SOL Eyes $3,500 Target as Solana Smashes Blockchain Speed Record at 107,664 TPS ⋆ ZyCrypto

Solana Continues its Parabolic Rally into the New Week As Apple Rumors Fuel SOL's Rise

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Solana (SOL) has shattered blockchain records, hitting 107,664 transactions per second (TPS) in a single block, the fastest throughput ever. 

This milestone cements Solana’s dominance in speed and scalability, proving it can handle real-world mass adoption at scale.

Transaction throughput has long limited blockchain adoption, with Bitcoin and Ethereum averaging under 20 TPS and facing congestion and high fees at scale.

Therefore, Solana’s record-breaking 107,664 TPS proves decentralized networks can now rival, and even surpass, the speed once reserved for centralized systems.

Is Solana Eyeing the $3,500 Zone?

Market analyst Cryptodonia suggests Solana could be on the verge of a historic breakout. On the 2-month chart, SOL is shaping a multi-year cup-and-handle pattern — a bullish setup often preceding explosive rallies.

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The critical level to watch is $215. A decisive breakout above this resistance, according to Cryptodonia, could pave the way for Solana to surge toward $3,500, a potential 19X rally from the current price of $198.76.

The cup-and-handle is a classic bullish pattern signaling the continuation of a long-term uptrend. The cup marks recovery from a major decline, while the ‘handle’ shows consolidation before liftoff.

For Solana, this multi-year formation suggests a breakout could carry massive upside if confirmed.

Meanwhile, renowned market expert Ali Martinez predicts that SOL is gearing up for a major breakout, with the 6th-largest cryptocurrency by market cap eyeing a potential run toward $1,315.

Therefore, major signs indicate that Solana’s bullish momentum is accelerating, with its upside potential looking virtually limitless.



Source: https://zycrypto.com/sol-eyes-3500-target-as-solana-smashes-blockchain-speed-record-at-107664-tps/