Bitcoin may have broken $80,000, but Solana is stealing the spotlight. SOL, the blockchain’s native token, climbed more than 23% over the past week, with much of that gain coming in the past 24 hours. The token recently crossed $100 for the first time since February and now trades at $107, according to crypto analytics platform CoinGecko.
Solana’s price surge coincided with record-breaking trading volume in Solana exchange-traded funds. On Tuesday, Solana reported that its ETF cumulative inflows hit a record $1.2 billion, with nearly $34 million coming in on Monday alone. It marked the biggest single day so far this year, capping five straight days of inflows.
