Solana Protocol Upgrades Could Influence Market Dynamics Amid Institutional Interest
Main Idea
Solana and Phylax are launching major protocol upgrades in August 2025 to enhance DeFi functionality and network scalability, which is expected to increase market activity and institutional interest.
Key Points
1. Solana and Phylax's protocol upgrades in August 2025 focus on improving network scalability and DeFi functionalities.
2. The upgrades are projected to boost trading volumes and liquidity, similar to past upgrades on Ethereum and Polygon which saw significant increases in TVL and trading activity.
3. Institutional investors are showing increased interest in SOL and PHY due to their enhanced DeFi capabilities and potential for market growth.
4. Historical data shows that protocol upgrades on Ethereum and Polygon led to trading volume increases of 35% and 28% respectively, with Solana and Phylax projected to see 30% and 25% increases post-upgrade.
5. Experts highlight record inflows to crypto funds, with ETH and SOL being key focuses, signaling growing confidence in upgraded protocols as market catalysts.
Description
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