SOL on the rise: 70% appreciation in 5 months, will it continue to shine after the technical update?

Question

The trend of SOL is brutal! 🚀 From $124 to $202. A spectacular rise. Impressive. Some regulators have just postponed the review of certain products until October. This raises doubts. Will SOL lose its momentum?

I have been in this world of digital assets for 5 years. And I always say: do not only look at the short term. It is a common mistake. Fundamental understanding seems more relevant for generating real profits. 🔑

"Alpenglow" Update: the engine that drives SOL

On September 1, SOL changed. And what a change. The confirmation time dropped from 13 seconds to 0.15. 85 times faster! 🌕 This means almost instant transactions. No more waiting. Slowness is a thing of the past.

The fascinating thing: voting transactions fell by 75%. They implemented a "burn mechanism". In the long term, this makes SOL scarcer. More valuable, perhaps. ✨

That said, something worries me. The speed is impressive, but it might sacrifice a bit of security. Like a Ferrari with ultra-sensitive brakes. It works well almost all the time, but in critical moments... who knows.

The platform now hosts over 3000 projects. In July, there were over 120 million transactions. A crazy amount of activity. 🔥

The game between regulation and institutions

This regulatory delay seems bad. It is not. Veterans know this. Bitcoin and Ethereum already have regulated products everywhere. Regulators are looking for something new and reliable. The SOL ecosystem seems like a promising candidate.

Recently, a large institution requested a SOL staking product. That same day, it rose by 14%. It's not a coincidence. Large funds are already looking at SOL. They are there, lurking. 👀

Will it keep rising? Three key points

Current position: $202. We haven't reached total frenzy yet. Not yet.
Key support: $195 is like a safety net. As long as it holds, SOL remains strong.
Red zone: $190 must not be broken. If it falls lower, we could see an ugly correction. ⚠️

October will be decisive! If they pass the audit and break $202, we could see $230 soon. If not, a consolidation between $195-202 is normal. Not alarming.

In the long term, that ecological fund of $1 billion starts to materialize. More developers arrive every day. The journey of SOL is just beginning. 🌈

Do you think SOL could enter the top 3 after this update? Is it better to wait for a correction or jump in now? Share what you think!