Solana Price Soars on Efficiency Boost from Alpenglow Update

Solana (SOL) experienced a notable price surge today, climbing 3% to reach $211 in a market otherwise stagnant. This rise is attributed to the launch of Alpenglow, a significant update to Solana’s consensus protocol, which promises increased speed and efficiency. The update saw daily trading volume jump by 43%, reaching a whopping $12.7 billion, marking one of the highest investor sentiments observed in 11 weeks. A key factor driving this surge is the reduced block validation time from 12.8 seconds to just 150 milliseconds – a feat that could significantly benefit Solana’s performance.