
Solana breaks $120 as network fees jump 50% in Q3
- —SOL gained 4% in 24 hours, breaking back above $120
- —Trading volume reached about $4.2 billion, or 6.5% of market cap
- —Network fees rose from $639 million to $948 million quarter-over-quarter
- —Alpenglow upgrade targets 150 ms finality versus the current 12.8 seconds
Why it matters: A sustained break above $120 opens the path to $150, but the rally's durability hinges on Alpenglow's mainnet launch and continued on-chain activity.
Source: Invezz