#SolanaSurge Solana (SOL) experienced a significant surge in 2025, driven by several key factors that strengthened its position in the crypto market.
On April 16, 2025, Canada launched the world's first spot Solana ETF, which began trading on the Toronto Stock Exchange (TSX) under the ticker CSOL. This move opened direct access for institutional investors and increased demand for SOL.
Additionally, on-chain data showed a significant increase in Solana staking activity, with over 2 million SOL deposited in the last week, which also pushed the price of SOL beyond the $135 level.
Technical analysis also indicated the potential for SOL's price to rise to $190, reflecting a strong bullish pattern and increasing investor interest.