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[ cgi-bin ]		02 Apr 2025, 10:41	5803	0755	Zip \| Hapus
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CoinGape 2025-03-31 12:37:26

Will a New Solana Network Upgrade Trigger 150% Gains for SOL Price in Q2 2025?

The Solana community is deliberating a new network upgrade to bolster scalability, which might also bode well for SOL price in Q2 2025. Solana, just like Bitcoin and most altcoins faced bearish turbulence in the first quarter, with SOL posting a 40% decline during the period. Will a Network Upgrade Trigger Gains for Solana Price In Q2 2025? The Solana community is considering rolling out a new network upgrade that will make the blockchain more scalable, and aid a SOL price rally in the second quarter of 2025. According to the discussions on Github , the community is proposing increasing the block limits from 48M Compute Units (CUs) to 60M CUs. This proposal will allow for more transactions to be included per block, thereby increasing speed and efficiency. The Solana blockchain proof-of-history consensus model plays a major role in reducing fees and improving speed. At press time, SOL’s transaction per second (TPS), also a measure of network scalability stood at 4,167 TPS, notably higher than Ethereum’s 15 TPS. Solana’s scalability has bolstered institutional adoption. Recently, tokenization platform Securitize attributed BlackRock’s SOL adoption to its “high throughput, low costs, and scalability.” With this network upgrade, there is bound to be higher adoption of the Solana blockchain, which will bode well for the price and drive an uptrend in Q2 2025. This hints at a bullish Solana price prediction in the coming months. Solana Technical Analysis as SOL Eyes 150% Gains in Q2 2025 Solana price trades at $123 at press time with a slight 1% decline in 24 hours. Traders seem to not be giving up on SOL despite the bearish pressure in the broader market as it successfully defends levels above $120. The 1-hour Solana price chart shows that SOL has entered consolidation in the range of between $123 and $126 after a steep downtrend. The downtrend paused in this range, indicating that it could be a demand zone. The volume profile bars are longer within this consolidation zone, which is also a sign that buyers are accumulating at these price levels. If the RSI, which stands at 45 at press time, moves back above 50, it will confirm a bullish momentum. This might cause a bullish breakout, which will push SOL price towards $147, which will then support a continuation of the bullish trend towards the $300 price level. SOL/USDT: 1-hour Chart If the Solana community reaches a consensus on this network upgrade, its rollout could spark a massive 150% price gain. Therefore, this upgrade may be the catalyst that pushes Solana to $300 in Q2 2025. However, Solana risks a 50% crash if it breaches the lower trendline of an ascending triangle. This might push SOL below $100 to $60. The post Will a New Solana Network Upgrade Trigger 150% Gains for SOL Price in Q2 2025? appeared first on CoinGape .