Today, Solana’s price has declined slightly by 1%, currently trading at 173.82 USD. The broader cryptocurrency market has experienced a 2.5% drop within the past 24 hours.
The upcoming Alpenglow upgrade aims to reduce transaction latency significantly, with predictions suggesting SOL could reach 300 USD by year-end. In addition, technical analysis indicates a possible increase to 200 USD by June 2025.
The Solaxy token presale has attracted significant attention, raising 41.5 million USD. As a new layer two solution for Solana, it promises low fees and fast transaction times, enhancing the ecosystem’s utility.
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