Solana Price Falters Below Key Moving Averages Amid Ongoing Selling Pressure
Solana's price has been trading below its short- and medium-term moving averages, indicating selling pressure in both short- and medium-term horizons.
The protocol upgrade on September 18, 2026, which reduced target slot time to 250 milliseconds and increased block production frequency by nearly 17 percent, is expected to increase transaction throughput and utility for the network.
Institutional interest in Solana has persisted, with Solana ETFs registering twelve consecutive weeks of net inflows, reaching $1.42 billion in total assets and daily net inflows of $47.62 million.
The price action remains under broader selling pressure, with SOL trading below its MA-20 and MA-50 on the h1 chart, confirming selling pressure for both short- and medium-term horizons.