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Solana dips 4% near $121 after testing $120 resistance amid Alpenglow upgrade and strong ETF inflows.

Protocol Fundamentals
02 Oct 2026
Blockonomi
View Source
Bullish
Solana dips 4% near $121 after testing $120 resistance amid Alpenglow upgrade and strong ETF inflows.

Solana's price fell about 4% to around $121 following resistance tests at the $120 level, amid bearish crypto market momentum. The network's Alpenglow upgrade, currently on testnet, aims to cut transaction finality to under 100 milliseconds, potentially boosting Solana's speed and cost advantages over competitors. September saw Solana's application revenue hit a nine-month high of $180 million, with strong institutional interest reflected in $271 million of spot Solana ETF inflows in the U.S. Analysts expect a consolidation phase around $110-$112 before a possible rise toward $150, linked to Alpenglow's mainnet launch.

Solana (SOL) trades at Rp2.179.499 on Pluang as of Oct 02, 2026 15:03 WIB, up 3.48% in the past day. The market cap stands at Rp1.280,64 trillion with a 24-hour volume of Rp75,87 trillion. Pluang users show a balanced order activity with 54% selling and 46% buying, holding SOL for an average of 70 days.

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