Grayscale’s Solana Trust (GSOL) shares are trading at an unprecedented 784% premium, with the price per share soaring to $202 from $87 at the beginning of the month. This surge far surpasses the premium highs of Grayscale's Bitcoin Trust and coincides with Solana’s native SOL token increasing by 40% in the past week. The price hike in GSOL shares to nearly nine times the value of SOL reflects a growing institutional investor appetite for Solana as it breaches the $60 mark for the first time since May 2022.
