Solana has successfully implemented the Alpenglow upgrade, resulting in a sharp increase in its $SOL token price. The upgrade promises significant enhancements to the platform's performance.
Alpenglow Upgrade and Its Impact on $SOL
The Alpenglow upgrade was approved with an overwhelming majority of 98.27%, with only 1.05% voting against it. This upgrade replaces TowerBFT and Proof-of-History with Votor and Rotor, which is expected to reduce transaction times from 12.8 seconds to 100-150 milliseconds. Following the announcement, the price of $SOL surged by 9.2%, rising from $194 to $212.
Recent Predictions and Market Trends
While it is difficult to predict future movements, some analysts believe Solana could reach $250 by the end of the year, with a potential target of $300. According to reports, the new SIMD-0286 aims for a 66% increase in computational power by the end of the year.
Prospects for Snorter Token and Investor Interest
Snorter Token ($SNORT) may become a favorite among investors thanks to its unique Snorter Bot. The Bot aids in avoiding scams and ensures rapid reactions to liquidity appearances. Despite already raising $3.7 million during presales, its post-launch potential could be significant.
With the Alpenglow upgrade and increasing interest in various projects, Solana continues to capture investor attention. The question remains: how far will $SOL go in the coming months?
