Solana (SOL) News Summary
Recent news on Solana shows significant developments in its price, network, and institutional backing. The SOL coin has seen a notable price surge, reaching a 6-month high, with traders now watching key resistance and support levels.
The Solana community is actively voting on a major network upgrade, "Alpenglow" (SIMD-0326), which aims to dramatically reduce block finality time to just 150 milliseconds, enhancing the network's speed and efficiency.
There is also growing institutional confidence in Solana, with reports of a potential $1 billion fund being raised to acquire SOL, along with another $1.25 billion investment from a major firm. This signals strong belief in the network's long-term potential.
On the ecosystem front, recent data shows Solana leading all major blockchains in active addresses. The network continues to be a hub for new projects and technological developments, demonstrating its robust and active community.