Solana Price Set To Catch Up After Record October, RSI Signals Reversal
Summary
Solana made major October upgrades: target slot time fell from 400 to 200 milliseconds, and the Alpenglow consensus engine launched, targeting roughly 150-millisecond finality. Tokenized real-world assets reached $5 billion, DEX volume was about $60 billion, and firms including J.P. Morgan, Samsung Wallet, Fiserv and Western Union added integrations. SOL nevertheless traded near $89 after a broader market sell-off, while Solana ETFs saw 12 consecutive sessions without net inflows. The piece argues that rising RSI amid falling prices may signal a reversal, but presents this as a technical possibility, not confirmation. It identifies $90 and $95 as near-term resistance, with $86 and $80 as support levels.
