Solana price falls 9% ahead of major October 21 upgrade

Solana (SOL) has fallen 9.34% over the past seven days to approximately $107, as seven consecutive trading days of reported ETF outflows and weakening technical indicators precede the blockchain’s October 21 Alpenglow upgrade. According to CoinGecko, SOL traded near $107 at press time, with approximately $2.86 billion in daily trading volume and a market capitalization of $63.02 billion. The decline comes as the Solana Foundation prepares to activate Alpenglow, an upgrade designed to reduce transaction finality from approximately 12.8 seconds to 150 milliseconds. Despite the approaching launch, SOL remains below important resistance levels around $110 and $115.

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