SOL Token Surges 4% as Network Activity Hits 20-Week High and ETF Optimism Grows
Solana (SOL) is trading at $149.53 on Binance, up 4.13% over the past 24 hours from a 24h open of $143.60, with a 24-hour trading volume of approximately $2.78 billion and a market capitalization near $80.1 billion. The recent price increase is attributed to a surge in network activity, with Solana processing 111.2 million transactions in a single day—the highest in 20 weeks—and the growing adoption of the Firedancer validator client, which now accounts for 8.6% of Solana’s staking share. Additionally, Solana’s position as the second-largest blockchain by decentralized exchange trading volume ($64.1 billion in the past 30 days) and the launch of micro futures contracts on Robinhood have contributed to heightened investor interest. Market optimism is further supported by ongoing applications for a spot Solana ETF, with industry analysts estimating a high likelihood of approval in 2025, which has reinforced positive sentiment despite recent monthly volatility.
Crypto Bubbles Are Green Altcoin Party Is ON!
The markets are lighting up today, with PENGU (+18.9%), JTO (+13.1%), BONK (+8.6%), JUP (+8.2%), and SYRUP (+5.7%) leading the charge. Momentum is clearly shifting back to the altcoin space meme coins, DeFi tokens, and infrastructure projects are all showing strength.
Key Gainers to Watch:
• $PENGU : Exploding on volume
• $JTO : Strong DeFi breakout
• $BONK : Meme momentum alive
• $JUP & $SYRUP: DeFi bulls back in action
Is this the start of an altseason spark or just a midweek surge?
#BinanceTrading
#Altcoins
#CryptoBubbles
#PENGU
#Web3
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{spot}(JTOUSDT)
{spot}(PENGUUSDT)
SAHARA Token Surges 21.69% After Major Exchange Listings, $800M Volume, and Perpetual Launch
SAHARAUSDT experienced a notable 21.69% price increase in the last 24 hours, rising from 0.08759 to 0.10659 on Binance. This price change is primarily attributed to heightened trading activity following its recent listings on major exchanges, including Binance, and the launch of SAHARA perpetual contracts with up to 75x leverage. The ongoing airdrop to BNB holders and significant trading volumes, exceeding $800 million across platforms, have contributed to increased market participation and volatility. The initial post-listing selloff, driven by profit-taking from airdrop recipients and short-term holders, appears to have stabilized, with the token finding support and rebounding from recent lows.
Currently, SAHARA is trading at 0.10659 with strong liquidity and high trading volume, reflecting continued interest and active price discovery following its high-profile debut and broad exchange adoption.
According to FT, South Korean President Lee Jae-myung's support for won-pegged stablecoin policies has sparked a market frenzy. Related stocks such as Kakao Pay, LG CNS, Aton, and ME2ON surged sharply, with the Kospi index up nearly 30% year-to-date, reaching a four-year high. South Korea has become Asia's best-performing market in the first half of 2025.