DeFi· ★★★· bullish·

Solana rises 6% to $106 after network upgrade cuts block time to 250 ms

  • —SOL rose about 6% over 24 hours and is trading near $106
  • —Block time was cut from 300 to 250 ms, making the network 17% faster
  • —Millions of dollars in shorts were forcibly closed on Binance, OKX and Bybit
  • —The block time target is 200 ms; this is the second upgrade in a week
Why it matters: The network speedup and short squeeze boosted demand for SOL; holding above $100 could open the way for further gains.
#SOL
Source: Crypto Insiders
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