Solana at $121: Alpenglow Hits Testnet, App Revenue Reaches $180M
- —SOL trades near $121.63 after slipping nearly 4% in 24 hours
- —Alpenglow on testnet could cut settlement times from 12 seconds to under 100ms
- —Solana app revenue reached $180 million in September, a nine-month high
- —U.S. spot SOL ETFs drew $271 million in September, the largest monthly inflow in 10 months
Why it matters: A successful Alpenglow mainnet rollout would give Solana a speed and cost edge over Ethereum and BNB Chain, supporting demand for SOL.
Source: CoinCentral