Solana Breaks Above $120 for First Time Since January on ETF Inflows and Alpenglow Upgrade
- —SOL reached $120.86 on September 25, its first time above $120 since January 29 and over 100% above June's $60.39 low
- —US spot Solana ETFs added $32.81 million in net inflows, with total assets near $1.81 billion and $1.52 billion in cumulative inflows
- —Solana futures open interest rose to $7.49 billion, with 24-hour volume at $11.76 billion
- —The Alpenglow upgrade, targeting roughly 150-millisecond finality, is now live on both public test networks
Why it matters: The $120 breakout and steady ETF inflows could set up a move toward $130, while Alpenglow promises a major speed upgrade for Solana finality.
Source: CoinCentral