Solana Price Outlook Eyes $130 as Alpenglow Upgrade Targets 150ms

Frank bevah
Frank bevah

Frank bevah

Market Analyst
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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Solana Price Outlook Eyes $130 as Alpenglow Upgrade Targets 150ms

Highlights

  • Solana price holds above $120 as traders watch $130 next.
  • Alpenglow targets 150-millisecond finality as devnet testing continues before mainnet.
  • U.S. Solana ETFs drew record $86.67M inflows on September 25.

Solana price held above $120 after breaking the threshold for the first time since January. The token gained about 8% over the past week, extending its recovery from $75 in early August. 

The top coins like XRP price, BTC, and ETH  are seeing slight consolidation.

Several attempts to clear $120 had failed earlier this week, making Friday’s move a breakout. 

The rally puts $130 in focus if the price of SOL maintains its position above $120. Still, the Solana price remains slightly lower this year and about 58% beneath its January 2025 peak near $294.  

Alpenglow Upgrade Targets 150 Milliseconds as Devnet Testing Begins

Solana’s Alpenglow upgrade is now active on devnet, a testing network where developers can check applications before mainnet deployment. Anza announced the transition on September 25, following a successful switch on testnet a day earlier. At the handoff, the network produced its Alpenglow genesis block and retired the older TowerBFT consensus system.

The upgrade aims to cut transaction finality from about 12.8 seconds to roughly 150 milliseconds. Faster finality could help exchanges credit deposits sooner and let payment applications confirm purchases more quickly. 

Developers have been asked to test their programs and integrations during the observation period. Mainnet activation remains pending, so the speed improvement has yet to reach everyday users’ transactions.

Solana Price Holds Rising Channel With $130 Target in Sight

The SOL price soared to $121.19 on September 26, extending a recovery visible on the four-hour chart. 

The chart shows SOL rising within an ascending channel over recent sessions. The relative strength index stood at 63.09, showing continued momentum without placing the indicator in overbought territory.

The Chaikin Money Flow registered 0.09, indicating positive money flow during the advance. 

Solana Price Outlook Eyes $130 as Alpenglow Upgrade Targets 150ms
Source: TradingView

Recent highs and the channel’s upper boundary place the next test around $123 to $125. A sustained move above that area could bring the chart’s $130 target into view as per the Full SOL forecast report. That would represent roughly 7.3% upside from $121.19.

The $120 level provides immediate support if Solana price pulls back. A drop below it would shift attention to the marked $115 support level.

US Solana ETFs Record Historic $86.67M Daily Inflow

The U.S. spot Solana ETF market recorded $86.67 million in net inflows on September 25, marking a record daily haul.

Bitwise’s BSOL led demand with $55.73 million, while Grayscale’s GSOL attracted $18.47 million.

Morgan Stanley’s MSOL added $5.96 million, followed by Fidelity and VanEck products.

Solana Price Outlook Eyes $130 as Alpenglow Upgrade Targets 150ms
Source: Sosovalue data

Weekly inflows reached $181 million, the second-highest total ever, according to SolanaFloor.

SoSoValue placed total inflows at $1.61 billion and total net assets at $1.96 billion.

The funds generated $202 million in trading value as demand for Solana exposure strengthened across listed U.S. investment products.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)

1. What is the Alpenglow upgrade?

Alpenglow is a Solana consensus upgrade designed to reduce the time needed for transactions to reach finality. It replaces the older TowerBFT system and is undergoing network testing.

2. What does 150-millisecond finality mean?

It is Alpenglow’s target for confirming transactions as final, compared with roughly 12.8 seconds previously. The improvement has yet to reach everyday users because mainnet activation remains pending.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

SOL

Solana

$119.5244 4.35% (24h)

24 Hours volume

$4.02B

Market Cap

$70.24B

Max Supply

NA

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About Author
About Author
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.