The Solana (SOL) community is scheduled for a sequence of upgrades that would set off a rise within the value of the native SOL cryptocurrency. Firedancer and Alpenglow updates are anticipated to lead to quicker speeds, extra transactions per block, and near-instant consensus. How excessive will SOL go if the improve runs with no hitch?
Firedancer is a Solana validator consumer developed by the Soar Crypto group with the objective of enhancing present infrastructure. The Firedancer validator code is a third-party consumer that’s at the moment present process superior testing and has restricted mainnet use. Firedancer’s objective is to allow the Solana community to run on quite a lot of validator purchasers, decreasing the chance of failures and community outages.
In the meantime, the Alpenglow protocol was first introduced in Could 2025 and redesigned Solana’s method to coordinating validators. Alpenglow employs Votor, a light-weight voting protocol that makes use of a single or dual-execution voting course of to finalize blocks. This mechanism reduces latency to milliseconds whereas eliminating gossip between validators. Each upgrades, if profitable, may assist Solana SOL’s rally because the coin trades close to one-year lows.
After plummeting 26% previously 30 days, Solana SOL is buying and selling within the $140 vary on the time of writing. Nonetheless, there are some bullish indicators rising. The main Solana finance firm simply introduced a $50 million share buyback, a transfer that exhibits sturdy confidence within the long-term Solana value forecast regardless of dealing with a powerful market sell-off. Final Thursday, Upexi, which beforehand allotted $300 million to Solana, confirmed that its board of administrators had approved it to implement a share repurchase program at a time, method and value deemed most advantageous by administration.
“We view our inventory repurchase program as an extra instrument to reinforce shareholder worth and can solely implement a inventory repurchase when administration determines {that a} inventory repurchase will present a sexy return on capital with out compromising our capacity to pursue strategic progress or preserve our sturdy monetary place,” mentioned Alan Marshall, president of the corporate. Moreover, by decreasing the variety of shares in circulation, Upexi is successfully rising the quantity of SOL tokens every share represents, which ought to and is predicted to lead to higher return on funding (ROI) sooner or later as soon as Solana recovers.
