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Solana price nears $90 as Alpenglow upgrade boosts bullish momentum and trading volume surges.

Market News
06 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Solana (SOL) price surged nearly 4% in 24 hours, reaching close to $89, with a 10% weekly gain driven by anticipation of the upcoming Alpenglow upgrade. This upgrade, expected next quarter, aims to improve transaction speed, reduce latency, and enhance network reliability, strengthening Solana's position as a high-performance blockchain. Trading volume jumped 79% to $12.92 billion, with options trading up 194%, signaling strong market interest. Analysts watch the $92 resistance level for a potential breakout toward $100, though a drop below $85 could trigger a correction.

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