SOL Token Surges 3% as $600M Institutional Inflows and GUNZ Integration Boost Trading Activity

Solana (SOLUSDT) has experienced a 3.08% price increase over the past 24 hours, rising from a 24h open of $175.48 to a current price of $180.88. This upward movement is primarily attributed to a surge in institutional investment, with publicly traded companies investing nearly $600 million into Solana, and positive sentiment from market analysts highlighting bullish technical patterns. Additionally, the completion of Solana network integration for the GUNZ token on Binance, enabling deposits and withdrawals, has contributed to increased trading activity and confidence in the asset. The 24-hour trading volume remains robust at approximately $5.40–$5.94 billion, with Solana trading between $174 and $183 and a market capitalization of about $97 billion, positioning it as the 6th largest cryptocurrency.