Solana Price Jumps as Daily Spot Trading Volume Surpasses Major Exchange

Solana's price surged to $120.75 on September 26, marking a 3.41% increase over the past 24 hours, according to CoinMarketCap data.

This uptrend comes as two separate network updates were implemented. The first update saw Solana's daily spot trading volume surpass a major exchange, ranking second overall in terms of trading activity. Meanwhile, the Alpenglow consensus upgrade went live on devnet, a test environment used before changes reach the main public chain.

The Alpenglow upgrade is designed to speed up how the chain reaches agreement on transaction order among validators, replacing the existing TowerBFT mechanism. This milestone marks an early testing stage and does not yet apply to the main public chain, meaning no user-facing change has taken effect yet.