Solana closes at $102.85, down 64.9% from January 2025 peak
- —SOL closed at $102.85 on October 24 versus a $293.31 peak in January 2025
- —Votor, part of the Alpenglow upgrade, activated on mainnet on October 21
- —Alpenglow targets cutting transaction finality from ~12.8 seconds to ~150 milliseconds
- —Morgan Stanley's Solana trust won SEC listing and registration approval
Why it matters: Neither the consensus upgrade nor the Morgan Stanley trust approval has reversed SOL's slide, leaving the market waiting for evidence of higher network usage.
Source: TokenPost