Solana’s price increased by 12.26% in the past 24 hours, reaching US$203.5, marking its highest price since February 5, 2025.

The rally was driven by ecosystem developments, notably the upcoming launch of Jito Foundation’s Block Assembly Marketplace (BAM) on Solana’s mainnet.

This will introduce a new architecture for transaction sequencing aimed at improving transparency and reducing harmful MEV.

Nick Ruck, research director at LVRG, indicated that the BAM development has increased investor optimism.

It promises enhanced transaction efficiency and network flexibility for Solana.

Additionally, Vincent Liu, CIO of Kronos Research, noted that Solana benefited from DeFi Development Corp’s recent US$19 million funding round.

During this round, it acquired 141,383 SOL, raising its treasury to nearly 1 million SOL.

Speculation over a Solana ETF approval in October 2025 also lifted momentum, while Bitcoin dipped 0.65% and its market dominance dropped to 60.6%.

Recent Solana developments