Solana Price Surges Amid Alpenglow Upgrade and ETF Inflows

Solana's price has reached $121.46, up 0.75% in the last day. The asset is trading above its key moving averages, indicating ongoing bullish momentum across multiple timeframes.

The launch of Solana's Alpenglow upgrade on devnet and testnet aims to reduce transaction finality times to around 150 milliseconds. This upgrade demonstrates progress in protocol efficiency, which can enhance user experience and incentivize greater network usage, supporting demand for SOL.

Spot Solana ETFs in the US recorded $32.81 million in net inflows on September 25, pushing cumulative ETF assets to nearly $1.81 billion. This highlights steady institutional interest in Solana.