Can This Solana Upgrade Push Prices to $220?
The post Can This Solana Upgrade Push Prices to $220? appeared on BitcoinEthereumNews.com. Every Solana transaction consumes compute units (CUs). A simple transfer may only use a small amount, while complex DeFi actions or memecoin launches can chew up much more. With the old cap at 48M CUs, the network would get overwhelmed during periods of high activity, leading to delays and failed transactions—as seen during the Trump-themed memecoin flood earlier this year. Now with 60M CUs per block, the network can handle more load. That opens the door to: Lower transaction fees during high demand Smoother experience for users More flexibility for developers to build complex dApps Greater ability to support large-scale events (like NFT mints, airdrops, or token launches) And this isn’t the end of it. A proposal suggests raising the cap even further to 100M CUs, doubling current capacity again. That’s a clear signal: Solana is gearing up to handle mainstream-scale traffic. What’s the SOL Price Impact of This Upgrade? SOL/USD Daily Chart- TradingView Network upgrades that improve scalability and reduce friction tend to drive long-term growth. They make the chain more attractive to developers, which leads to more apps, more users, and more demand for Solana price. Now look at the price action: SOL price recently rallied from $130 to $210, a 62% gain, before pulling back to the current level of $186.68. The correction is healthy, landing right at the mid-Bollinger band and just above the 20-day moving average at $168, which is strong support. If buyers step in here—likely, given the bullish news—price could make another run at the recent high and push toward $220 (R3 resistance). So while we’re seeing a short-term dip, the underlying momentum hasn’t been broken. The network upgrade is a structural catalyst, not a hype event. Expect continued accumulation at current levels. Developer Sentiment = Future Solana Price Mert Mumtaz from Helius…
The post Can This Solana Upgrade Push Prices to $220? appeared on BitcoinEthereumNews.com.
Every Solana transaction consumes compute units (CUs). A simple transfer may only use a small amount, while complex DeFi actions or memecoin launches can chew up much more. With the old cap at 48M CUs, the network would get overwhelmed during periods of high activity, leading to delays and failed transactions—as seen during the Trump-themed memecoin flood earlier this year. Now with 60M CUs per block, the network can handle more load. That opens the door to: Lower transaction fees during high demand Smoother experience for users More flexibility for developers to build complex dApps Greater ability to support large-scale events (like NFT mints, airdrops, or token launches) And this isn’t the end of it. A proposal suggests raising the cap even further to 100M CUs, doubling current capacity again. That’s a clear signal: Solana is gearing up to handle mainstream-scale traffic. What’s the SOL Price Impact of This Upgrade? SOL/USD Daily Chart- TradingView Network upgrades that improve scalability and reduce friction tend to drive long-term growth. They make the chain more attractive to developers, which leads to more apps, more users, and more demand for Solana price. Now look at the price action: SOL price recently rallied from $130 to $210, a 62% gain, before pulling back to the current level of $186.68. The correction is healthy, landing right at the mid-Bollinger band and just above the 20-day moving average at $168, which is strong support. If buyers step in here—likely, given the bullish news—price could make another run at the recent high and push toward $220 (R3 resistance). So while we’re seeing a short-term dip, the underlying momentum hasn’t been broken. The network upgrade is a structural catalyst, not a hype event. Expect continued accumulation at current levels. Developer Sentiment = Future Solana Price Mert Mumtaz from Helius…
What's Your Reaction?
