Solana price holds above $200 after 99% community approval for the Alpenglow upgrade, which aims to reduce block finality to 100–150 ms and boost throughput; analysts say institutional interest and ETF prospects could push Solana toward $250 by year-end.
Solana trades above $200 despite market weakness, with Alpenglow upgrade approval and ETF prospects supporting a possible year-end rally.
99% community approval for Alpenglow to shorten block finality to ~100–150 ms
Solana retains bullish technical structure with MACD positive and Money Flow Index showing inflows
Analysts forecast targets at $215–$250 by Q4; upside depends on ETF approval and institutional demand
Solana price stays above $200 after Alpenglow approval; read the analysis and price targets. View expert commentary and trade implications.
What is the Alpenglow upgrade and why does it matter to Solana price?
Alpenglow upgrade is a proposed Solana network overhaul that aims to replace current consensus components with Votor and Rotor, reducing block finality from ~12.8 seconds to roughly 100–150 milliseconds. This change could materially improve throughput and latency, strengthening Solana’s competitive position and supporting bullish price action if adopted.
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Over the weekend, 99% of participating validators signaled approval for the Alpenglow upgrade. The near-unanimous vote signals strong on-chain consensus and reduces execution risk. Plain-text sources referenced in reporting include TradingView for charting and MEXC Research for analyst commentary.
Short- and long-term technicals are favorable. On the 4-hour chart Solana trades inside an upward channel with the Supertrend indicator below price, suggesting continuation while support holds. The daily MACD is positive and the Money Flow Index remains above key support, signaling persistent capital inflows.
Analyst forecasts cited in market commentary include a near-term target of $215 by month-end and a potential $250 by year-end if ETF interest and institutional demand materialize. Upside extension scenarios list $252.47 and $295.35 as resistance zones, while downside support is noted near $142.27.
Macro events such as U.S. Federal Reserve policy shifts can amplify moves. A dovish surprise or rate cut could increase risk appetite and push Solana toward higher targets; conversely, broader market downturns may push price back toward $142.27.
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