Solana’s Network Upgrade Ignites Bullish Frenzy

📅 Date: 11 Aug 2025

$SOL which means , Solana is stealing the altcoin spotlight with a 12% surge in just 24 hours, breaking above the $190 mark for the first time in three months. This spike comes right after the rollout of Solana’s v1.21 network upgrade, aimed at improving transaction throughput and reducing validator downtime.

On Binance, $SOL

’s trading pairs have seen a 60% jump in liquidity, attracting both retail traders and institutional players. The upgrade has also sparked fresh DeFi and NFT activity on the Solana chain, reviving bullish sentiment that had cooled since April.

Chart analysis shows $SOL breaking above its symmetrical triangle formation, a classic bullish continuation pattern. The next key target is $210, but momentum traders believe $225 could be on the table if volume sustains.

However, there’s one caveat—RSI levels are entering the overbought zone, meaning short-term pullbacks could occur. Still, demand from ecosystem developers and staking rewards is keeping long-term sentiment strong.

🚀 Bottom line: Solana’s upgrade is more than just tech—it’s a statement. The chain is proving it can scale, and investors are rewarding it with renewed trust and liquidity inflows.

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