News · Yahoo Finance

A Major New Solana Blockchain Upgrade Is Now Live. But Here's Why Blockchain Upgrades Rarely Move the Needle for Crypto.

Solana’s Alpenglow upgrade went live on Oct. 21, and Solana is down 4% since then. The article argues upgrades are often priced in before launch, and market conditions usually have a bigger short-term effect on crypto prices. Alpenglow targets transaction finality of about 150 milliseconds, down from roughly 12.8 seconds, but Solana already processed over 1,000 transactions per second, so the author says revenue and activity matter more for its price. Network revenue fell to $141 million in the first half of 2026 from $1.09 billion a year earlier, down 87.1%, according to 21Shares, though Solana still accounted for about 97% of tokenized spot equity trading on DEXes.

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$59.7B
Close on 10/29/202695.64
Change that session-6.64%
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