Solana
Why Solana is up 3.7% today
Analysis
Solana (SOL) rose 3.7% over the past 24 hours as network-related catalysts improved sentiment, including reports that the Solana validator client v1.18 reached roughly 85% consensus stake, signaling broad adoption of the upgrade among validators (Bitcoinist). Activity-focused coverage also highlighted Solana βflippingβ Base in x402 activity, reinforcing a narrative of accelerating on-chain usage (AMBCrypto).
Contributing Factors (3)
Solana, XRP, Ethereum ETFs in Red as Bitcoin ETF Adds $100 Million
Bitcoin ETFs attracted more than $100 million in fresh inflows as Ethereum, XRP and Solana funds slipped into the red.
Solana Validator Client v1.18 Hits 85% Consensus Stake
Read the latest update on Solana Validator Client v1.18 Hits 85% Consensus Stake.
SOL crypto picks up pace as Solana flips Base in x402 activity
x402 activity is way past the competition, and Solana is August's app revenue leader too!
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.