Solana (SOL), which entered 2025 with sharp fluctuations, is gaining momentum again despite experiencing declines of up to 70 percent during the year. SOL, which has risen 15% in the last two weeks, has outperformed Ethereum, which remained stagnant, and Bitcoin, which lost 4% in the same period. The token, which has gained 30% on a monthly basis, reached a six-month high of $216.87 last week. Solana's rally accelerated particularly after VanEck filed for a staked Solana ETF alongside decentralized finance platform Jito. Bloomberg's recent report that Galaxy and Jump planned to establish a $1 billion Solana-focused treasury fund also supported the rally. “Solana is currently at a critical resistance level,” said Leo Zhao, Investment Director at MEXC Ventures. “Positive macro signals, such as a potential US interest rate cut, could lead to new highs.” Interest from institutional investors is growing. Giants like Grayscale, Franklin Templeton, VanEck, and Bitwise have applied for SOL ETFs, while BlackRock expanded its tokenized money market fund, BUIDL, to Solana this year. Institutions like Ark Invest, Galaxy, and Republic are increasing their presence on the network through SOL staking and tokenization projects. The Solana network stands out in the tokenization trend with its high transaction capacity. “If you believe in a future where everything from farmland to buildings to stocks will be tokenized, Solana is the perfect vehicle,” said Josh Brown of Ritholtz. “Because no other Layer 1 network can handle such high transaction volume.” *This is not investment advice.