Solana Aims for New All-Time High as Fundamentals and Technicals Converge

Solana's price trajectory points toward record-breaking territory as network fundamentals align perfectly with bullish technical indicators.

Network Activity Surges

Daily active addresses hit unprecedented levels while transaction volumes continue climbing—developer activity on the network hasn't slowed despite recent market volatility.

Technical Breakout Pattern

The charts show a clear ascending triangle formation with consistent higher lows, suggesting institutional accumulation beneath retail radar. Resistance levels keep getting shattered like outdated banking systems.

Institutional Adoption Accelerates

Major trading firms and asset managers keep adding SOL exposure—because nothing says 'modern portfolio' like outperforming traditional assets while Wall Street analysts still debate whether crypto is 'real.'

Market momentum builds as Solana's ecosystem expands faster than regulatory clarity can keep up. The network keeps processing transactions while legacy finance still debates settlement times.

Alpenglow upgrade to boost SOL price

Solana is also working on the Alpenglow upgrade that will introduce new features to accelerate its growth. One of the most notable features will be the transition from the current proof-of-authority model to proof-of-stake.

The new Solana will also have a substantially higher throughput, with finality slashed from 12 seconds to between 100 and 150 milliseconds. Transactions per second will surge to about 107,000.

This growth will be notable as Solana is the most active player in the blockchain industry, with Nansen data showing that it handled over 1.9 billion transactions in the last 30 days, much higher than other popular chains like Ethereum, Sui, Cardano, and Polygon.

Most notably, the latest data shows that Solana is becoming a major player in key industries like trading, stablecoin settlements, and real-world asset tokenization. For example, Solana is closing the gap with Nasdaq on the number of trades settled per day.

I was today years old when I learned that @solana is within striking distance of surpassing Nasdaq on trades settled in a day pic.twitter.com/Sj7O1zQekv

The other key fundamental is that companies are building SOL treasuries. CoinGecko data shows that these companies now hold coins valued at over $3 billion, a trend that may continue to grow.

Solana treasury companies are different from those holding Bitcoin because of its staking feature. This means that these companies are actively generating an annual return of about 8% from their staked assets.

Solana price technical analysis points to more gain

The daily timeframe shows that the SOL price has highly bullish technicals. It remains above all moving averages, while the Average True Range has increased, a sign that SOL price is gaining momentum.

Top oscillators like the Relative Strength Index and the MACD have continued to rise. Therefore, this momentum will continue until the SOL price advances to the all-time high of nearly $300.