Solana surged to $112 on Thursday, rising about 11% on the day and reaching its highest level since January. The Bitwise Solana Staking ETF (BSOL) climbed to $15.54, up 12.04%, with trading volume reaching approximately $85 million. Liquidations totaled $38.21 million over 24 hours, with 96% coming from short positions. The rally is being supported by fresh catalysts including Project Harmonia with Allfunds covering over 3,300 asset managers and €1.9 trillion in assets under administration, a real-world asset value exceeding $4 billion, and MoneyGram’s global expansion across more than 170 countries.
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