Solana (SOL) token has seen some positive developments recently that are worth paying attention to:
1⃣ Ecosystem Growth and Technical Upgrades: The transaction volume and active addresses on the Solana network continue to increase, especially in the DeFi and NFT sectors. The Seeker phone launched by Solana Mobile has begun shipping to over 50 countries, with pre-orders far exceeding the first-generation device, showcasing its potential in the Web3 mobile space.
2⃣ Increased Institutional Investment: Several institutions and listed companies (such as DeFi Development Corp) have been continuously increasing their holdings of SOL, with some companies treating it as a reserve asset and even planning to participate in staking to earn rewards, thereby boosting market confidence.
3⃣ Market Performance: The price of SOL has been fluctuating in the range of $170-175 recently, rising about 5-12% over the past week, and rebounding to key support levels in the short term, indicating a certain level of market resilience.
4⃣ Collaboration and Application Expansion: Solana has partnered with payment giants like Visa to support USDC settlements, expanding its real-world application scenarios. In addition, memecoins and new DeFi platforms (such as Jupiter Lend) within the Solana ecosystem are performing actively, attracting more users and funds.
