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Solana surged 11% to $112 on Thursday, reaching its highest level since January, with BSOL trading volume hitting $85 million.
Solana rose about 11% to $112 on Thursday, reaching its highest level since January this year. The Bitwise Solana Staking ETF (BSOL) has seen trading volume reach approximately $85 million. This surge was driven by active ETF trading, a massive short squeeze, and increased institutional adoption. The Solana Foundation recently announced "Project Harmony," which connects Solana with Allfunds, the world's largest fund distribution network, and disclosed that its Real World Asset (RWA) value has exceeded $4 billion.
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