#SolanaStrong #SOLUpdate $SOL
Here's the latest update on Solana:
*Current Price*: Solana's current price is $159.16, with a 4.9% increase in the last 24 hours, according to some sources. However, other sources report a decline of 1.9% to 4.37% in the same period, with prices ranging from $149.62 to $160.08.
*Market Cap*: Solana's market capitalization is around $83.23 billion, with some sources citing a market cap of $744.13 billion to $781.99 billion in Bitcoin terms.
*Recent News*:
- *Solana ETF*: Canada is set to launch a spot Solana ETF, with regulatory authorities approving several issuers, including Purpose, Evolve, CI, and 3iQ.
- *DEX Trading Volume*: $SOL decentralized exchange (DEX) trading volume has surpassed Ethereum's, reaching $2.509 billion in the past 24 hours.
- *Staking Market Cap*: Solana's staking market cap has briefly surpassed Ethereum's, reaching $53.96 billion.
- *Network Update*: Solana has increased its block size to enhance network throughput ¹ ².
*Other Updates*:
- *Solana Holdings*: Janover Inc. has increased its Solana holdings to $9.6 million.
- *SOL/ETH Exchange Rate*: The Solana to Ethereum exchange rate has surged past 0.086, marking an 85% increase year-over-year ¹ ².
