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Solana Crypto Launches Major Upgrade on Mainnet as Bulls Target $80 SOL Price Retest
Solana completed a major mainnet upgrade that raised block capacity by 66%, while traders defended a key price support level and are targeting a retest of the $80 SOL price.
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What happened
Solana completed a major mainnet upgrade that raised block capacity by 66%, while traders defended a key price support level and are targeting a retest of the $80 SOL price.
Confirmed
Global impact / market context
Increasing block capacity improves network throughput, reducing fees and delays, which makes Solana more attractive for developers and traders. Stronger price support signals market confidence, potentially encouraging further investment and ecosystem growth.
Confirmed
The upgrade arrives as overall cryptocurrency markets show renewed strength, with investors seeking higher‑growth assets. This broader bullish backdrop supports optimism that Solana’s price could climb toward the $80 level.
Confirmed
What to watch
- If the higher block capacity leads to faster transaction processing, decentralized applications on Solana may attract more users, potentially boosting demand for SOL tokens. Analyst inference
- Watch for SOL price movements around the $80 level; a successful retest could trigger further buying, while failure might cause short‑term volatility. Proposed
- Monitor other blockchain upgrades and network congestion metrics, as comparable improvements could influence investor sentiment toward Solana relative to competing platforms. Analyst inference
Affected assets
- SOL — Solana