After Bitcoin and Ethers Ethereum, Canada is ready to launch the very first spot in the world FNB Solana (Funds negotiated in exchange) on April 16, 2025, which makes it a great moment not only for Canada, but for the global cryptography space. The launch of these FNBs comes at a good time, because the solara price increased by 25% last week.
Canada to launch FNB Solana
The Ontario securities commission (CSO) has officially given the green light to several major FNB transmitters, investments for purposes, ETF, Ci Global Asset Management and 3iq, to deploy ETF Solana in the country.
These companies will offer new ETFs that really hold Solana tokens (Sol), instead of simply following the price.
What makes these ETFs special is that they will also understand a stake. According to a Eric Balchunas de BloombergETFs will use TD Bank for staggered services. Stimulating means holding Solana to help the network and, in return, win additional parts as awards.
This can give investors higher yields, especially because Solana Staking pays more than Ethereum, and it can also reduce the total cost of FNB maintenance.
How is this FNB different from other ETFs
Even if all ETFs will hold Solana, each will follow a different index. This gives investors different ways to invest in Solana according to their objectives and strategies.
All, however, will focus on the long -term outfit of Solana’s physical parts, showing a strong belief in the future of the token.
Solana Market Santiment Peaks
Solana is very careful lately, and not just investors! According to health data in recent days, more and more people have started talking about it online and tend on social networks.
Adding to the excitement, Nansen’s data show that Solana had the greatest number of transactions among all blockchains in last week, more than 355 million transactions.
Solana’s price (soil) can increase to $ 151
Looking at the Solana price table for a day, he consolidated Between the $ 125 to a fork of $ 135 for the last days. Experts believe that if it can exceed $ 137, the next target could be around $ 151.
However, if the price falls below the level of support of $ 125, it could drop more to $ 117. Thus, the next few days are important for the Solana Price Department.