#SolanaSurge Solana (SOL) is experiencing a significant surge in April 2025, driven by a combination of institutional interest, on-chain activity, and market sentiment.

🚀 Key Drivers Behind the #SolanaSurge

1. Launch of the First Solana Spot ETFs in Canada

On April 16, Canadian asset managers, including Purpose Investments, Evolve, CI Global, and 3iQ, launched the world's first spot Solana ETFs on the Toronto Stock Exchange. These ETFs hold actual SOL tokens and offer staking rewards with projected annual returns of 6–8%, providing investors with direct exposure to SOL without the complexities of self-custody or wallet management.