SOL Token Surges 3.16% as Trading Volume Hits $3.8B Amid ETF Buzz and Record Wallet Growth

SOLUSDT (Solana) has seen a 3.16% price increase over the last 24 hours, rising from an open of 146.95 to 151.60, with trading activity intensifying as 24-hour volume reached up to $3.838 billion. The recent price movement is attributed to heightened trader interest, as evidenced by $27 million in SOL acquisitions, and positive sentiment around potential developments such as a Solana ETF and Moody’s on-chain credit ratings. Additionally, record growth in wallet addresses and ongoing participation in Binance’s Simple Earn and Launchpool events with SOL holdings have contributed to increased market engagement. Despite a short-term downtrend noted earlier in the week, the current uptick reflects renewed optimism and active trading in the Solana market.