SOL Surges Over 18% on Updates from Solana Breakpoint 2023
The Solana Breakpoint 2023 event, alongside several ecosystem updates, has been the driving force behind SOL's 18% increase over the past 48 hours.
SOL Grows on Updates from Solana Breakpoint 2023
Ahead of this year's Solana Breakpoint event in Amsterdam, the event's X account announced several significant developments within the ecosystem, including:
- Launching Firedancer, a Solana client validator, onto the testnet.
- Announcing Solana Breakpoint 2024 in Singapore.
- Deploying nodes on Amazon Web Services.
Solana Breakpoint is an annual conference that gathers a diverse community supportive of Solana. This year's event includes over 300 discussions and workshops, spanning 5 days from October 30 to November 3.
We’re only a few hours into Solana #Breakpoint2023 and we’ve already had:
— Solana Breakpoint ☀️ SINGAPORE Sept. 20-21, 2024 (@SolanaConf) October 31, 2023
🔥@jump_firedancer live on testnet
☀️#Breakpoint2024 Singapore announced
☁️Solana nodes are now available for quick deployment on AWS
And we're just getting started with 300+ total panels, talks, &… pic.twitter.com/P7q4VXoeTg
With such strong developmental momentum, SOL's price has reacted positively, rising 18% since Breakpoint began and increasing by 23% over the week. SOL is currently priced at $38.37, marking one of the clearest growth trends among coins during the recent "Uptober" phase.
1D chart of SOL/USDT captured at 10:55 AM on November 1 on Binance
Solana's ecosystem has also received positive market sentiment recently, highlighted by investment fund VanEck's prediction that SOL could reach over $3,200 by 2030.
