The consensus change targets finality in about 150 milliseconds, compared with roughly 12.8 seconds under TowerBFT. Epoch timing may shift the estimated activation time.
Solana's Alpenglow upgrade replaces the TowerBFT voting system on October 21, cutting finality from 12.8 seconds to a target of 150ms and pulling vote transactions out of blocks entirely.
The one-week at-the-money reading dropped 8.58 volatility points on Oct. 9, then rose 7.16 points by Oct. 13.
The surge in Solana's short-dated implied volatility signals heightened market uncertainty, potentially leading to increased speculative trading and volatility in the broader crypto market. Solana's short-dated implied volatility jumps 18.3 points in a week.
SkyAI's SOL treasury fell 70% in under a month, with 400,000 SOL unexplained. Bastion Trading won't tender at $3 a share and wants $3.50.
The Solana transaction was confirmed successfully.
SkyAI's drastic reduction in Solana holdings may trigger broader market skepticism, potentially impacting Solana's future valuation and investor confidence. SkyAI slashes Solana holdings by 70%, signaling market sentiment shift.
SOL was down 1.54% over 24 hours as of 10:17 a.m. ET (14:17 UTC) on Oct. 14.
Securitize put 12 tokenized US stock tickers, Apple and Nvidia among them, on Solana on Oct. 8 as broker-dealer entitlements rather than offshore wrappers.
The Solana developer says the move off TowerBFT will take place in a single slot and bring finality down to about 150 milliseconds, after Alpenglow ran on testnet and devnet last month.
NEAR was the only altcoin spot ETF market with net inflows on Oct. 13, while SOL, Dogecoin and ZEC saw withdrawals. XRP and several other products were flat.
RWA.xyz puts Solana's tokenized credit at $1.4 billion, third behind Ethereum and Liquid Network, with Huma and OnRe leading the chain's tally.