Alpenglow's 150ms finality and $188M in weekly ETF inflows fuel Solana's surge
Solana has pushed beyond the $120 threshold this week, marking its first sustained presence at this level since the final days of January. The digital asset gained approximately 8% across a seven-day period, continuing a rebound trajectory that initiated near $75 during early August.
The weekly total trailed the products' roughly $199 million launch-week inflow and included a single-day record of $86.667 million on Sept. 25.
SOL gained 2.88% over 24 hours as short liquidations reached $3.95 million across major exchanges.
Pump.fun transferred 47,994 SOL worth $5.83 million to Kraken as Lookonchain estimated cumulative SOL sales at roughly $848 million.
The consensus upgrade targets a reduction in transaction finality from about 12.8 seconds to between 100 and 150 milliseconds.
The position was opened in early August near $80.80 per SOL and has been held for about one and a half months.
Pump.fun's systematic SOL liquidations highlight the volatility and potential market impact of large-scale token sales in the crypto ecosystem. Pump Fun sells 47,994 SOL for $6M as cumulative liquidations approach $850M.
The latest sale brings Pump.fun's cumulative SOL disposals to 5,236,623 tokens valued at about $848 million.
The upgrade targets about 150-millisecond finality overall, with a fast path targeting 100 milliseconds, but neither has been demonstrated on mainnet.
Solana's biggest consensus overhaul since launch has crossed a major hurdle. Alpenglow activated on testnet Sept. 24 and devnet Sept. 25, replacing TowerBFT with Votor and targeting transaction finality in just 100 to 150 milliseconds. Solana co-founder Anatoly Yakovenko declared, “You are not ready for this.
Solana (SOL) is likely to trade at an average price of $125.23 on October 1, 2026, according to a forecast generated by the Finbold AI Agent, which sampled outlooks from three AI models.