Solana: Alpenglow Upgrade Testing Starts

Solana kicks off testing for its major Alpenglow upgrade, setting the stage for a full rollout that promises enhanced network performance and scalability. This development follows recent Solana network improvements over the past six months, where upgrades have stabilized transaction speeds amid growing DeFi adoption. As SOL price prediction buzz builds, traders eye potential impacts on the broader crypto market, especially with parallels to Bitcoin's BTC hype cycles driving volatility.

From a technical confluence standpoint, SOL trades at $97.78, hugging the upper Bollinger Band resistance at $97.85 in this bullish structure. The EMA50 at $90.87 and EMA200 at $86.75 act as rock-solid long-term supports, reinforcing the uptrend after a golden cross in MACD at 1.98. Yet RSI at 73.65 screams overbought, signaling exhaustion—expect a tactical pullback to that EMA50 level before resuming the grind higher, much like we've seen in prior Solana rallies avoiding crypto market crash pitfalls.