The Solana (SOL) community has a sequence of upgrades coming that might present a catalyst for the worth of the native SOL cryptocurrency. Increased velocity, extra transactions per block and near-instant consensus are anticipated with the Firedancer and the Alpenglow updates. Ought to the upgrades execute with out a hitch, how excessive might SOL rally?
Firedancer is a Solana validator consumer developed by the Bounce Crypto workforce, with the objective of boosting the prevailing infrastructure. The Firedancer validator code is a third-party consumer, at present in superior testing and restricted mainnet use. The objective of Firedancer is to make the Solana community run on various validator shoppers, lowering the danger of failures and community outages.
In the meantime, the Alpenglow protocol was first introduced in Could 2025, and redesigns Solana’s strategy to coordinating validators. Alpenglow employs Votor, a light-weight voting protocol that finalizes blocks utilizing a single or dual-run voting course of. The mechanism reduces latency to milliseconds whereas eliminating gossip between validators. Each upgrades if profitable, might present a lift to a Solana SOL rally, because the coin is buying and selling close to 1-year lows.
At press time, Solana SOL is buying and selling within the $140 vary, after crashing 26% prior to now 30 days. Nevertheless, bullish flags are rising. A serious Solana treasury agency has simply unveiled a $50 million share buyback, a transfer that alerts sturdy confidence in a long-term Solana worth prediction even because the market faces heavy promoting. This previous Thursday, Upexi, which beforehand allotted $300 million into Solana, confirmed that its Board of Administrators has approved the repurchase program to be executed on the timing, method, and worth the administration workforce believes is most advantageous.
“We view the repurchase program as an extra software to reinforce shareholder worth and can deploy it solely when administration believes the repurchase represents a lovely return on capital with out compromising our capacity to pursue strategic progress or keep a robust treasury place,” mentioned firm head Allan Marshall. Moreover, by lowering the variety of shares in circulation, Upexi would successfully enhance the quantity of SOL tokens that every share represents, which ought to end in the next return on funding (ROI) down the street if Solana recovers, which is anticipated.
