#Solana SOL Price News & Insights Today 6-2-2026 - Technical analysis of #SOL, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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Solana (SOL) is currently trading at $79.77, experiencing a sharp 12.57% decline in the last 24 hours amid a broader market-wide sell-off. Despite the immediate downward pressure, institutional sentiment remains active, with recent developments focusing on the upcoming Alpenglow upgrade and expanded DeFi utility.
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Solana Insights
-Alpenglow Upgrade: Development is underway for the Alpenglow protocol, a major consensus upgrade intended to replace Proof of History. It aims to reduce finalization times to 100–150 milliseconds, potentially making Solana suitable for high-stakes financial activity like a decentralized NASDAQ.
-Institutional Traction: On February 5, 2026, Multiliquid and Metalayer Ventures launched a liquidity facility for tokenized real-world assets (RWAs) on Solana. Additionally, ParaFi Capital recently invested $35 million in the Solana DeFi platform Jupiter.
-Analyst Adjustments: Standard Chartered recently lowered its end-2026 SOL price forecast from $310 to $250, citing the time required for new network use cases to mature, though it maintains a long-term bullish stance toward $2,000 by 2030.
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