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Solana ETF fund surpasses 100 million dollars in just 12 days
Solana (SOL) has recorded strong growth thanks to the wave of institutional investment and the success of the Solana Staking ETF (SSK). Launched on July 2, 2025, SSK achieved 100 million USD in assets under management just 12 days later. This is the first Solana ETF in America that integrates on-chain staking rewards, strongly attracting both individual and institutional investors.
At the same time, the total value locked (TVL) on the Solana network reached 14 billion USD, while the trading volume of crypto stocks reached 293 million USD in a month, surpassing all other blockchains combined. SOL also exceeded the 200 USD mark for the first time since January 2025, peaking at 205.33 USD on July 22 before correcting to 190 USD.
Development activities are booming with over 350,000 new tokens launched in a week. In addition, Upexi announced that it has purchased 20 million USD SOL on July 21.