF (SSK).

Currently, Solana maintains robust market metrics with a 24-hour trading volume of $12.24 billion and a market capitalization of $89.21 billion, ranking it as the 6th largest cryptocurrency. The price has fluctuated between $157.60 and $165.09 in the last day, with the most active trading pair being SOL/FDUSD on Binance, reflecting strong liquidity and sustained buying interest.