DeFi· ★★★★· neutral·

SOL Holds Near $104 Ahead of Alpenglow Upgrade on Oct. 21

  • —SOL at $104.21, up 3.3% in 24 hours but down 3.5% on the week; market cap near $61.4 billion
  • —Alpenglow replaces TowerBFT with Votor, targeting 150ms finality
  • —8.92 billion non-vote transactions in Q3, up 24% from Q2
  • —SOL ETFs lost about $55 million in October after $272 million of inflows a month earlier
Why it matters: Faster finality could strengthen Solana's hand among L1s, but ETF outflows and a bearish structure below $114 cap near-term upside.
Source: CoinCentral