$SOL

The current price of Solana (SOL) is $134.85, with a 0.01% increase. Recently, Solana's price surged due to several factors, including:

- *Technical Factors*: An inverse head and shoulders pattern on the 4-hour chart indicates a potential breakout. SOL's price has reclaimed its 200-4H exponential moving average as support, with steadily building momentum and a favorable relative strength index (RSI).

- *Institutional Adoption*: The launch of spot Solana ETFs in Canada has boosted institutional demand and investor confidence. Four asset managers released spot Solana ETFs on the Toronto Stock Exchange.

- *Growing Demand*: SOL's daily trading volume jumped 41% to $4.64 billion, reinforcing demand-side activity. Growing institutional adoption and network deposits have also contributed to the price surge.

Some analysts predict a rally toward $200 due to the combination of fundamental and technical factors.