#SolanaSurge
Latest News on Solana (SOL) Surge – April 2025
Solana (SOL) has surged over 40% in the past week, reaching $131.04, fueled by bullish sentiment around potential ETF approvals and strong on-chain activity . The launch of Canada’s first Solana spot ETF (CSOL) drove $270 million in staking deposits, reducing circulating supply and boosting prices . Technical indicators like the MACD bullish crossover and RSI at 55.59 suggest further upside, with resistance at $147 and a potential target of $265 if momentum holds . Meanwhile, Solana’s Layer 2 project Solaxy raised $30.5M in presale, highlighting ecosystem growth . However, bearish divergences warn of possible corrections if SOL fails to hold $130 support .
