SOL was up 2.01% over 24 hours. A separate Oct. 21 chart reading placed its 20-day exponential moving average at $108.67.
Solana's Alpenglow upgrade went live Wednesday with a 150-millisecond finality target, and SOL rose about 2% with Bitcoin as US Solana funds saw more outflows.
The SEC's comment window on Regulation Crypto Assets closed Tuesday, and the companies that spent years fighting the agency showed up to support it. Ripple filed a 20-page letter backing the rule with changes.
Solana's rise in tokenized stock holders highlights its growing influence in blockchain finance, challenging established networks and reshaping market dynamics. Solana overtakes Robinhood Chain in tokenized stock holders.
Onchain data puts the handover at about 13:54 UTC on Wednesday, and the Solana and Anza accounts say finality now takes roughly 150 milliseconds.
Solana activated its long-awaited Alpenglow network upgrade on Wednesday, Oct. 21, marking one of the most significant overhauls in the blockchain's history and promising to slash transaction finality times by roughly 99%.
The new consensus protocol retires TowerBFT, which had run Solana since its 2020 launch, after a handoff on the live network.
All three Pyth-priced markets are marked “Cap reached,” though the caps include pending loans and accrued interest.
The incident highlights the volatility and speculative nature of meme tokens, where fictional elements can trigger real-world financial impacts. GTA 6 trailer's fictional DacityCoin sends a real Solana meme token on a wild ride.
Kimchi held 75.32% of the namesake token's supply. Pump.fun's co-founder confirmed a collaboration on creative direction.
Solana has approached its October 21 Alpenglow activation near $106, far below where it began the month, after repeated U.S. fund withdrawals and the sale of a large corporate SOL reserve.
The wallet received 1,045 SOL, worth about $111,000, from a partial sale. It still held Kimchi tokens valued at about $171,000.