Solana's mainnet upgrade to v1.18.15 is set to go live, and traders are eagerly awaiting the potential impact on the SOL price. Will the upgrade help trigger a SOL price rally to $250?

Solana's Mainnet Upgrade

Solana's mainnet upgrade is designed to resolve congestion issues on the network, which have been exacerbated by the recent launch of Solana-based meme coins. The upgrade will include key changes such as an update of Bump version to v1.18.15, the addition of certificate authority (ca) certificates to the docker image, and bugfixes for clean_queue and threshold failures.

SOL Price Rally

The SOL price has been trading steadily, with a 1% increase in the past 24 hours. However, the trading volume has decreased by 20% in the last 24 hours, indicating a lack of interest from traders at present. Analysts believe that the SOL price can hit new all-time highs this bull run, with a potential rally to $250.

Previous Updates and Issues

Previous updates have caused issues on the network, and developers and validators are bracing for the upgrade. Validators are asked to update when there's less than 5% delinquent stake and report any issues while monitoring the nodes.

Conclusion

The Solana mainnet upgrade to v1.18.15 is set to go live, and traders are eagerly awaiting the potential impact on the SOL price. Will the upgrade help trigger a SOL price rally to $250? Only time will tell, but one thing is certain - the upgrade is a much-awaited event that could have a significant impact on the SOL price.