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Solana price steady near $120 amid major network upgrade delay and key trading levels to watch.

Market News
06 Oct 2026
CryptoTicker
View Source
Neutral
Solana price steady near $120 amid major network upgrade delay and key trading levels to watch.

Solana's price remains stable around $120, fluctuating slightly within a narrow range between its 20-day moving average ($117.32) and the 90-day high ($122.08). The network is undergoing its largest upgrade, Alpenglow, which aims to drastically reduce transaction confirmation times but has been delayed beyond the initially expected September 28, 2026 date, now targeting October 2026. This upgrade will change the consensus mechanism, impacting validator costs and staking dynamics. Investors should monitor three key price levels ($122.08, $117.32, $106.50) to plan trades and consider tax implications in Germany, where staking rewards and sales are taxed separately with specific thresholds and holding periods. The upgrade's delay means no immediate price impact is expected, but the technical improvements could influence Solana's medium-term outlook.

Solana trades at Rp2.169.049 on Pluang as of Oct 06, 2026 22:32 WIB, showing a 1.17% gain in the last day. The market cap stands at Rp1.271,94 trillion with a 24-hour volume of Rp39,52 trillion. Despite the upgrade delay, Pluang users hold Solana for an average of 70 days, with 68% selling and 32% buying activity.

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