#BinanceAlphaAlert #SolanaSurge 📈 #SolanaSurge: Strong rise in the price of Solana (SOL) during April 2025! 

The Solana (SOL) cryptocurrency witnessed a significant increase in its value over the past week, recording a 20% increase, surpassing the $130 mark after previously being at $96. 

Reasons for this rise:

• Launch of the first Exchange-Traded Fund (ETF) for Solana in Canada: The first spot Exchange-Traded Fund (ETF) for Solana was launched on the Toronto Stock Exchange, attracting new investments totaling $270 million in staking operations, thereby reducing the circulating supply and increasing confidence among investors. 

• Increasing interest from institutional investors: 71% of traders on the Binance platform expressed their expectations of a bullish breakout in the price of Solana, reflecting an increase in confidence and institutional interest in the currency. 

• Increased activity from large investors (whales): Data indicates that large investors have been purchasing significant amounts of SOL during the consolidation period between $125 and $130, demonstrating their confidence in the price recovery. 

Price predictions:

Analysts expect the price of Solana to reach $138.21 by April 21, 2025, with the potential to reach $145 if the upward momentum continues. 

The bullish candlestick pattern in the weekly charts suggests that Solana may aim to retest its previous high of $294. 

📊 Do you think #Solana will continue this momentum?