Solana and Phylax are preparing to deploy significant protocol upgrades this month, targeting enhanced decentralized finance (DeFi) capabilities and improved network scalability. The anticipated improvements are forecasted to increase market activity, liquidity, and trading volumes across both ecosystems.
Historical data indicates protocol upgrades typically yield substantial market uplifts, as demonstrated by Ethereum and Polygon’s past volume increases of 35% and 28% respectively post-enhancement. Projections for Solana and Phylax suggest similar growth trajectories, with anticipated volume surges of 30% and 25% following their upgrades.
Institutional investors are escalating exposure to SOL and PHY tokens, citing the networks’ evolving DeFi utility and scalability improvements as catalysts for long-term growth. Major crypto funds report record inflows concentrated on ETH and SOL assets, underscoring market confidence in protocol upgrades driving ecosystem expansion.