{"id":179,"date":"2025-05-20T16:01:32","date_gmt":"2025-05-20T16:01:32","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-rises-3-as-bulls-eye-new-momentum\/"},"modified":"2025-05-20T16:01:33","modified_gmt":"2025-05-20T16:01:33","slug":"solana-price-rises-3-as-bulls-eye-new-momentum","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-rises-3-as-bulls-eye-new-momentum\/","title":{"rendered":"Solana price rises 3% as bulls eye new momentum"},"content":{"rendered":"

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Solana price saw a slight uptick as the cryptocurrency market looked to hold onto recent gains, with the altcoin consolidating within a key range.<\/p>\n

The price of Solana (SOL) rose more than 3% in the 24-hours, up from a 6% dump the previous day. Latest gains during early trading during the U.S. session on May 20, 2025, come as Solana-focused research and development firm Anza unveiled a major consensus protocol change.<\/p>\n

While SOL signalled the potential for a bearish flip when price broke below the $170 level, buyers have held above $165.\u00a0<\/p>\n

The broader picture is that the altcoin\u2018s price remains within the $160-$180 range, which previously held as bulls recovered to rally to highs near $260. Meanwhile, total value locked in protocols on Solana has increased from lows of $7 billion in April to above $10 billion.\u00a0<\/p>\n

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On May 19, Anza introduced<\/a> Alpenglow, deemed the largest Solana Protocol consensus switch. <\/p>\n

Key to Alpenglow is the change from the Tower BFT and Proof of History consensus protocol to Votor and Rotor.\u00a0<\/p>\n

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\u201cVotor finalizes blocks in a single round of voting if 80% stake is participating, and it finalizes in two rounds of voting if 60% of stake is responsive. Rotor is flattening the turbine tree to reduce network latency. Higher fanout, fewer layers, lower latency,\u201d Anza wrote.<\/p>\n<\/blockquote>\n

Bitcoin (BTC) resilience above $100,000 amid predictions of a run to $150,000\u2013$200,000 in 2025, along with forecasts of an altseason, suggest a broadly bullish sentiment for SOL.<\/p>\n

Solana\u2019s positive outlook has also been buoyed by anticipation around crypto spot exchange-traded funds. The U.S. Securities and Exchange Commission delaying a decision on multiple Solana spot ETFs has\u2019nt dampened the anticipation.<\/p>\n

Adding further to the sentiment is a recent regulatory milestone: the U.S. Senate passed a key vote advancing the \u2018Genius Act.\u2019 Experts say the bill, which aims to regulate stablecoins, now has a high chance of being adopted into law.<\/p>\n

Solana\u2019s price stands to benefit from any tailwinds arising from these developments. Network growth, as hinted at by the latest protocol upgrade, may also contribute to this broad bullish potential.<\/p>\n

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Solana price saw a slight uptick as the cryptocurrency market looked to hold onto recent gains, with the altcoin consolidating within a key range. The price of Solana (SOL) rose…<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=179"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/179\/revisions"}],"predecessor-version":[{"id":181,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/179\/revisions\/181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}