News analysis
Solana developers propose draft overhaul to address network risk, CryptoSlate reports
· By MyCryptoSignal Editorial · 332 words
CryptoSlate reports that Solana developers have put forward a draft proposal to overhaul part of the network's design and address a hidden risk that could disrupt it. The draft sets a common target, according to the report, while leaving starting-state trust, implementation testing and upgrade reviews to be addressed separately.
The proposal is a draft, not a deployed change. CryptoSlate's summary describes it as a major overhaul aimed at a risk the report calls hidden, one that could disrupt the network. The draft defines a common target, and the summary states that starting-state trust, implementation testing and upgrade reviews remain to be addressed.
The report was published on 5 November 2026 at 22:00 UTC, and no author is credited in the material available to us. CryptoSlate's summary does not name the developers involved, the specific mechanism at issue, or a timeline for the change.
Solana traded at $89.78 as of 09:17 UTC, down 6.99% over 24 hours, according to our collected data. The token has given back 7.85% over seven days and 24.50% over 30 days. Its 24-hour range ran from $88.35 to $96.85, and the RSI14 reading of 34 sits in the lower part of the scale with the trend marked down. Support is at $88.82 and resistance at $90.15, a narrow band around the current price.
The wider market is also lower. Total crypto market capitalisation stood at $2.4038 trillion, down 5.26% over 24 hours, with Bitcoin dominance at 63.4%. Bitcoin traded at $75,812, down 5.63% over the same window. Solana's 24-hour decline of 6.99% is steeper than Bitcoin's 5.63%.
Solana's draft proposal concerns network design, while its token sits near the lower end of its 24-hour range and below its 30-day starting point. The appendix shows support at $88.82, close to the day's low of $88.35, and resistance at $90.15. The source's facts describe a proposal at the draft stage, with testing and upgrade reviews still to be addressed.
Read the full story at CryptoSlate: https://cryptoslate.com/solana-developers-propose-major-overhaul-to-address-hidden-risk-that-could-disrupt-its-network
Data, not advice.
Source: CryptoSlate — see our editorial policy.