SOL Token Surges 12% as Institutional Inflows, ETF Launches, and TVL Hit Three-Year High

Solana (SOLUSDT) has surged by 12.19% over the past 24 hours, with the price rising from 176.60 to 198.12 on Binance, driven by increased institutional interest, ETF launches, and heightened trading activity. Key factors contributing to this price movement include the integration of ChainGPT (CGPT) with the Solana network, a $2M liquidity provision, and notable institutional inflows totaling approximately $137M since mid-July. Additional support comes from Solana reaching a three-year high in Total Value Locked (TVL) and the approval of new ETF products, which have attracted further capital and market attention. Trading volume has exceeded $10 billion, and Solana’s market capitalization stands at approximately $106.98 billion, reflecting strong investor engagement and positioning Solana as the sixth-largest cryptocurrency by market cap.