Solana (SOL) Price: Dip Buys, Record Network Activity and Alpenglow Upgrade Put SOL in Focus

TLDR SOL is trading near $104 after buyers defended the $100 level several times from Wednesday to Sunday. Alpenglow is set to go live on mainnet Oct. 21, cutting finality from about 13 seconds to 150ms. Solana logged 8.92 billion successful non-vote transactions in Q3, its busiest quarter of the past four. Solana ETFs have seen 10 straight days of outflows, totaling nearly $55 million in October. SOL needs to clear $114 to break its bearish structure, with $120 as the first target. Solana (SOL) is trading near $104 as the market heads into a week with little economic data. The token stayed above $100 despite heavy selling last week. From Wednesday to Sunday, sellers made several attempts to push SOL below $100. Each one was met with strong buying.

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