Solana Price Prediction: Developers Propose 66% Block Expansion – Is SOL Gearing Up for Institutional-Scale Adoption?

Key Points

1. The SIMD-0286 proposal plans to raise Solana’s per-block compute limit by 66%, addressing scalability to support institutional demand.

2. Solana’s previous block limit increase (SIMD-0256) helped sustain ~1,700 TPS during peak hours, but further expansion could align it with traditional exchanges like NASDAQ (10,000-20,000 TPS).

3. The CLARITY Act, expected around October, may resolve regulatory uncertainties, further supporting SOL’s institutional adoption.

4. Solana’s ecosystem projects, such as Snorter ($SNORT), are gaining traction with features like MEV-resistant swaps and staking rewards (173% APY), raising $2.4M in presale.

5. SOL’s price shows potential for a rebound, with support at $176 (Fibonacci retracement) and resistance levels indicating a possible 64% breakout to $300.