Solana (SOL) jumps 5% to $90 amid bullish breakout and upcoming Alpenglow upgrade.

Solana (SOL) surged about 5% in one session, reaching the $90 level with a 10% weekly gain, driven by strong buying and a bullish breakout signal. Derivatives open interest rose 10% to $5.55 billion, with options volume spiking 194%, while over $16 million in bearish SOL positions were liquidated in 24 hours. The upcoming Alpenglow network upgrade, expected next quarter, aims to speed up transaction confirmations, potentially boosting Solana's performance further. Technical indicators show strong buying momentum, with resistance near $92 and support at $85.