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Solana holds near $70 amid growing ETF inflows and upcoming Alpenglow upgrade boosting network fundamentals.

Protocol Fundamentals
03 Aug 2026
Tokenpost
View Source
Neutral
Solana holds near $70 amid growing ETF inflows and upcoming Alpenglow upgrade boosting network fundamentals.

Solana (SOL) is trading near $70 with short-term price weakness but strong institutional interest and on-chain activity. The network is preparing for the Alpenglow upgrade, expected by end of August, which aims to improve transaction speed and finality, enhancing Solana's appeal for trading and real-time applications. Despite bearish technical signals, ETF inflows, increased stablecoin liquidity, and growing active wallets indicate strengthening fundamentals. Market watchers are focused on whether SOL can stabilize above key support levels as the upgrade approaches.

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