SOLC is trading 8.70% up at $21.17 after Solana climbed above $100, supporting the Solana-linked fund.
- Solana’s advance has been associated with fresh spot-ETF inflows, stronger network activity, and governance proposals targeting token-emission reductions.
- Broader risk appetite supports the move, with the Nasdaq Composite up 1.01% and crypto sentiment improving.
- The rally appears primarily sector-driven rather than company-specific.