Canadian retail investors now have a third option on their spot crypto exchange-traded fund (ETF) menu, but one analyst says it may not be as big of a deal.

Bitcoin and Solana have emerged as dominant players in the crypto market during an especially turbulent first quarter of 2025. According to the Q1 Crypto Industry Report recently released by CoinGecko, the broader market experienced a major downturn.

So, who's got the ultimate lead?

Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote.On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agreeing on the rate of future SOL emissions.

Solana saw increased demand in the $120 accumulation zone, and a bullish trend could follow behind.

Solana's DEX trading volume soars to over $15 billion.

Coinbase has upgraded its infrastructure after receiving user complaints to support the Solana ecosystem better.

Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.

Solana is now at a critical juncture as it trades around a pivotal price level that could determine its short-term direction. After weeks of selling pressure and underwhelming price action, bulls are attempting to regain control—but success hinges on reclaiming higher resistance zones.

Solana surged 7% on Thursday, outperforming major tokens as Canada debuts the world's first Solana spot ETF on the Toronto Stock Exchange. Solana ETF Debut on Toronto Exchange Sparks Rally as SOL Surpasses Ethereum, Bitcoin Gains Solana (SOL) climbed more than 7% on Thursday retaking the $135 resistance level as it outpaced Bitcoin and Ethereum

The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.

Galaxy Research has submitted a new proposal to the Solana (SOL) community to reform the network's inflation governance discussion through a method called Multiple Election Stake-Weight Aggregation (MESA), according to a filing published on April 17. The mechanism seeks to introduce a market-driven process to refine the SOL emissions curve without relying on single-outcome votes.

Cryptocurrency trader and analyst Ali Martinez is leaning bearish on Solana (SOL) while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).

Coinbase has been working to fix the issues some of its users had when trying to send transfers on the Solana network.

Solana is outpacing Bitcoin, Ethereum, XRP, and other major coins right now, rising to its highest price so far this month Thursday.

In a newly updated 2025 Quarter 1 (Q1) report, CoinGecko says Solana (SOL) is outpacing Ethereum (ETH) in several ways. According to their Q1 Crypto Industry Report, CoinGecko says that Ethereum lost all gains from last year, while the rest of the crypto market cap only fell 18.6% in the first few months of 2025.

Solana price has recovered recently, with the cryptocurrency experiencing a 40% increase in value over the past 10 days. The SOL price surge comes as 71% of traders with open positions on Binance are betting on Solana's upward movement.

In January, Coinbase vowed to improve its Solana transaction processing infrastructure after users experienced withdrawal and depositing issues.

Global economic tensions and trade policy uncertainties continue to create volatility in the crypto market, with SOL navigating these challenges better than many alternatives.

Solana (SOL) and Raydium (RAY) have jumped in the past 24 hours after the decentralized exchange launched a new tool called LaunchLab that competes directly with its former partner, Pump.fun.In late March, Pump.fun launched an automated market maker (AMM) and broke up with Raydium after collaborating for many months. Introducing LaunchLab, Raydium's all-in-one token launchpad.

Coinbase exchange has made significant improvements to its Solana network infrastructure to enhance speed, resiliency, and scalability. The exchange further said that certain technical improvements have been implemented that have boosted performance numbers for Solana transactions on the exchange.

Galaxy Digital's research team has unveiled a proposal to reform how Solana adjusts its token inflation rate. Part of the proposal introduces a new voting mechanism called Multiple Election Stake-Weight Aggregation.

The overall cash inflows to Solana DeFi products have gradually grown in the past few weeks. SOL price has consolidated between $123 and $134 in the past three weeks amid a growing bullish outlook.

President Faustin-Archange Touadéra of the Central African Republic hints at a Solana meme coin-related law, prompting the CAR token to spike.

The crypto ecosystem on Solana is experiencing an unprecedented rivalry. Raydium, a giant in decentralized exchanges, unveils LaunchLab, a token creation platform designed to counter the meteoric rise of Pump.fun.

Solana price has risen by more than 10 percent in the last week and its momentum indicators and fundamentals align for further gains.

The investment universe for non-crypto native investors has largely revolved around Bitcoin and Ethereum ETFs. But that's changing fast with the introduction of a new Solana product on the Toronto Stock Exchange.

TL;DR SOL Surge Amid Stability: Despite a generally stable crypto market with Bitcoin near $84K and Ethereum around $1,600, Solana surged by 6% to approximately $134. Investor Optimism: The rally in SOL is fueled by renewed investor enthusiasm, strong futures positioning, and confidence in its fast, robust ecosystem.

The crypto investors are looking for Solana and XRP spot ETF approvals, as they witness the impact that Bitcoin and Ethereum exchange-traded funds have on the digital assets' prices. Not only can this provide the much-needed regulatory clarity, especially for the Ripple token, but it could boost its price.

The Solana copy trading bot has focused on speed, with a claimed 15% of trades completed in the same block as the mirrored wallet.

XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin has performed quite well and continues to inspire support.

Solana is experiencing a renewed wave of investor interest, with more than $120 million in liquidity bridged to the network over the past 30 days. The post Over $120M Bridged to Solana in 30 Days, Led by $41.5M from Ethereum appeared first on Cryptonews.

Solana reclaims momentum with a 35% volume jump, renewed liquidity, and bullish signals as institutional interest grows.

Solana (SOL) saw a sharp 14.5% rally from $119.58 to $136.01 between April 11 and 14, signaling strong bullish momentum. However, the altcoin is now undergoing a healthy correction phase, showing signs of consolidation.

Raydium, a Solana-based DeFi platform, has launched its own memecoin launchpad after Pump.fun severed ties with the automated market maker last month.

SOL price has surged today, soaring more than 7% as robust Solana Network inflows have fueled market confidence. Besides, it also comes amid a broader crypto market recovery, with Bitcoin and most of the altcoins recording significant gains.

HYPE is the other notable gainer from the mid- and larger-cap alts.

Solana sees $120 million in network inflows and Canadian ETF approval, but technical indicators show mixed signals for SOL's price direction.

Solana (SOL) eyes a 40% breakout as it forms a bullish inverse head and shoulders pattern, bolstered by Canada's launch of North America's first spot Solana ETFs.

This Solana ETF is set to begin trading on the Toronto Stock Exchange (TSX) on April 16, 2025. The new ETF is backed by a $50 million lead investment from SkyBridge Capital.

Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.

Crypto markets steadily rose in Asian morning hours Thursday after a sell-off the night before as Fed chair Jerome Powell dashed hopes of early rate cuts as global markets reel from the impact of newly-levied U.S. tariffs.

There is a key level everyone's watching on Solana's charts.

Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solana (SOL) from other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum (ETH) at $41.5 million, followed by a $37.3 million influx from Arbitrum, according to data from Debridge.

Over the past week, Solana has maintained a notable bullish performance, rising by more than 20% after a recent drop to the $100 support zone on April 9. While SOL has recovered its upward trend, key metrics show a major area of interest in its price dynamics for a significant number of investors.

Raydium, Solana's top DEX by volume, has launched LaunchLab, a customizable token creation platform directly challenging Pump.fun and aiming to streamline on-chain token launches and trading across the Solana ecosystem. The post Raydium Fires Back with LaunchLab as $2.5B DEX War with Pump.fun Explodes on Solana appeared first on Cryptonews.

Solana's native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin's rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term.

Solana looks surprisingly bullish, considering the broader crypto market continues to flirt with bearish stagnation.