According to @SolanaConf, the Solana team is actively engaging with the community at SolanaConf 2024, which has led to increased attention and trading activity for the SOL token. Market participants are closely monitoring announcements and partnerships made during the event, as these can directly influence Solana's ecosystem growth and its token’s price action. Historically, major conference appearances have resulted in short-term volatility and trading opportunities for SOL, as confirmed by event-driven trends reported by CoinGecko and The Block.

According to sns.sol on Twitter, the Solana Name Service (SNS) has officially announced a highly anticipated update is launching today (source: sns.sol, Twitter, May 13, 2025). This development is expected to generate increased trading activity for the SOL token, as previous major SNS releases have historically driven significant spikes in both trading volume and price volatility within the Solana ecosystem. Traders are advised to monitor SOL-related pairs and watch for liquidity shifts, as the update could influence both short-term price action and long-term adoption trends in decentralized identity solutions (source: historical Solana market data, CoinGecko).