$SOL
Solana Updates for August 20, 2025
- *DeFi Deposits*: Solana's total value locked (TVL) in decentralized finance (DeFi) reached $10.33 billion in August, with a staked value of $60 billion.
- *Alpenglow Update*: Solana is considering the Alpenglow Consensus protocol to reduce block finality times from 12.8 seconds to 100–150 milliseconds, enhancing transaction efficiency.
- *Price Action*: SOL is trading around $181–$193, with resistance at $200–$210 and support at $175–$180.
- *ETF Developments*: The SEC has delayed its decision on Solana ETF filings until October 16, 2025. The REX-Osprey Solana spot ETF has seen $150 million+ in net inflows.
- *Institutional Adoption*: Major financial players like HSBC and Bank of America are integrating with Solana via R3's infrastructure for tokenization of traditional assets ¹ ² ³.
What's Next for Solana?
- Analysts predict a potential path to $200–$220 for SOL if support holds.
- The upcoming beta wallet launch of Remittix (RTX) on September 15, 2025, could impact market dynamics ⁴ ⁵.
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