#Solana激增 Solana price surge in 2025 mainly due to: 1) Strong fundamentals, high throughput, and low fees attracting DeFi and NFT projects; 2) ETF expectations, with Canada launching a Solana ETF and multiple institutions in the U.S. applying, boosting market confidence; 3) Meme coin trading frenzy, with application revenue skyrocketing by 213%; 4) Institutional accumulation and user growth, with funds flowing from Ethereum to Solana; 5) Technical upgrades, such as a 4% increase in block capacity and optimization of network performance. However, token unlocking and regulatory risks may bring volatility.