Solana ($SOL ) just soared over 12%, hitting $203.5 for the first time since February! š
Why the pump? Itās not just hypeāreal developments are pushing this rally. Analysts are eyeing major ecosystem moves, from DeFi expansion to whispers of a potential Solana ETF. Thatās right, ETF speculation strikes again, and this time itās SOLās turn in the spotlight. š
Big plays include:
š§ Jito Labs launching Block Assembly Marketplace (aka BAM) to boost transaction efficiency.
š¦ DeFi Development Corp bagging 141K+ SOL, signaling strong accumulation.
š¼ Growing institutional chatter from names like Kronos Research and Nassar Al Achkar about Solana's role alongside $BTC and $ETH .
Meanwhile, SOL trades at $198.51, with a whopping $12.95B 24h volume and a $106.8B market cap. Thatās serious weight.
š Fun Fact: SOLās jump mirrors price moves seen after Bitcoin and Ethereum ETF buzzāETF optimism might be the new altcoin rocket fuel. š„
--
Agree or think it's just FOMO? Drop your take below! š #Solana #CryptoNews #Altcoins #BinanceSquare #DeFi