Solana's recent surge can be attributed to several factors:
- *Institutional Interest*: Canada's approval of the first spot Solana ETFs with staking rewards has attracted significant institutional investment, boosting investor confidence.
- *Technological Advancements*: Solana's integration with Helium for global telecom infrastructure has enhanced its appeal, providing faster and more secure connectivity.
- *Market Sentiment*: Strong bullish sentiment on prediction markets, with 96% of users predicting SOL would rise above $120, has reinforced market confidence.
- *Network Activity*: Increasing network activity, with Solana surpassing Ethereum in weekly decentralized exchange volume, has contributed to its growth.
Current Price: $180
Predicted Target: $190+
