Solana traded at $109.41 on 27 August at 17:08 UTC, its highest level of the year. Bitcoin was hovering just below $80,000 at the same time. For the first sustained stretch in months, the larger asset is not setting the pace. The timing is not a coincidence. Solana's first formal on-chain governance vote closed at roughly 15:30 UTC on 27 August, at the end of epoch 1023. SOL cleared $109 within about two hours of that deadline, taking out the $102.70 level that had rejected it a day earlier.
SOL/USD chartHow far has Solana actually run?
$SOL has gained roughly 46% since mid-August, rising from near $75 to above $109.
The move has three distinct phases visible on the chart. Through late July and the first half of August, SOL held a tight range around $75, drifting slightly lower into the 7 August low. From 9 to 18 August it ground upward to about $78, still without much conviction. Then on 19 August the...
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