#SolanaSurge Sure! Here’s a polished and rephrased version of your text:
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Solana (SOL) has been making headlines in the crypto market, posting an impressive surge in both price and activity. Over the past week, SOL has rallied more than 20%, hovering around the $130 mark and drawing attention from both retail traders and institutional investors. This strong rebound comes after a stretch of volatility and bearish sentiment, hinting at a potential momentum shift.
A few key factors are fueling this upswing. On-chain data shows rising network activity, with Solana even surpassing Ethereum in weekly decentralized exchange (DEX) volume. Thanks to its high-speed transactions and low fees, Solana continues to attract DeFi, NFT, and Web3 developers alike. Additionally, the recent approval of spot Solana ETFs in Canada has strengthened investor confidence and could open doors for broader institutional participation.
From a technical standpoint, SOL has broken through critical resistance levels, especially in its ETH pairings, and analysts are spotting bullish chart patterns that suggest further upside potential. Despite lingering concerns over network stability, Solana’s current momentum — combined with growing ecosystem developments — positions it as a major player to watch in the crypto landscape.
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