Article Summary
Solana (SOL) price increased by over 3% within 24 hours, consolidating within the $160-$180 range, after a 6% dip the previous day. This recovery followed the announcement of a major consensus protocol change by Solana-focused firm Anza. The change aims to optimize the network with improvements like Alpenglow’s Votor and Rotor, reducing network latency and finalizing blocks more efficiently. The total value locked in Solana protocols has increased from $7 billion in April to over $10 billion.
What This Means for You
- Be aware of the potential impact of the consensus protocol change on Solana’s network performance and security.
- Stay informed about the progress and benefits of the Alpenglow upgrade, which could be a positive factor for SOL’s value.
- Monitor the evolving regulatory landscape, such as the U.S. Senate’s Genius Act vote, which could influence the crypto market and Solana’s price.
- Keep an eye on Bitcoin’s resilience above $100,000, altseason anticipation, and potential Solana spot ETFs’ approval, which could indicate a bullish sentiment for SOL’s price.
Original Post
Solana price saw a slight uptick as the cryptocurrency market looked to hold onto recent gains, with the altcoin consolidating within a key range.
The price of Solana (SOL) rose more than 3% in the 24-hours, up from a 6% dump the previous day. Latest gains during early trading during the U.S. session on May 20, 2025, come as Solana-focused research and development firm Anza unveiled a major consensus protocol change.
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Key Terms
- Alpenglow, Votor, Rotor, Consensus Protocol, Solana-focused firm, Anza, Genius Act, Spot ETFs, Regulatory milestone, Stablecoins
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