Solana Governance Vote Boosts Network Speed by 25%
Solana (SOL)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Solana has completed its first binding onchain governance vote, a move that has directly increased network efficiency. The vote formalized new governance rules and resulted in a 25% reduction in target slot time, bringing it down to 300 milliseconds. This technical improvement is described as a notable step toward enhancing transaction speed on the blockchain.
The Twitter account @solana highlighted that these changes underscore the network's ongoing commitment to innovation and user experience. Such upgrades are expected to attract more users and projects to the Solana ecosystem. The network is currently solidifying its position as a leading blockchain platform through these consistent strides.
Institutional interest is also growing, evidenced by Charles Schwab’s announcement to integrate SOL into its offerings. Additionally, Bitwise’s Solana Staking ETF has surpassed $1 billion in assets under management. This financial milestone showcases increasing confidence in Solana’s potential among investors.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 30 August 2026. Not the outlet's figures.
Solana is currently trading at $105.61 with a 24-hour spot volume of $150,292,677. Buying pressure appears to be building, as the 1-hour buy ratio of 54.8% and the 4-hour ratio of 57.2% both exceed the 24-hour average of 54.4%. This indicates that recent traders are favoring purchases more aggressively than they have over the full day. The Volume Delta supports this trend, showing a positive flow of +$13,136,167 over the last 24 hours. In plain terms, this means buyers have been more aggressive than sellers, pushing the net flow into positive territory. Over the past 24 hours, there were 13 hours of net buying out of 24, with a total of 532,121 trades recorded.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Twenty-four hours later
What SOL did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Compared to the preceding week, today’s activity shows a buy ratio of 54.4%, which is 2.4 points higher than the 7-day average of 51.9%. However, the current 24-hour volume is only 0.32 times the weekly average, indicating significantly lower trading activity than usual. This suggests that while sentiment is slightly more bullish than the weekly norm, the actual volume is subdued. Over the past eight days, the price has increased by 12.6%, with a total Volume Delta of +$134,158,796. Net buying occurred on 6 of the past 7 days, showing a consistent but currently quieter market dynamic.