Overview
- SOL trades near $208–$210 after a bounce from roughly $191, with $200–$207 viewed as support and $215–$220 as the immediate hurdle for a breakout.
- Jump Crypto’s Firedancer team proposed SIMD-0370 to remove Solana’s 60 million compute‑unit block cap after Alpenglow, a change that could lift throughput but may pressure smaller validators.
- Alpenglow aims to cut transaction finality to about 150 milliseconds from around 12.8 seconds, with testnet work scheduled before broader deployment.
- Market signals are mixed: CoinGlass logged about $35.55 million in exchange outflows that suggest accumulation, while a whale sale of roughly 150,000 SOL (~$31.6 million) flagged profit‑taking.
- Treasury wallets hold more than 20.9 million SOL as institutional interest builds into the SEC’s October ETF deadlines, with firms such as Forward Industries disclosing sizable holdings.