$SOL Solana's current price is $180.02, with a 0.13% increase over the last 24 hours. Its market capitalization stands at $97.24 billion, with a 24-hour trading volume of $5.63 billion.
*Key Updates:*
- *Market Performance*: Solana has seen significant growth in its DeFi ecosystem and institutional traction, hinting at a potential price recovery to $200.
- *Technological Advancements*: Recent updates include the upgrade to Rust version 1.76.0, decoupling of the Solana Virtual Machine (SVM), and improvements to transfer hooks in the SPL token.
- *Partnerships and Integrations*: BitPay has integrated Solana, enabling users to buy, store, send, receive, swap, and spend SOL and Solana-based stablecoins.
- *Real-World Assets (RWAs)*: Solana's RWAs have grown to $390 million, up 124% year-to-date, according to Messari.
- *Upcoming Developments*: Solana validators are voting on the Alpenglow proposal, which aims to replace the current TowerBFT consensus mechanism with a faster and more resilient system ¹$SOL