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Solana Price Rally Continues Ahead of Transaction V1 Upgrade

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Solana's price has recovered from its recent pullback and is now trading near $106.50 after gaining about 3.1% over the past 24 hours.

The rebound comes ahead of the Transaction V1 mainnet launch on September 9, which will increase Solana's maximum transaction size from 1,232 to 4,096 bytes, allowing for larger cryptographic workloads.

Liquidity is building above the current market price, with a cluster around $115-$120 and a larger pool near $145-$150, according to technical data.

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