Solana Price Outlook Ahead of the Major SOL Alpenglow Upgrade

Solana price gained momentum after rising 3.90% during the past 24 hours and reaching $88.80. The SOL Price had also seen a 10% weekly gain in the market after its bull run. 

Meanwhile, the price of Bitcoin was trading above $81,000, and Ethereum was near $2,300. The Alpenglow upgrade is a close watch for investors looking for current movement of the price.

Solana Eyes Major Alpenglow Upgrade Launch Next Quarter

Solana is pushing ahead with a significant change to the network, which may happen as early as next quarter. Solana co-founder Anatoly Yakovenko spoke about the update, which is dubbed Alpenglow, at a panel at Consensus Miami 2026. It was a good milestone in the development of the blockchain, he said.

The Alpenglow upgrade should enhance transaction confirmations throughout the network, Yakovenko said. They will release the update “before the end of this year,” he said. He said it could be possible to launch in the next quarter if development is going well.

Solana 联合创始人 Anatoly Yakovenko 表示，Solana 计划推出的 Alpenglow 升级预计最早将于下个季度上线，旨在提升交易确认速度与确定性，减少延迟与不确定性，并在现有高吞吐基础上优化时间精度，以支持对时效性要求较高的应用场景。（CoinDesk）https://t.co/iMhhZq7ref

— 吴说区块链 (@wublockchain12) May 5, 2026

Solana Alpenglow aims to optimise transaction finality and confirmation reliability. The changes will bring confirmations nearer to real data transmission capacities, Yakovenko said. The aim is to improve the efficiency of the network in the context of large-scale financial use.

He also said the upgrade would enhance the transaction time guarantees. The update will provide more consistent confirmation times during network activity, which developers hope will bring improved results. 

Solana Open Interest Climbs 10% to $5.55 Billion

Solana recorded strong growth across its derivatives market as trading activity accelerated sharply this week. 

Trading volume climbed 78.75% and reached $12.92 billion during the latest session. Open interest also increased 10.03%, rising to nearly $5.55 billion across exchanges. Options trading posted the biggest jump, surging 194.40% to $17.72 million. 

Can Solana Price Rally to $100? Technical Indicators Turn Strongly Bullish

At the time of writing, SOL price was near $88.83 after the modest increase in the past 24-hours.

The RSI rose to around 71, which is a sign of high buying activity in the market.

On the other hand, the MACD indicator generated a bull market crossover on the 4-hour chart. Increasing green histogram bars also indicated good positive momentum for SOL.

The Immediate resistance is around the $92 level. If it can break out above this zone, then more bullish momentum may be drawn.

After buyers decisively take out $92, the next resistance targets could be found around $96 and then $100 going forward according to the future Solana outlook.

On the negative side, Solana price is still under strong support at $85. This level is important and if breached can lead to deeper correction to $80.