Tonight, 3 things about SOL:
1) The price is stuck at $102. Over the past 30 days it’s up 39%, but in the last 24 hours it’s down another 0.8%. This isn’t a trend—it’s high-level digestion. In the day it just swings between $101.8 and $105, with a range of less than 3%. Neither bulls nor bears have made up their minds.
2) The technical tempo hasn’t stopped. On August 28, the mainnet squeezed slot time from 400ms to 300ms—two steps over two months. Blocks are coming out faster, and latency is being pushed even lower. On September 9, Transaction V1 is activated: single-transaction capacity is loosened, ZK proofs can be packed into a single transaction, and even complex operations can be sent directly. The roadmap next targets 250ms, then 200ms. The pace is changing, but the TPS ceiling hasn’t increased.
3) Volume and price are decoupled. In the last 24 hours,成交 is $2.96 billion, market cap is $59.6 billion, ranking 7th. On-chain trading activity is still fairly hot; meanwhile it’s still 65% away from the ATH of $293—price hasn’t kept up. Stuck in the middle: no upside catalyst, no downside reason. It just hangs there.
Up and down—so we’ll see and take it as it comes.
1) The price is stuck at $102. Over the past 30 days it’s up 39%, but in the last 24 hours it’s down another 0.8%. This isn’t a trend—it’s high-level digestion. In the day it just swings between $101.8 and $105, with a range of less than 3%. Neither bulls nor bears have made up their minds.
2) The technical tempo hasn’t stopped. On August 28, the mainnet squeezed slot time from 400ms to 300ms—two steps over two months. Blocks are coming out faster, and latency is being pushed even lower. On September 9, Transaction V1 is activated: single-transaction capacity is loosened, ZK proofs can be packed into a single transaction, and even complex operations can be sent directly. The roadmap next targets 250ms, then 200ms. The pace is changing, but the TPS ceiling hasn’t increased.
3) Volume and price are decoupled. In the last 24 hours,成交 is $2.96 billion, market cap is $59.6 billion, ranking 7th. On-chain trading activity is still fairly hot; meanwhile it’s still 65% away from the ATH of $293—price hasn’t kept up. Stuck in the middle: no upside catalyst, no downside reason. It just hangs there.
Up and down—so we’ll see and take it as it comes.
