By Franklin Smith
Anatoly Yakovenko, Solana founder, comments on the Solana technology department’s progress via a September 27 tweet. He revealed that the project’s developmental progress has advanced as planned. Also, the Solana team upgrade the QUIC protocol.
Anatoly confirmed that users, bots, and wallets would begin to increase prioritization costs for transactions. Nevertheless, are these developments enough for Solana to forget its downbeat past?
SOL Advancements
It remains unclear whether the SOL team would accomplish its objectives on time. Nevertheless, the dedication to new updates and upgrades affected SOL’s development activity.
Santiment’s chart shows Solana’s development activity regained its pace over the last few days. That confirmed that developers have worked on SOL’s technology. Therefore, suggesting some actions in the correct direction.
A Lasting First Impression?
Though Solana has shown increased efforts to enhance the ecosystem’s technology, developers are yet to shift public opinion.
Santiment shows SOL’s weighted sentiment dropped beneath 0, standing at -0.342 during this publication. That indicated more negative stances toward Solana. Moreover, SOL has not recovered its public sentiment.
Furthermore, Solana has seen its social volume dwindling within the last few days. That showed a challenging time for Solana to confirm its presence as far as the social media landscape is concerned.
Though the altcoin hasn’t positively affected social media, its volume and market capitalization confirmed growth within the last few days.
Solana saw its volume increase from 685.5 million on September 21 to press time at 1.04 billion. Furthermore, Solana’s market capitalization dominance printed some growth. The metric noted a 9.94% surge within the previous month.
Also, Solana enjoyed impressive moves as Bitcoin climbed past $20K, soaring towards $34.65. despite the pro developments, it’s still unclear whether the price can overcome the resistance at $35.10. Nevertheless, the RSI (Relative Strength Index) highlighted a lucrative future for Solana.
The indicator confirmed buyer momentum, reading 63.36. Meanwhile, Solana investors interested in capitalizing should asses the token’s further developments. That would ensure better judgments before executing trades. Time will reveal everything.
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