Solana, the open-source blockchain known for its high-speed performance, has just made a major move to boost its scalability. The network raised its block capacity by 20%, signaling stronger infrastructure and future growth. However, despite this technical leap, the Solana price has dropped nearly 10% as traders book profits.
So, what’s next for SOL?
The Solana Foundation confirmed that it has increased its block limit from 50 million to 60 million Compute Units (CU). The upgrade was enabled through the SIMD-0256 proposal, led by validator Andrew Fitzgerald and widely supported by the Solana community.
This boost in network throughput allows Solana to process more transactions per block, helping developers build high-traffic apps, especially in DeFi and gaming. With fewer delays and lower transaction fees, Solana strengthens its position as a top Ethereum competitor.
There’s also growing momentum to further scale Solana blocks to 100 million CU by year-end if performance remains stable.
Alongside this, MoonPay added fresh energy by rolling out liquid staking for SOL holders. Now, people staking SOL through MoonPay can earn an 8.49% yield and get a special token called mpSOL.
This token can earn rewards while staying flexible for trading.
Despite the strong fundamentals, SOL Price today dropped 10% trading at $184. Analysts warn that profit-taking could lead to more selling.
Some also warn that SOL might dip further towards $162 if traders keep selling. A break below that level would worry bulls, but holding above $190 could calm fears.
Even with this price dip, big investors remain interested. A Solana staking ETF recently crossed $100 million in volume. On-chain activity remains strong, and if SOL breaks above $200 again, traders are eyeing $220 next.
The upgrade allows Solana to process more transactions per block, improving speed and reducing delays in DeFi and gaming apps.
mpSOL is a liquid staking token from MoonPay that lets SOL holders earn 8.49% yield while keeping their assets tradable.
Despite the upgrade, SOL dropped 10% due to profit-taking by traders; analysts warn of a possible dip to $162 if selling continues.
If SOL breaks above $200 again, traders are watching $220 as the next major price target amid strong on-chain activity.
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