#SolanaSurge

Why is Solana(SoL )price up?

#Solana price has surged by 40%over the last 10 days hitting $133 on April 17 from April 7 low of $95. showing a bullish trend ,here is Why ?

# Spot Solana ETF launch -

Canada's first Solana ETF launched on April 16, boosting demand &liquidity ,the ETFs give traditional investors exposure to Sol with staking options .

#International Adoptions-

Real estates Fintech firm Jonover doubles it Solana holdings showing confidence in long term value ,other Institutional players are following suits .

#Incresed Network activity -

Solana saw over $120M in liquidity influx from other block chains like Ethereum & Arbitrum pushing network activity & capital inflows .

#Tech Breakout -

Sol Breakout of a falling wedge pattern targetting $200 the RSI has increased , signalling strong bullish movement .

$SOL TVL Growth -

Solana total value locked (TVL ) increased 12% over the past week reaching $7.08 billions outperforming Tron &Base .

The combination of these factors points to a promising future for Solana ,traders are eying a potential rally towards $200

Do you think Solana rally will continue ?