Solana Price Eyes $100 as Alpenglow Upgrade Fuels Bullish Momentum

Solana (SOL) continued its strong upward momentum after gaining nearly 4% over the past 24 hours, pushing the SOL price close to $89. The cryptocurrency also posted an impressive 10% weekly rally, outperforming several major digital assets as investor sentiment improved across the broader crypto market. At the same time, Bitcoin traded above $81,000 while Ethereum hovered near the $2,300 mark, helping support bullish momentum for altcoins.

A major driver behind the recent Solana price surge is growing anticipation surrounding the upcoming Alpenglow upgrade. Solana co-founder Anatoly Yakovenko recently confirmed during Consensus Miami 2026 that the network upgrade could launch as early as next quarter if development progresses smoothly. The update is expected to significantly improve transaction confirmations, reduce network latency, and deliver more reliable finality across the blockchain.

Yakovenko explained that Alpenglow is designed to optimize Solana’s transaction processing efficiency and align confirmations more closely with real-world data transmission speeds. The enhancement could strengthen Solana’s position as a high-performance blockchain capable of supporting large-scale financial applications and time-sensitive decentralized services.

Market activity surrounding SOL has also accelerated sharply. According to Coinglass data, Solana’s trading volume surged nearly 79% to reach $12.92 billion, while open interest climbed more than 10% to approximately $5.55 billion. Options trading volume saw the largest increase, jumping over 194% during the latest session.

Technical indicators also suggest continued bullish momentum for Solana price action. The Relative Strength Index (RSI) climbed near 71, reflecting strong buying pressure, while the MACD indicator flashed a bullish crossover on the 4-hour chart. Analysts are now watching the key $92 resistance level closely. A breakout above this zone could open the path toward $96 and potentially the highly anticipated $100 milestone.

However, downside risks remain if SOL loses support near $85, which could trigger a correction toward the $80 level.