Solana's Price Surges 7% to $177 as Whale Moves 120,000 SOL to Binance

Generated by AI AgentCoin World
Friday, May 16, 2025 2:49 pm ET2min read

Solana (SOL) has recently garnered significant market attention, with its price surging by over 7% to reach $177. This surge has been accompanied by a whale user pledging more than 120,000 SOL and transferring it to Binance, sparking community interest in potential market trends. The launch of the Solana Domain Name Service (SNS) and the airdrop of 40% of its total coins have injected new vitality into the Solana ecosystem, which is rapidly expanding in areas such as DeFi, domain name services,

, and payment systems, positioning SOL as a key player among the "Ethereum killers."

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