Solana Token Breaks Through $110 Barrier, Eyes $133 Resistance

Solana's SOL token has successfully broken through the $110 price barrier after weeks of resistance, marking its strongest performance in eight months.

The token has reclaimed its 200-day moving average on the weekly timeframe and touched $120 for the first time since January, according to market analyst Ash Crypto.

The Alpenglow network enhancement, which aims to reduce transaction finality from approximately 12.8 seconds to roughly 150 milliseconds, is now in public testing phase after undergoing four months of operation on a smaller dedicated testing network.