Solana (SOL) experienced a notable price surge of over 10% after Pump.fun transferred $55 million worth of SOL to the Kraken exchange. This move came after a dip to $189 on January 1. The memecoin platform has been a significant player, depositing over $303 million in SOL to Kraken this year. Meanwhile, anticipation is building for a potential US spot Solana ETF, with a 76% approval likelihood according to Polymarket. Major firms like VanEck and Grayscale are in the race, with decisions expected in January. Brazil's approval of a Solana ETF in August adds to the global momentum.