Solana's upcoming Alpenglow upgrade is expected to significantly enhance its transaction speed, reducing finality from over 12 seconds to just 150 milliseconds. This proposal, which has received over 99% approval from validators, aims to establish Solana as a leading platform for decentralized finance and high-frequency applications. MEXC chief analyst Shawn Young forecasts that this upgrade could lead to the price of SOL reaching $215 by September and potentially $250 by year-end, driven by increased institutional adoption and structural supply constraints. Currently, more than $1.7 billion in SOL tokens are locked in corporate treasuries, indicating a shift from speculation to more strategic investment. Young emphasizes that the Alpenglow upgrade is pivotal as it positions Solana competitively against other layer-1 blockchains, potentially facilitating its growth as a key player in digital asset reserves and treasury management.

Source 🔗