Solana Price Targets Reinvigorated by Network Speed Boost
Solana has made significant improvements to its network with the introduction of faster blocks. The update reduces the target slot time from 300 milliseconds to 250 milliseconds, making the network's clock run almost 17% faster.
This change allows wallets, exchanges, and trading applications to have more current blockchain data, which is valuable for swaps, automated markets, and other applications that depend on real-time prices.
The improvement puts the $120 price target back within reach for Solana's SOL token. To achieve this, SOL needs to gain about $12 from its current level of around $108.
In related news, DigiTap is nearing the end of Round 4 of its presale, with more than 85% of the current allocation already sold. The next presale price for $TAP will be $0.0594, and buyers can enter the presale at the current price of $0.0589 before it ends.