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Solana nears $106 ahead of Alpenglow upgrade, with price recovery or drop hinging on network performance and investor demand.

Protocol Fundamentals
21 Oct 2026
Crypto news
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Neutral
Solana nears $106 ahead of Alpenglow upgrade, with price recovery or drop hinging on network performance and investor demand.

Solana's price approached $106 on October 21, down from about $121 at the start of October, amid ongoing U.S. fund withdrawals and a major corporate sale of SOL tokens. The Alpenglow upgrade, scheduled for October 21, aims to drastically speed up transaction finality from 12.8 seconds to around 150 milliseconds, potentially boosting network appeal. However, the upgrade's success in live conditions and subsequent investor demand will determine if Solana recovers toward $125 or falls toward $90 in November. Persistent fund outflows and a disclosed corporate sale have weighed on the price, and only sustained positive ETF inflows and stable network performance can support a price rebound.

As of October 21, 2026, 19:43 WIB, Solana trades at Rp1.924.461 on Pluang, showing a 1-day gain of 2.21%. The platform records a market cap of Rp1.134,12 trillion for Solana, with a 24-hour trading volume of Rp48,75 trillion. Despite the recent price fluctuations mentioned in the article, Pluang users currently show a nearly balanced order activity with 52% selling and 48% buying, holding their Solana investments for an average of 71 days.

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