DeFi· ★★★★· bullish·

SOL Holds Near $121 Ahead of Alpenglow Mainnet Activation on September 28

  • —SOL has doubled from its June low of $60.39, breaking above $120 for the first time since January
  • —Alpenglow activates on mainnet September 28, cutting finality from 12.8 seconds to about 150 ms
  • —Binance SOL futures open interest rose to $1.05 billion with a neutral 0.0015% funding rate
  • —SOL ETFs have logged 12 straight weeks of inflows, with assets approaching $1.81 billion
Why it matters: The Alpenglow upgrade will determine whether SOL holds $120 or fades to $112, shaping the path toward $130.
Source: Blockchain.News