SO

Solana

SOL 24 Hour Move
+1.61%
$93.65 → $95.16

Why Solana is up 1.6% today

Analysis

Solana (SOL) rose 1.6% over the past 24 hours after reports that the network cut mainnet slot time to 350 milliseconds—an upgrade framed as the first step toward a 200ms target, which can be read as a positive signal for performance and scalability. Additional market attention came as traders discussed SOL “flirting with $100” amid competitive pressures, keeping sentiment constructive despite the mixed backdrop.

Contributing Factors (2)

#1
The Block Regulatory 2 days ago

Solana cuts mainnet slot time to 350 milliseconds in first step toward 200ms goal

The change should lead to faster transaction confirmations but is not designed to increase the overall throughput of the network. 

Confidence
77%
Read source
#2
AMBCrypto 2 days ago

Solana flirts with $100 despite rising competition – Can SOL unlock 20% more?

Will SOL bulls clear the 2026 price range next week or remain subdued?

Confidence
69%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $93.65
End Price $95.16
Change +1.61%
Detected Aug 23, 2026 10:25 PM

Explanation Confidence

74%

High confidence in the explanation based on source reliability and timing.