#Solana行情走势解读 SOL swings between death cross and Alpenglow upgrade: 150ms showdown against 130U support level **Technical indicators are alarming, but don’t rush to clear your positions** Solana’s current awkward situation is reflected in the K-line—MACD shows a death cross above the zero axis, a signal that seasoned traders understand: the bulls are exhausted, and the market is about to adjust. SOL’s rally in 2025 was indeed fierce, but early 2026 saw a pretty harsh correction. That’s the technical story, but it’s not the whole story. **Alpenglow upgrade is the real trump card** The technical charts look bleak, but Solana’s fundamentals have strong support—Alpenglow upgrade. The core of this upgrade is two words: speed. What does a 150-millisecond confirmation speed mean? Compared to ETH, SOL can leave several lengths behind. If the upgrade proceeds as scheduled in the first quarter, high-frequency trading firms (these HFT players are loaded) will flood in, and this influx of capital can directly suppress sell pressure on the technical side. **How traders should play** The current situation is: only a break below can lead to a breakout. The 130U line must not be lost; losing it means testing support below 130U, possibly down to 100U or even lower. But if it holds, combined with positive ETF news, SOL could challenge its previous high by the end of 2026. Traders know that although volatility is intimidating, the risk-reward ratio near support levels is truly worth betting on. Right now? It’s not the time. Wait until it retraces to a better entry point.

#Solana行情走势解读 Solana Recent Market Analysis Highlights Technical levels to watch: in the short term around $160; if it can hold above the 200-day moving average, there’s a chance to reach $200. But what truly determines the future trend are these fundamental supports— **Institutional Capital Inflows** Morgan Stanley recently filed for a Solana spot ETF, which significantly boosts market confidence. Existing products like Bitwise’s BSOL are performing well, with an annualized staking yield of up to 6.75%, making it attractive for long-term holders. Increasing activity from institutions is a clear bullish signal. **Ecosystem Transition from Speculation to Practical Use** This shift is crucial. Traditional financial institutions like Western Union are planning to build stablecoin settlement platforms based on Solana in the first half of 2026, indicating on-chain applications are moving from conceptual hype to real-world scenarios. The growth of RWA (Tokenized Real Assets) further illustrates this—by the end of 2025, the on-chain RWA scale has reached $873 million. Tokenized US Treasuries and similar assets are becoming the main choices for institutions to bring assets on-chain. **Ambitions for On-Chain Trading Ecosystem** Industry insiders generally expect that by 2026, Solana’s spot and perpetual contract trading volumes will compete with leading centralized exchanges, and may even surpass them. This reflects strong expectations for the development of its decentralized trading system. From technical indicators to ecosystem development, all dimensions are signaling positivity.

#Solana行情走势解读 The recent network upgrade of Solana far exceeds what many people imagined in significance. Let's start with the most intuitive — a 150-millisecond transaction confirmation time. This may sound like a numbers game, but it actually breaks the previous understanding of on-chain transaction speeds. When on-chain latency drops below human reaction speed, high-frequency trading becomes truly possible on decentralized exchanges for the first time. This is not theory; it’s practical. What does this directly mean? It means the demand for SOL as gas fees will be forcibly driven up because all these transactions require burning SOL. Recently, many people have been tangled up in technical charts — like MACD death crosses or high-leverage liquidations. But what is often overlooked is that before major upgrades, the market usually undergoes a wave of cleansing. Historical data repeatedly confirms: high-leverage speculators will be swept out, which is normal chip turnover. The range oscillating between $130 and $150 is actually where large institutions are quietly building positions. For small investors, instead of risking their lives with 45x leverage, it’s better to focus on high-quality meme coins or lending protocols within the Solana ecosystem, which have more genuine growth logic. Looking at the long-term picture, the SEC’s latest attitude in early 2026 indicates that the probability of SOL spot ETF approval is significantly increasing. If Solana truly completes its transformation from a retail gambling platform to an institutional infrastructure by the end of 2026, then challenging Ethereum’s market cap position won’t be just a dream. Don’t forget, Solana is currently at a critical point of shifting from a speculative tool to real infrastructure. This process will be noisy, but the direction is very clear.