Solana Needs to do THIS to Confirm the Bull Market. Video By More Crypto Online.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!"
Learn more >>
Solana (SOL) is trading near $118.72, posting an approximate 4% gain over the last 24 hours and an 11% climb over the past week. Earlier today, the asset briefly broke out to touch $122.18, reaching its highest price level in eight months.
Buy Solana >>
Insights Today
-The Alpenglow Upgrade & Scalability Milestones: Anticipation is reaching a peak for Solana’s Alpenglow consensus upgrade, tentatively scheduled for launch on September 28. Alpenglow replaces TowerBFT to dramatically slash transaction finality times down to roughly 150 milliseconds while improving network efficiency under heavy loads. This follows recent optimizations that already reduced block slot times down to 350 milliseconds.
-Massive Staking Inflows: Staking metrics indicate massive holder conviction. Solana network deposits surged by 2.83 million SOL in September, pushing total staked tokens to 496.96 million SOL. This has occurred despite base staking yields gently compressing to 5.08%.
-Institutional C-Suite Expansion: To accelerate its push into mainstream financial infrastructure, the Solana Foundation announced the hiring of former executives from major firms like Binance and Polygon. The new appointments include a Chief Strategy Officer and a General Manager of Payments, signaling an aggressive push to scale corporate stablecoins and real-world asset tokenization.
-Macro Regulatory Shifting: Momentum was further boosted following new U.S. Federal Reserve proposals regarding strict capital and reserve requirements for digital stablecoins. Traders interpreted the regulatory clarity as a long-term benefit for high-throughput chains like Solana, which heavily process tokenized digital dollar volume. Furthermore, public companies are continuing to expand corporate treasury allocations directly into SOL.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
