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Solana price surpasses $120 with major network upgrade and record ETF inflows boosting momentum.

Protocol Fundamentals
27 Sep 2026
Blockonomi
View Source
Bullish
Solana price surpasses $120 with major network upgrade and record ETF inflows boosting momentum.

Solana (SOL) has risen above $120 for the first time since January, gaining about 8% in a week amid strong market momentum. This surge follows the deployment of the Alpenglow network upgrade on devnet, which aims to drastically reduce transaction finality times from 12.8 seconds to 150 milliseconds, enhancing speed and efficiency. Institutional interest is high, with U.S.-listed Solana ETFs recording a record $86.67 million in single-day inflows, pushing total ETF assets to $1.96 billion. On-chain metrics also show robust activity, including a stablecoin market cap hitting $17.394 billion and Solana's spot trading volume surpassing major exchanges like Coinbase. Market watchers see $130 and $150 as key resistance levels, with a close above $150 potentially triggering much higher price targets.

Solana's recent surge is mirrored on Pluang where SOL trades at Rp2.231.774 with a 3.77% gain in the last day. The market shows strong interest with a 62% buy order activity and a typical hold time of 70 days. These figures are current as of Sep 27, 2026 17:01 WIB.

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