🌐 Solana (SOL) Market Update – August 19, 2025
$SOL: $179.79 (-0.92%)
📊 Market Snapshot
Current Price: ~$178.57 (-2.16% daily)
CoinMarketCap: ~$182.54
CoinDesk: ~$181.24
Trend: Slightly bearish across platforms
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🔑 Key Developments
1. On-Chain & Institutional Momentum
~$1.54B in memecoin trading on Solana
~$176M inflows into Solana-based products
$2.04M institutional inflow via REX Shares’ Solana ETF
DEX liquidations surged 79% higher than CEX
2. Alpenglow Upgrade in Focus
Validators now voting on SIMD-0326 (Alpenglow)
Aims to cut block finality from 12.8s → 100–150ms
If approved: huge leap in speed & scalability
3. Technicals & Price Action
Range: $181–$193
Support: $175–$180
Resistance: $200–$210
Breakout zone: Above $215
Recently rejected at $200 & $205 → pulled back ~8%, support near $184
4. Network Milestone
Stress tests hit 80K–100K TPS, cementing Solana’s edge over Ethereum in scalability.
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⚡ Bottom Line: Despite short-term pullbacks, Solana’s fundamentals — from institutional flows to network upgrades — remain strong. The Alpenglow vote could be the next big catalyst.#solana
