Solana Price Surges as MoneyGram Integration Fueled by Strong Institutional Demand

Solana's price has continued its upward trend, reaching $76.41 on Wednesday as it holds above a key support zone established the previous day.

The integration of MoneyGram Ramps on the Solana network is a significant development, allowing builders to access MoneyGram's global fiat on- and off-ramp infrastructure through a single API.

This integration brings cash deposits in over 25 countries and withdrawals in over 170 countries and territories to Solana apps, wallets, and exchanges, strengthening its real-world payment utility.

Institutional demand for Solana remains strong, with SOL ETFs recording an inflow of $1.43 million on Tuesday following a positive flow of $8.83 million the previous day.