The Solana Foundation is enhancing network decentralization by revising its validator delegation program. Solana (SOL) has seen a strong price rally, trading at ₹12,367.85 with a 0.33% increase, driven by a 25% rise in Total Value Locked and a 90% surge in DEX volumes. Institutional interest is growing, with Upexi Inc. investing $100M, Janover doubling its SOL holdings to $21.2M, and SOL Strategies launching a $500M note to acquire Solana. Ecosystem advancements include Saros’ DeFi upgrade, Solana Pay’s Shopify integration, and a DeFi sector boom with $13B in stablecoins. Canadian Solana ETFs launched, but U.S. approvals are pending. Solana leads in DEX activity, surpassing Ethereum, though analysts warn of potential price corrections due to Ethereum’s inflow surge and Solana’s high staking ratio. Solana’s scalability could support 1M transactions per second, positioning it for future growth despite market volatility. $SOL #solana #Binance
