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Recently, Solana has been in the spotlight for several positive developments:

Surge in Active Addresses: Solana has contributed significantly to the growing number of active crypto addresses, with reports indicating it accounts for about 100 million out of 220 million total active addresses in the crypto space

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. This spike reflects a renewed interest and adoption of the Solana blockchain, particularly among developers.

Increased Developer Interest: There’s been a marked increase in developer activity on Solana, with the share of builders interested in the blockchain more than doubling over the past year

CRYPTO NEWS FLASH

. This trend suggests that more projects and applications are likely to be built on Solana, enhancing its ecosystem.

Investment Boom: In the third quarter of 2024, Solana projects raised over $173 million, marking the highest quarterly funding since mid-2022

SOLANAFLOOR

. This influx of capital demonstrates renewed investor confidence in Solana's future potential, especially following challenges faced in the post-FTX era.

Tokenized Treasury Market Growth: Solana's tokenized treasury market has also seen substantial growth, doubling its total value to $123 million recently

. This development indicates growing institutional interest in the blockchain's capabilities for innovative financial products.

Potential ETF: There is speculation that a Solana ETF could be filed and potentially approved by the U.S. SEC, which could further bolster institutional interest and investment in SOL

Overall, these developments paint a positive picture for Solana's future, suggesting it may continue to grow and attract both developers and investors. For more detailed insights, you can check the full articles on these updates from Crypto News Flash, , and SolanaFloor.$BTC $ALPHA #UptoberBTC70K? #SCRSpotTradingOnBinance #APESurge #BinanceLabsInvestsLombard #USRetailSalesBoost