Solana (SOL) has staged a recovery after testing support at $195, with traders closely watching the $205–$215 resistance zone. A decisive break above this level could open the door for a surge toward $225 and 0 Reading: Bitcoin Mirrors Historical Pullback Ranges – Healthy Correction Or Trouble Ahead? Analysts highlight that technical signals are aligning with renewed buying pressure from whales and “shark” wallets, suggesting confidence in Solana’s medium-term 1 volatility in August, Solana’s price has held above the critical $183–$190 range, forming a base for potential 2 trading volumes exceeding $50 billion further underscore the renewed investor 3 argue that if momentum continues, Solana could push toward $250 before testing the psychological $300 4 Upgrade Fuels Institutional Confidence The biggest catalyst behind Solana’s bullish narrative is its Alpenglow upgrade, a game-changing overhaul that has transformed network 5 finality has been slashed to 100–150 milliseconds, while throughput now exceeds 107,000 transactions per second (TPS), outpacing Ethereum and even legacy systems like 6 innovations include Votor, an off-chain validation process that reduces bottlenecks, and Rotor, a stake-weighted relay system that cuts latency by 40%.
Together, they solve long-standing institutional pain points around speed and 7 costs have also dropped dramatically, from $60,000 annually to just $1,000, improving decentralization while opening the door for high-frequency trading, tokenized settlements, and real-time DeFi 8 institutions, the 20+20 resilience model, ensuring operations continue even with 40% validator failures, cements Solana’s reputation as a Nasdaq-grade blockchain 9 99.6% validator approval, the upgrade positions Solana as one of the most robust and cost-efficient blockchains available. SOL's price trends to the upside on the daily chart.
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