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Solana’s Alpenglow upgrade speeds transactions but fails to stop SOL price decline.

Protocol Fundamentals
06 Nov 2026, 17:32 WIB
Dailycoin
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Bearish
Solana’s Alpenglow upgrade speeds transactions but fails to stop SOL price decline.

Solana's recent Alpenglow upgrade reduced transaction finality time to about 400 milliseconds, significantly faster than before. However, this technical improvement did not prevent SOL's price from falling, as broader market conditions and fund outflows continue to weigh on investor sentiment. Despite the upgrade potentially enhancing appeal for payment providers, sustained usage and reversing outflows are needed to boost market demand and support price recovery. Investors are watching key support levels around the mid-$90s and potential recovery zones near $110–$115 for signs of stabilization.

Solana's market cap stands at Rp963,33 trillion as of Nov 06, 2026 22:52 WIB, with a 24-hour trading volume of Rp64,3 trillion on Pluang. Despite the recent upgrade aimed at faster transaction finality, SOL's price is down 0.68% at Rp1.635.272, and sell orders slightly outnumber buy orders at 52% to 48%. Typical hold time for SOL investors on Pluang is 72 days, indicating a moderate-term investment horizon among users.

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