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.
Solana's price remains bullish, trading near $103.25 with buyers defending support between $90.50 and $100.48. The network processed about five billion transactions in August and generated $42.28 million in weekly application revenue, highlighting st...
Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...
Bitwise CIO Matt Hougan highlights three main crypto investment themes: Bitcoin as a hedge against currency debasement, Zcash for privacy, and a decade-long tokenization trend involving assets like ETH, SOL, and UNI. He predicts Bitcoin will break it...
The SEC approved changes to Nasdaq Texas Rule 5711(d), explicitly naming XRP alongside Bitcoin, Ether, and Solana as digital assets meeting commodity-based trust standards. This approval allows crypto trusts to hold at least 85% in qualifying assets ...
Solana (SOL) has broken above a months-long consolidation pattern, with the $110-$113 range now the immediate resistance to watch. Holding support between $90.50 and $100.48 is crucial for maintaining bullish momentum. A sustained move above $113 cou...
