Solana’s Momentum Soars: Institutional Backing Fuels Bullish Run

Solana (SOL) is experiencing a surge in price, driven by both institutional interest and retail trader enthusiasm. The catalyst? The launch of Canada’s first spot Solana ETFs, opening doors for regulated exposure to the asset class. These ETFs, introduced by firms like 3iQ, Purpose, Evolve, and CI, offer staking options, allowing investors to earn passive income while holding SOL. This move marks a significant step in institutional adoption of Solana, confirming growing confidence from financial entities beyond speculation.