Solana Price Set To Catch Up After Record October, RSI Signals Reversal

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana just wrapped up the biggest month in its history. A brand-new consensus engine, blocks twice as fast, record tokenized assets and a wave of Wall Street and payments partners all landed in October. The price has not caught up yet. SOL is trading around $89.25 after this week’s market-wide sell-off dragged it below $90. But with the network’s fundamentals at all-time highs, that gap may not last long. Historically, upgrades this big tend to get priced in once the broader market stabilizes. And the chart is already hinting that the turn could be close. Solana’s October In Numbers The Solana Foundation summed up October as “a month of records across network speed, tokenized assets, payments, and institutional access” in a recap thread on X. Source: @solana (x.com) Here is what changed: Faster blocks: On Oct. 9, the final stage of SIMD-0525 cut Solana’s target slot time from 400 milliseconds to 200 milliseconds. New consensus engine: On Oct. 21, Alpenglow replaced TowerBFT on mainnet, targeting finality of around 150 milliseconds, down from roughly 12.8 seconds. The switch happened...