Solana launches a major network upgrade: How are the ecosystem and price $SOL reacting?

Today, news emerged of the deployment of another major upgrade to Solana’s infrastructure.
Despite overall market turbulence, the network continues to expand its technological capabilities.

📌 Key details about the release:
Throughput optimization:
The upgrade is aimed at improving parallel transaction processing and reducing latency.

DEX activity:
Despite SOL’s correction to around $98, on-chain activity on Solana’s decentralized exchanges remains among the highest in the market.

Developers:
The update improves validator stability during peak loads in the Memecoin/AI sectors.

📊 Trading setup (Short):
Entry Zone: $97.50 – $98.50 (the 1h/15m bearish Order Block and imbalance zone, with sales prioritized from the premium range).

TP1: $94.50 (intermediate support level / local BOS).
TP2: $92.50 (liquidity sweep below the impulse low).

SL: $99.50 (placed above the local structure and the boundary of the area of interest; a break above and price holding above this level would invalidate the bearish scenario).

#solana #sol #CryptoUpgrades #Web3 #Binance