Solana has implemented a major mainnet upgrade increasing its per-block compute budget from 60 million to 100 million compute units, boosting network capacity by about 66% without slowing block times. Despite this technical improvement, SOL's price remains range-bound around $72–$74, pressured by macroeconomic factors like rising U.S. Treasury yields and a stronger dollar, as well as institutional profit-taking and liquidation events. The key price level to watch is $73.75; holding above it could stabilize the price and support a rebound, while a drop below may lead to further declines toward $60. On-chain activity is rising, with increased meme coin trading and daily active addresses nearing annual highs, making the upgrade timely for handling higher demand. Medium to long-term price targets depend on continued network scaling and improved market conditions.
ZetaChain token holders approved Proposal 68 with 99.4% support to discontinue ZetaChain's Layer 1 blockchain and migrate the ZETA token to Solana as an SPL token on a 1:1 basis. This move aims to leverage Solana's faster transactions, lower fees, an...
ZetaChain token holders voted overwhelmingly (99.4%) to shut down the project's independent Layer 1 blockchain and migrate ZETA tokens to Solana as native SPL tokens. The migration will convert tokens on a 1:1 basis, with a change in decimal precisio...
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
Solana (SOL) is showing strong momentum in October, leading large-cap altcoins with a 9% weekly gain and breaking key resistance levels. Its relative demand is increasing compared to Ethereum and Bitcoin, supported by fresh institutional inflows into...
Solana's price surged over 10% to a seven-month high above $110, driven by increased institutional and retail demand. Derivatives open interest jumped 18%, signaling new leveraged positions, while the Bitwise Solana Staking ETF crossed $1.1 billion i...
