Solana 7.5% surge over the past 24 hours: What Happens Now? Video By More Crypto Online.
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Solana (SOL) is trading at approximately $116.64, representing a sharp 7.5% surge over the past 24 hours and an impressive 15.3% gain over the past week. The digital asset is leading a broader cryptocurrency market recovery, fueled by crucial ecosystem migrations and sustained institutional inflows.
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-ZetaChain Migration Approval: In a landmark ecosystem shift, ZetaChain governance participants voted with a 99.4% majority to shut down their independent Layer 1 network and completely migrate the native ZETA token and its underlying user applications to the Solana blockchain.
-ETF Inflow Streak: Spot Solana ETFs recorded net weekly inflows of $13.19 million, marking their 12th consecutive week of positive capital inflows. Notably, Bitwise's Solana Staking ETF has continued to see growing institutional allocations.
-Tokenized Equities Surpass Records: Solana continues to dominate real-world asset integration, hosting over $465 million in tokenized equities. The network registered a record-breaking 850,000 unique on-chain equity holders this month.
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