#BinanceLeadsQ1

🚨📣 : Solana (SOL) reached its highest price in April, reaching $136, according to CoinGecko data.

- This surge comes after the launch of the first Canadian-based Solana spot ETFs, which feature a speculative trading function.

- The funds offer investors a return earned by issuers staking SOL to support the Solana blockchain.

- Solana spot ETFs have yet to be approved in the US, but companies like VanEck, 21Shares, and Bitwise have applied.

- Coinbase has upgraded its infrastructure, enabling faster and more reliable transactions for the asset.

- Coinbase has faced criticism regarding delays in Solana transactions, but has emphasized the need to expand its infrastructure and provide native support for popular use cases like DEX/meme token trading.