SOL Token Surges 2% as Institutional Futures Drive $3.88B Trading Amid Ecosystem Expansion

Solana (SOLUSDT) has experienced a 2.06% price increase over the past 24 hours, with the current price on Binance at 128.63 USDT and a 24-hour open at 126.03 USDT. The price change is primarily attributed to ongoing institutional interest, such as Charles Schwab integrating Solana futures and whale activity indicated by a recent 250,000 SOL long position, offsetting recent negative pressures from a significant DDoS attack and declining on-chain activity. Despite technical challenges, Solana’s ecosystem continues to see infrastructure expansion, including new token listings on major exchanges and recognition as the most popular blockchain ecosystem, contributing to active trading volumes near $3.88 billion and a market capitalization around $72.69 billion on Binance. The asset remains volatile, with notable intraday movements and strong monitoring from both retail and institutional participants.