News
Solana Rally Shows Signs of Exhaustion
Solana's rally in October has slowed down as ETF inflows have slowed. The token is currently trading near the top of a key trading range, with support levels at $114 to $117. A break below $114 could send SOL toward the $105 to $110 range, while a break above $124 to $125 could shift momentum back toward buyers. Technical analysts view $148 as a possible upside target following a confirmed breakout, but this remains conditional and depends on the support holding firm. Solana developers have made progress with the Alpenglow consensus upgrade, which aims to improve confirmation speeds.