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Solana rallies to $90 on major upgrades and $1.12B ETF inflows, eyeing institutional adoption in 2026.

Market News
01 Jun 2026
Crypto news
View Source
Bullish
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Solana's price recovered from a Q1 2026 low near $60 to around $90 by late May, driven by the Alpenglow consensus upgrade test launch, Firedancer validator rollout, and over $1.12 billion in cumulative spot ETF inflows. Institutional interest grows with about 30 firms holding $540 million in Solana ETFs, including Goldman Sachs. The Alpenglow upgrade aims to reduce transaction finality to 150 milliseconds, enhancing Solana's appeal for institutional use, while Firedancer improves network decentralization and capacity. Future price scenarios range from $60 to $750 by 2030, depending on upgrade success, ETF flow sustainability, and ecosystem recovery.

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