#SolanaSuege has soared to its highest price this month, surpassing the performance of both Bitcoin and Ethereum. This impressive rally was largely fueled by the excitement surrounding Canada’s launch of the first-ever spot Solana ETFs on April 16, 2025. Major asset managers—including Purpose Investments, Evolve, CI Global Asset Management, and 3iQ—debuted these ETFs on the Toronto Stock Exchange, providing direct exposure to SOL along with staking rewards. The news triggered massive investor interest, leading to over $270 million in new staking deposits and pushing SOL’s price above $135. While Coinbase’s ongoing platform improvements may have also contributed, the ETF launch was clearly the main catalyst behind Solana's recent surge.