The Solana Staking ETF (SSK) has surpassed $100 million in assets under management (AUM) just 12 days after its launch on July 2, 2025, highlighting strong institutional interest. This ETF is the first U.S.-listed Solana ETF to incorporate on-chain staking rewards, appealing to both institutional and retail investors. Solana's network has seen its total value locked (TVL) climb to $14 billion, with tokenized stock volume reaching $293 million in a month. The price of Solana surged past $200, peaking at $205.33 before stabilizing at $190. Additionally, over 350,000 new tokens were launched on the network in a week, signaling increased developer activity. Institutional interest was further evidenced by Upexi's $20 million SOL purchase on July 21.