Solana's Price Surges 2.314% Amid Record DEX Volume and Institutional Interest

Solana's latest price was $181.00, up 2.314% in the last 24 hours. The cryptocurrency has experienced a significant rebound from a major low, forming an inverse head and shoulders pattern followed by a double bottom pattern. These technical structures triggered a strong upward move, pushing the price to a high. After a brief pullback, SOL is now consolidating near a certain level. If the price holds above a key support level, a retest of a resistance range could follow. The recent consolidation follows a healthy pullback, with analysts closely watching the key support level.

Solana's decentralized exchange (DEX) volume climbed past $1.4 trillion in July 2025, marking a new record for the blockchain. This figure includes cumulative trading data from top Solana-based platforms such as Raydium, Orca, and Meteora. Raydium led a 24-hour activity with more than $1.2 billion in trades, followed by other high-traffic exchanges that helped push the volume higher. Data from DeFiLlama recorded $3.85 billion in 24-hour DEX volume on Solana crypto, with a monthly total exceeding $69 billion. These numbers highlight a steady rise in user participation across the network, including activity from both individual traders and institutional entities. The volume increase follows an uptick in decentralized applications built on the Solana crypto blockchain, many of which focus on trading, staking, and yield farming. The goal remains to attract more users and expand Solana’s presence within decentralized finance.

Solana has recorded rising interest from institutions, with a partnership with enterprise blockchain firm focusing on bringing tokenized real-world assets onto the network. This collaboration is part of a larger trend in which traditional financial firms are exploring public blockchain platforms. The institutional momentum has been supported by regulatory signals, with prediction market data placing the likelihood of a spot SOL ETF approval before the end of 2025 at 99%. This optimism followed the July debut of the Rex Shares SOL staking ETF, which reached a net asset value of $42 million within its first few days of trading. The product performed better than the XRP futures ETF on its launch day, indicating rising investor appetite for Solana-related financial products. Network activity also remains strong, with Solana crypto ahead in daily transactions and active addresses. The network processed more than 125 million transactions per day on average and maintained over 5 million unique active addresses.

Solana is riding a double wave of momentum, from Wall Street and the meme coin crowd. As the newly launched REX-Osprey SOL + Staking ETF (SSK) nears $100 million in assets and offers rare staking rewards, institutional interest is heating up. Add in a meme-fueled rally and bullish technicals, and it’s no wonder SOL just hit a multi-month high. Data shows that the REX-Osprey SOL + Staking ETF has had inflows in all weeks since its launch, and now holds $99.7 million in assets. If this trend continues, the fund will likely cross the $100 milestone this week. The SSK ETF is unique in that it allows investors to participate in Solana’s jump and also earn passive returns in the form of staking rewards. Data shows that staked Solana yields an annual return of approximately 7.5%, making it an ideal investment for dividend-focused investors. The SSK ETF provides an early and better way for American institutions to invest in Solana. While it is expensive than the proposed Solana ETFs, the costs is offset by the fact that it allows investors to make monthly staking payouts. Unless the SEC changes its mind, likely, funds from companies will not include staking features. In this case, investors who invest directly in Solana will likely outperform those who purchase its ETFs. Solana price also jumped as most meme coins in its ecosystem soared, pushing their market cap to $15 billion.

Significant growth has been observed in the on-chain value of tokenized real-world assets issued on the Solana blockchain. Reports indicate a substantial inflow of capital into these assets, specifically highlighting that the value more than tripled within a period spanning mid-June to early July. This surge represents a notable increase from a lower base, reflecting rising user engagement and capital allocation toward tokenized asset offerings built on the Solana network.

The ecosystem continues to attract institutional interest, with growing discussion around the potential for a Solana spot exchange-traded fund (ETF). Industry observers point towards increasing hype surrounding this possibility, suggesting it could represent a significant milestone for broader institutional adoption. While regulatory approval remains a key factor, the sustained conversation highlights Solana's positioning within the evolving digital asset investment landscape.

Beyond financial applications, Solana's underlying technology continues to garner attention. Its core architecture, featuring a unique hybrid consensus mechanism combining Proof-of-History with Proof-of-Stake, is frequently cited for enabling high transaction throughput and low operational costs. This technical foundation supports diverse use cases across decentralized finance, non-fungible tokens, and decentralized physical infrastructure networks. The network's ability to efficiently handle significant transaction loads is seen as a key competitive advantage driving developer activity and platform adoption.