$105,406,581 Solana (SOL) in minutes: What happened?

A significant transaction occurred where 790,427 SOL, valued at over 105 million USD, was swiftly transferred between unknown wallets. The origins and purpose of this transfer remain unclear, fueling speculation in the cryptocurrency community.

Solana’s price saw a notable increase of 25% over the past week, with an active social media discourse reflecting growing interest in its recent price movements, marking a strong market rebound.

Solana set a record with 355.9 million transactions in a week, leading among blockchain networks. Additionally, Canada’s launch of spot Solana ETFs may occur soon, following regulatory approvals.

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