Solana Price at $114: Feature Gate Activation Looms, Tax Implications in Focus
The Solana price stood at $114.55 on September 23, 2026, representing a 2.2% decrease from the previous day but still 17.7% higher than seven days ago.
This week's price movement is closely tied to two key events: the upcoming feature gate activation on September 28 and the tax implications of buying into the recent Solana rally.
The feature gate will enable the Alpenglow consensus overhaul, which aims to improve transaction finality from around 12.8 seconds to roughly 150 milliseconds and increase fault tolerance from 33% to 40%. To take advantage of this upgrade, delegators should ensure their validators are running a client version that supports the switch and check for any recent commission changes or high stake weight.
In addition to the network side, the Solana price has also been influenced by its inflation rate, which stands at 4.9%, with almost 70% of circulating supply locked up and unavailable in the short term.