Tuesday, 15 Apr 2025

Solana-News: Over 11 million wallets now contain Sol-Course of $ 200 in sight?

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24 Mar 2025 06:22
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3 minutes reading



  • More than 11 million addresses now have Sol and Solana continues.
  • ETFs and institutions create confidence by the investors – the course of $ 200 is tangible.

You become aware of Solana again because the network adoption is a new historical record. The Sol Blockchain has sparked new interest with over 11 million Wallet owners.

The market sees an increase in Solana prices at the same time as the introduction of SOL FUTURES-ETFs and the increasing volume of the institutional investments, which creates predictions. Based on these factors, analysts assume that Sol will reach a course of $ 200 in the coming months.

Solana is becoming increasingly popular with over 11 million addresses

The analysis of the on-chain data shows that the Solana network has achieved an important success with 11.09 million addresses that now own SOL. Current acceptance is the largest number of users in the history of Solana and thus shows the increasing participation of the network participants. The growing spread of the Solana ecosystem leads to an improved acceptance of the network. Market experts assume that the increasing use of the wallet will create favorable market conditions for the price development of Solana.

The activation of wallets within the network has had a positive impact on market development in the past. The increasing commitment of the users of Solana leads to a strengthening of the promise of value, which reinforces the positive prospects for the price development of Solana.

The increasing use of Solana has received additional support from institutional financial institutions. The introduction of Solana Futures ETFs attracted dealers from companies who wanted to get involved in the cryptocurrency market. Experts in this area assume that institutional investors will maintain the market value of Solana, which will increase the prospects to exceed the current price level.

Solana futures ETFs and institutional support ensure optimism

Solana received new growth impulses from the introduction of futures ETFs at the market in March 2025. The Nasdaq welcomes the trade of two Solana Futures ETFs, including the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2x Solana ETF (SOT). The position of Solana as a mainstream finance player continues to grow with this development, since more and more institutional and private investors perceive the platform.

The course of Solana exceeded the $ 136 mark during the ETF’s first trading period, but quickly recovered. Financial analysts observe different market reactions to these financial products, although they believe that these products will lead to stable prices in the long term. The increasing interest of institutional investors and the increasing market liquidity have led to the price of Solana.

The trust of the market in the long -term prospects of Solana has increased with additional institutional support. Fidelity Investments submitted a fund geared towards Solana in Delaware to show the growing interest of prominent financial institutions. Fidelity’s 4.9-billion dollar assets can provide Solana extensive investments and at the same time consolidate its position in the cryptocurrency sector.

HowCNF reportedshow the data provided by Polymarket that the approval rates for Solana-Spot ETFs have reached 88 % this year. Market analysts believe that official approval would serve as an additional factor that would drive the use of Solana and have a positive impact on its price. Due to the institutional investments and network expansion, Solana retains its decisive position as an important market focus on the way to reach $ 200.

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