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Solana (SOL) Price Today: SOL Climbs 3.3% to $121 as Alpenglow Hits Testnet | Daily Market Update Sep 26, 2026
**Solana Family Daily Market Update — Saturday, September 26, 2026** Good morning, Solana Family! Here is your daily wrap of what moved SOL and the Solana network over the last 24 hours. ## SOL Price Snapshot (as of ~02:30 UTC) - **SOL/USDT:** ~$121.8 - **SOL/USDC:** ~$121.7 - **24h change:** **+3.3%** (from ~$116.9) - **24h range:** $115.8 – $122.9 - **24h volume:** ~$6.3B | **Market cap:** ~$71.6B SOL outperformed the majors today: Bitcoin slipped about 0.7% to ~$84K and Ethereum was flat (~$2,690), while SOL pushed to the top of its daily range. The USDT and USDC pairs are trading in lockstep, with no meaningful stablecoin spread. ## Top Solana News **1. Alpenglow, Solana's biggest consensus upgrade, hits testnet** Alpenglow has entered its first formal activation phase on testnet as validators prepare to replace TowerBFT. The target is ~150ms finality, which would be a major leap in settlement speed for payments, trading and DeFi on Solana. **2. Transaction v1 is live, boosting capacity by 232%** The new transaction format lets developers pack far more complex operations into a single transaction. That means fewer round-trips, better composability and fewer failed multi-step flows for apps. **3. Solana Foundation strengthens its leadership** The Foundation named Rachel Conlan (ex-Binance CMO) Chief Strategy Officer to lead institutional growth and partnerships, and Jamal Raees General Manager of Payments, focused on stablecoins and tokenized deposits. It is a clear signal that payments and institutions are the priority. **4. Tokenized stocks go onchain: SEC innovation exemption** Solana published a breakdown of the SEC's five-year innovation exemption, which lets tokenized shares with full shareholder rights trade on public blockchains. Solana is positioning itself as a leading venue for onchain equities. **5. Real-world assets keep growing: RWA ecosystem tops $4.4B** Centrifuge is bringing $HYB, tied to a New York Life Investment Management bond strategy, to Solana. That pushes Solana's tokenized RWA ecosystem past $4.4B. **6. Treasury demand: Forward Industries plans a $25M raise to buy more SOL** Forward Industries already holds about 1.39% of SOL's supply and plans to use new capital to add to its position. Corporate treasuries remain a steady source of structural demand. **7. More ways to reach SOL** X (Twitter) added a "Trade" button to cashtags, putting $BTC and $SOL one click away from U.S. users through broker partners. Separately, ZetaChain holders voted to wind down its Cosmos-based L1 and migrate ZETA to Solana, part of a broader trend of projects consolidating onto Solana. **8. Supply side reminder** Validators recently approved doubling SOL's annual disinflation rate from 15% to 30%, which will reduce new issuance going forward. ## Market Sentiment: Next 24 Hours **Sentiment: Moderately Bullish 🟢 (with caution)** - **Bullish drivers:** Relative strength against BTC and ETH, a fundamentals-heavy news flow (Alpenglow, Tx v1, RWA growth, leadership hires), ongoing treasury buying and a lower future issuance schedule. - **Levels to watch:** Resistance near **$123–125**, the top of the 24h range. A clean break could open a move toward $128–130. Support sits at **$118**, then **$115.8** (the 24h low). - **Risks:** Weekend liquidity is thin, so moves can be exaggerated both ways. Bitcoin is still soft around $84K, and a BTC pullback would likely drag SOL back toward $118. After a +3% day, some profit-taking is normal. **Base case:** Choppy consolidation between $118 and $125, with a mild upside bias as long as SOL holds above $118. --- *This post is for informational purposes only and is not financial advice. Always do your own research.* Sources: SolanaFloor, Solana.com/news, Cointelegraph, Decrypt. Price data from CoinGecko, Coinbase and Kraken. Stay fast, stay Solana. ☀️ — Solana Family