Solana’s Token Sol has been pushed at levels that have not been seen since February, canceled by renewed community confidence in an important network proposal.
Data of CryptoSlate Sol shows up above $ 215 this week and won more than 6% in the last 24 hours before he relaxed something to $ 214 from the press. This rally placed the token back at the strongest point since the beginning of February, when it was last traded in the vicinity of $ 216.
According to analysis company Santiment, RetailStiment has become strongly positive, with investors making nearly six bullish comments for every Bearish. This is in particular the highest ratio that has been recorded in more than two months.
In the meantime, this price momentum has arrived despite delaying the activity on the decentralized exchanges of Solana.
A dune analysis dashboard Show that the daily active traders of the network have fallen by more than 80% compared to the memecoin-driven peak of January of 5 million. User numbers have remained below one million for four consecutive days.
This decline reflects a clear pivot among retail investors in the network to other block chains such as Ethereum.
Alpic Glow -Update
The last price momentum coincides with early support from the Community for SIMD-0326 Alpenglow, a proposal described as one of the most important consensusupgrades in the history of Solana.
The proposal Tries to simplify the architecture of the network by removing legacy components, such as proof of history, Tower BFT and gossip-based voice propagation.
If implemented, the upgrade block finalization times would reduce to around 150 milliseconds, which means that Solana is in line with other high -speed platforms designed for trade applications.
Solana co-founder Anatoly Yakovenko in particular has publicly encouraged The community to support the proposal and describe it as an important step forward.
It is not surprising, early votes facts indicate a strong support for the change, in which 11.6% of Solana strikers endorses Alpenglow, while only 0.1% have opposed it. About 100 validators have already cast votes.
The response of the community suggests the growing confidence that the network can deliver faster and more reliable performance to scale, even if retail trade activity is undergoing a reset of its memecoin-driven highlights.
Solana -Market data
At the time of press 11:16 am UTC on August 28, 2025Solana is arranged #6 per market capitalization and the price is upwards 3.93% In the last 24 hours. Solana has a market capitalization of $ 114.74 billion With a trade volume of 24 hours $ 13.57 billion. More information about Solana ›
Summary of the Cryptomarkt
At the time of press 11:16 am UTC on August 28, 2025The total crypto market is appreciated at $ 3.91 trillion With a volume of 24 hours $ 174.05 billion. Bitcoin Dominance is currently up 57.50%. More information about the Cryptomarkt ›