Financial Trade Freedom - Investing and Stock News
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home Stock

Solana rises 1.59% to $169.19 as institutional interest lifts sentiment

admin by admin
May 21, 2025
in Stock
0
Solana rises 1.59% to $169.19 as institutional interest lifts sentiment
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Solana has risen 1.59% to $165.80 in the latest 24-hour trading window, recovering slightly from a 6% drop the day before.

Source: CoinMarketCap

The cryptocurrency continues to fluctuate within a key range of $160 to $180, as investors digest major technical changes and shifting institutional dynamics.

A consensus upgrade, dubbed Alpenglow, has just been introduced by a Solana blockchain infrastructure firm spun out of Solana Labs, Anza.

This protocol-level shift aims to replace the old Tower BFT and Proof of History consensus mechanism with a new dual system—Votor and Rotor.

These changes are intended to improve speed, finality, and reliability, especially as the ecosystem scales.

What Votor and Rotor can change

Alpenglow comprises two core components: Votor, which handles voting transactions and block finalization logic, and Rotor, a data dissemination protocol designed to replace Solana’s proof-of-history timestamping system.

Rotor aims to significantly reduce the time required for nodes to reach consensus on the network state.

According to researchers at Anza, “Alpenglow will shatter both these latency bounds,” with the project targeting true finality within approximately 150 milliseconds — a performance benchmark comparable to traditional internet infrastructure.

The Votor component will allow blocks to finalise in just one voting round if 80% of stakeholders are active, or in two rounds if at least 60% are responsive.

This shift is aimed at improving consensus efficiency across the Solana blockchain.

Meanwhile, Rotor is designed to reduce network latency by simplifying the existing turbine tree structure, resulting in “higher fanout, fewer layers, lower latency,” according to Anza.

These changes are considered essential for scaling the network’s performance without compromising decentralisation or speed.

Institutional push gains traction

Institutional momentum is building behind Solana. Galaxy Digital, led by Michael Novogratz, recently announced a partnership to bring tokenised equities onto the Solana blockchain.

This move could place Solana, which can be stored on a Solana wallet, at the forefront of linking decentralised finance with traditional capital markets.

However, regulatory delays persist. The US Securities and Exchange Commission has not yet approved several Solana spot ETF applications.

While this has dampened short-term optimism, it hasn’t reduced interest among investors.

The broader backdrop remains favourable, especially after the US Senate approved a key vote on the ‘Genius Act,’ a proposed bill to regulate stablecoins.

If enacted, the legislation could provide clarity for crypto markets and enable more institutional involvement.

Price trends and market signals

From a technical standpoint, chart analysts have pointed to a falling wedge pattern forming on Solana’s 4-hour chart.

This is often considered a bullish signal and may indicate the potential for a price rebound.

Still, traders are watching the $180 to $190 resistance range closely, as this has previously capped gains during upswings.

Meanwhile, large-scale SOL transfers from Binance wallets to addresses linked with Wintermute and other exchanges have raised some questions.

Although millions of dollars worth of SOL have changed hands, the token continues to hold key support levels.

The broader market environment is also supportive.

Bitcoin remains resilient above $100,000, and forecasts suggest a potential climb to $150,000 or even $200,000 in 2025.

This could provide a bullish tailwind for Solana and other major altcoins.

The post Solana rises 1.59% to $169.19 as institutional interest lifts sentiment appeared first on Invezz


Previous Post

Google’s smart glasses bet with Warby Parker could also benefit this other eyewear maker

Next Post

Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

Next Post
Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

  • Trending
  • Comments
  • Latest
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025
KFC moves U.S. headquarters from Kentucky to Texas

KFC moves U.S. headquarters from Kentucky to Texas

February 19, 2025
How Companies Use Derivatives To Hedge Risk

How Companies Use Derivatives To Hedge Risk

February 19, 2025
CDC eyes narrower COVID-19 vaccine guidance ahead of 2025–2026 season

CDC eyes narrower COVID-19 vaccine guidance ahead of 2025–2026 season

April 15, 2025
M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?

M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?

0
Retail sales slumped 0.9% in January, down much more than expected

Retail sales slumped 0.9% in January, down much more than expected

0
Denny’s set to close dozens more locations this year, though some openings planned too

Denny’s set to close dozens more locations this year, though some openings planned too

0
Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

0
M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?

M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?

May 21, 2025
As Luminar stock price implodes, is it safe to buy the LAZR dip?

As Luminar stock price implodes, is it safe to buy the LAZR dip?

May 21, 2025
Asian stocks close mostly higher: Hang Seng up 0.5%, Nifty snaps losing streak

Asian stocks close mostly higher: Hang Seng up 0.5%, Nifty snaps losing streak

May 21, 2025
Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

May 21, 2025

    Get Smarter with Your Money – Sign Up for Free Financial Tips!


    Join our community of savvy savers and investors! By signing up, you'll receive weekly emails packed with personalized financial tips, budgeting hacks, and investment strategies tailored to your income level. Take control of your finances today – it’s free and only takes a minute!

    Recent News

    M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?

    M&S cyber attack: share price falls as retailer says hack to cost £300 mn; should you buy the dip?

    May 21, 2025
    As Luminar stock price implodes, is it safe to buy the LAZR dip?

    As Luminar stock price implodes, is it safe to buy the LAZR dip?

    May 21, 2025
    Asian stocks close mostly higher: Hang Seng up 0.5%, Nifty snaps losing streak

    Asian stocks close mostly higher: Hang Seng up 0.5%, Nifty snaps losing streak

    May 21, 2025
    Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

    Palo Alto Networks post-earnings decline: a short-term setback for long-term gains?

    May 21, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved