SOL Token Surges 3% as Binance Soft Staking, NFT Growth, and ETF Talks Drive $10B Volume

Solana (SOL) has experienced a notable price increase in the last 24 hours, rising by 3.09% to $181.95 on Binance. This upward movement is primarily attributed to heightened activity in Solana’s NFT, DeFi, and gaming sectors, as well as positive sentiment following the introduction of Soft Staking for SOL on Binance, which allows users to earn daily rewards with full liquidity. Additional market optimism stems from discussions around a potential Solana ETF with staking features and the network’s recent breakout from a long-term technical pattern.

Currently, SOLUSDT is trading at $181.95 with a 24-hour opening price of $176.50. The trading volume remains robust, with recent figures showing over $10.4 billion in 24-hour volume and a market capitalization near $97.38 billion, reflecting strong market interest and liquidity.