After the sharp development experienced by the crypto market in March, Solana (#sol ) has entered a remarkable recovery path. Solana has gained 36 percent since the cryptocurrency of the blockchain bottomed.
$SOL has shown a 5.85 percent recovery in the last 24 news details, reaching $ 132. This recovery is not only due to technical indicators, but also to fundamental growth in the Solana ecosystem. Now the question on whose mind is this: How permanent will the upward trend in SOL be?
March 2025 was quite a turbulent past for the cryptocurrency market. During the month, Bitcoin, Ethereum and many major altcoins experienced serious losses. This decline was not only due to technical levels; economic global, geopolitical tensions and investor psychology played an important role in this process. One of the main triggers of the correction in crypto was the new customs duties announced by US President Donald Trump on April 2, 2025.
Trump has reinstated aggressive trade policies towards many countries, especially China: An additional 104 percent tax has been imposed on China. The tariffs on countries such as the European Union, Japan, and Turkey are between 10 percent and 30 percent, and the tariffs are between 10 percent and 30 percent. These statements have created concerns about a trade war on a global scale. However, this severe price pressure did not last long. On April 9, 2025, Trump announced that he would postpone new customs duties for the entire world, except for China, for 90 days. This statement was perceived as a positive development by global markets and triggered a rapid recovery in assets.
The Solana ecosystem shines
Solana's ecosystem has emerged as the cornerstone of the recovery. The Total Value Locked (TVL) news summary on the network reached 6.9 billion, leaving behind competitors such as Tron and Base. Protocols such as Jupiter, Jito, and Sanctum saw increases in commercial deposits of 20 percent to 30 percent, respectively.
However, Solana's volume on decentralized exchanges has increased by 16 percent in the last seven days, reaching 15.8 billion. This value has exceeded the total of all Ethereum's Layer-2 solutions by 50 percent. In particular, the 44 percent volume increase on platforms such as Pump.fun shows that short-term investor interest is intensifying.
Solana ETF divorce is imminent
Analysts predict that a Solana spot exchange-traded fund (ETF) divorce will be highly likely in the US in 2025. This expectation is supported by Grayscale's filing with the SEC and similar initiatives by other major assets (VanEck, Bitwise, 21Shares). Bloomberg ETF analyst James Seyffart considers the SEC's acceptance of Grayscale's Solana ETF transactions a significant change in attitude. Pantera Capital analysts, on the other hand, state that Solana is one of the strongest candidates to acquire their ETFs. In addition, ETF Store President Nate Geraci suggests that Solana ETFs could receive approval by the end of 2025.
The value of Solana blockchain cryptocurrency SOL has increased by about 17 percent in the last week, making investors happy. SOL, which has a market value of around 68 billion, was changing hands at $ 133 according to news records.
