$SOL trading at $103
mcap sitting around $60.6B, down about 1.1% today as the broader market cools off
but the real story is timing: Solana's Transaction V1 upgrade goes live tomorrow, Sept 9 — bumping transaction size from 1,232 to 4,096 bytes, a 3.3x jump that unlocks more complex use cases like zero-knowledge proofs and confidential transfers.
on top of that, spot SOL ETF assets have already crossed $1B in inflows, and Forward Industries has built a $1B+ SOL treasury with its own validator node — real institutional conviction, not just retail hype.
daily trend is still technically bullish (price above EMA20/50/200), though momentum is cooling short-term — worth watching for a pullback before the upgrade catalyst plays out.
not financial advice. DYOR.
#crypto #Solana #sol #Binance
mcap sitting around $60.6B, down about 1.1% today as the broader market cools off
but the real story is timing: Solana's Transaction V1 upgrade goes live tomorrow, Sept 9 — bumping transaction size from 1,232 to 4,096 bytes, a 3.3x jump that unlocks more complex use cases like zero-knowledge proofs and confidential transfers.
on top of that, spot SOL ETF assets have already crossed $1B in inflows, and Forward Industries has built a $1B+ SOL treasury with its own validator node — real institutional conviction, not just retail hype.
daily trend is still technically bullish (price above EMA20/50/200), though momentum is cooling short-term — worth watching for a pullback before the upgrade catalyst plays out.
not financial advice. DYOR.
#crypto #Solana #sol #Binance
