As of April 18, 2025, the price of Solana (SOL) is approximately $135.15, having risen over 20% in the past week, rebounding from a low of $96 at the beginning of April. This rally is primarily driven by Canada's launch of the first Solana spot ETF, which is listed on the Toronto Stock Exchange and has attracted over $200 million in staking funds, boosting market confidence in Solana.

Technical analysis shows that SOL has formed a key support level around $129, and if it can maintain above $130, it may further challenge the $150 mark. However, if it breaks below the $125 support level, it could trigger a larger adjustment.

Overall, Solana has performed strongly recently, benefiting from the ETF launch and improved market sentiment, and is expected to continue rising in the short term, but attention should still be paid to the stability of key support levels.