Solana Price Hits Crucial Point in Rally Amid Alpenglow Upgrade and Tokenomics Changes
Solana's price is currently trading around $117.26, having climbed from around $64 to nearly $130.
An analyst sees this as a crucial point in Solana's rally, with key resistance levels at $132.93 and $160.42.
The SOL price is also testing the $110 level, which is the lower boundary of the chart's main resistance zone, extending up to $209.63.
The Alpenglow consensus upgrade could make Solana much faster, with finality targets of around 150 milliseconds.
Tokenomics changes, including a governance proposal to increase Solana's annual disinflation rate from 15% to 30%, may also influence the SOL price outlook.