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Solana (SOL) has taken the spotlight in recent times, and for a good reason. In just seven days, the blockchain network topped the list of networks with the most transactions, clocking an impressive 355.9 million transactions. This surge in activity is nothing short of astonishing.
But that’s not all – there have been other significant developments in the Solana ecosystem. Eric Balchunas, senior ETF analyst for Bloomberg, has hinted at a potential spot Solana ETF listing in Canada. According to sources, the country’s regulator has given the green light to multiple issuers, including Purpose, Evolve, CI, and 3iQ.
In other news, Confidential Balances have launched on Solana mainnet. For those who may not be familiar with this term, Confidential Balances is a set of three zero-knowledge (ZK) powered, encrypted token extensions designed to provide institutional compliance and financial privacy. This milestone highlights the growth and potential of Solana as a platform for decentralized finance.
As we move forward in 2025, it will be crucial to keep an eye on Solana’s continued progress. Will these developments continue to propel its growth? Only time will tell.
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Source: https://u.today/105406581-solana-sol-in-minutes-what-happened
