Solana
Why Solana is up 1.6% today
Analysis
Solana (SOL) rose about 1.6% over the past 24 hours as sentiment improved on two catalysts: testing kicked off for the major “Alpenglow” protocol upgrade ahead of a full rollout, which can be read as constructive progress for the network (Decrypt). At the same time, reports that Solana-related ETF inflows hit their highest level since January supported demand expectations and helped push SOL higher (CoinJournal).
Contributing Factors (3)
Major Solana Upgrade Alpenglow Begins Testing Ahead of Full Rollout
Solana's Alpenglow consensus protocol upgrade is one step closer to being rolled out on the layer-1 network's mainnet.
Solana eyes $100 as ETF inflows hit highest level since January
Key takeaways Solana surged nearly 15% last week as spot SOL ETFs attracted $39.23 million in inflows — the strongest since January. Solana surged nearly 15% last week as spot SOL ETFs attracted $39....
Why Ripple's CTO Emeritus Is Pitching Privacy Protocol Names to Solana's Top Contributor
Ripple's David Schwartz pitches names like Umbra to Helius's Mert Mumtaz, signaling an unexpected cross-chain alliance to solve blockchain's privacy deficit.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.