Solana trades at $105 as Alpenglow upgrade aims to cut finality to 150 ms

Solana maintains a price near $105 as traders observe a key support area and anticipate a significant network improvement. Grayscale, a major digital asset manager, reported that Solana processed an average of over 1,400 transactions per second (TPS) so far this year, surpassing other leading blockchain networks by a wide margin. The upcoming Alpenglow upgrade is expected to be a major step for Solana, aimed at reducing transaction finality time from around 13 seconds to 150 milliseconds. Grayscale stated that this performance leap could strengthen Solana’s advantage in transaction speeds over competitors like BNB Chain and other blockchains. According to Grayscale, BNB Chain averaged under 200 TPS in the year to date, while other blockchains handled about 40 TPS.

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