SO

Solana

SOL 24 Hour Move
+5.87%
$100.22 → $106.10

Why Solana is up 5.9% today

Analysis

Solana (SOL) rose 5.9% over the past 24 hours as traders reacted to progress on performance upgrades, with CoinDesk reporting the network sped up block times by 17% (even if overall transaction capacity is unchanged). Sentiment also appeared supported by signs of strong on-chain activity and demand, as AMBCrypto noted SOL holding the $100 level while VIDAx volume on-chain ran far above exchange levels.

Contributing Factors (3)

#1
CoinDesk Regulatory 4 hours ago

Solana speeds up blocks by 17%, but transaction capacity stays the same

The network is cutting its target slot time to 250 milliseconds, giving apps fresher blockchain data and validators shorter control windows while reducing the amount of work allowed in each slot.

Confidence
85%
Read source
#2
AMBCrypto ETF Flows 13 hours ago

Solana price holds $100 as VIDAx volume on-chain hits 12.6x exchange levels

ETF flows are also positive.

Confidence
81%
Read source
#3
U.Today Protocol Upgrade 1 day ago

Solana Speed Upgrade Enters Final Stretch, Key September Date Ahead

The upgrade will allow Solana users to have faster confirmation times for their transactions.

Confidence
75%
Read source

Move Details

Asset Solana
Symbol SOL
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $100.22
End Price $106.10
Change +5.87%
Detected Sep 18, 2026 9:00 AM

Explanation Confidence

82%

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