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Solana holds key $60-$62 support as Alpenglow upgrade fuels hopes for $80 breakout.

Protocol Fundamentals
17 Aug 2026
Coinpaper
View Source
Bullish
Solana holds key $60-$62 support as Alpenglow upgrade fuels hopes for $80 breakout.

Solana (SOL) is trading near $75, maintaining support above the crucial $60-$62 zone after a significant decline from its $253 peak. The recent Alpenglow upgrade, which drastically reduces transaction finality times, has been approved by over 98% of stakers and adds a fundamental catalyst for potential recovery. However, technical analysis shows SOL remains in a corrective phase with strong resistance between $82 and $94, meaning a confirmed bullish reversal requires a sustained breakout above $80. Holding the $60-$62 support is critical to avoid renewed downside risks, while breaking above $80-$82 would signal stronger recovery momentum.

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