Neutral
Solana's Alpenglow upgrade passes second testnet; Pump.fun sells $6M in SOL.
Solana's Alpenglow upgrade has successfully completed its second testnet phase, aiming to enhance transaction finality to 100-150 milliseconds. However, the network faces selling pressure as Pump.fun liquidates approximately $6 million worth of SOL tokens.
Key points
- Alpenglow upgrade passes second testnet, targeting 100-150ms transaction finality.
- Pump.fun sells 47,994 SOL for about $6 million, part of a larger liquidation trend.
- SOL trading at $121.42, down 0.45% on the day, amid technical progress and selling pressure.
Sources
AI-generated from public news sources. Not financial advice.
