SOL Token Surges 3.3% as Wallets Hit Record Highs and Ecosystem Growth Fuels Investor Interest

Solana (SOLUSDT) has seen a 3.32% price increase over the past 24 hours, rising from a 24h open of $149.83 to a current Binance price of $154.80, with trading volumes remaining high. The main drivers behind this upward movement include a combination of technical factors—such as the persistence of bullish chart patterns despite recent price pullbacks to the $150 range—and positive sentiment from ongoing ecosystem growth, highlighted by a record 11.6 million wallets holding at least 0.1 SOL and anticipation surrounding the upcoming Solaxy (SOLX) ICO. Additionally, updated emission and burn data are influencing market perceptions of Solana’s tokenomics, contributing to sustained investor interest. No major exchange-specific events were reported impacting SOLUSDT, and recent large-scale wallet transfers appear unrelated to market-moving news. Solana remains ranked #6 by market capitalization, with a circulating supply near 516.2 million SOL and 24-hour trading volume exceeding $2.24 billion, reflecting robust market activity and continued attention from both retail and institutional participants.