#SolanaSurge

Solana (SOL) has experienced a significant surge in April 2025, with its price climbing over 32% in the past week to reach approximately $134.60. This rally is attributed to several factors, including the launch of Canada’s first spot Solana ETFs, which has heightened institutional interest, and a substantial wave of short liquidations that have propelled the price upward. Additionally, Solana has reclaimed dominance in decentralized exchange (DEX) volumes, surpassing Ethereum’s layer-2 solutions, and has seen a 30% increase in deposits on its liquid staking platforms. These developments underscore Solana’s strengthening position in the crypto market.