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Solana upgrades mainnet capacity to 100M compute units but SOL price stalls near $73.75 support amid market pressures.

Protocol Fundamentals
29 Jul 2026
Tokenpost
View Source
Neutral
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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.

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