Solana
Why Solana is up 1.1% in the last hour
Analysis
Solana (SOL) ticked up about 1.1% over the past hour as traders reacted to news of a protocol upgrade that improves network speed and performance. Decrypt reported that Solana βjust got faster,β a development that can be read as constructive for sentiment around SOL given its focus on high-throughput execution.
Contributing Factors (1)
Solana Just Got FasterβIs It Bullish for SOL?
Solana has activated the first reduction in its block timing since launch, speeding up transactions on the network.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.