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Solana (SOL) Price Today: SOL Holds $105 Two Days Before Alpenglow Upgrade | Daily News Oct 19, 2026
**Solana Family Daily Brief, Monday, October 19, 2026 (12:15 UTC)** ## SOL price snapshot - **SOL/USDT:** $105.02 (+0.9% in 24h) - **SOL/USDC:** $104.92 (+1.0% in 24h) - **24h range:** $100.34 to $106.18 - **Market cap:** about $61.9B, with about $2.7B of 24h spot volume (CoinGecko) Over the weekend SOL dipped to the $100 psychological level and buyers stepped in. It has recovered to around $105, but the bounce stalled under $106 to $108. The bigger picture is still a cool-off: SOL is down about 6% over 30 days and trades below its 20-day (~$111.7) and 50-day (~$109.5) moving averages. It remains well above the 200-day (~$87.8). Daily RSI is about 43, which is neutral to slightly weak. ## Top Solana stories of the last 24 hours **1. Alpenglow countdown: mainnet activation on Wednesday, Oct 21** Solana's biggest consensus upgrade is scheduled for epoch 1064, around 15:00 UTC on October 21. Alpenglow replaces TowerBFT and targets transaction finality of about 150 ms, down from about 12.8 seconds today. Validators must run Agave 4.3.0. Firedancer and Frankendancer operators have a temporary switch to make. The per-epoch voting cost (about 1 SOL) becomes a flat 0.8 SOL admission fee. **2. Heads-up: "TPS" is about to drop on paper, and that is not a red flag** With Alpenglow, validator votes move off-chain. Today about 70% of mainnet transactions are votes, so reported TPS could fall by roughly 60% overnight. User activity does not change. Expect some misleading "Solana activity collapses" headlines later this week. Look at non-vote transactions, fees and DEX volume instead. **3. Treasury buying continues: DeFi Development Corp (DFDV) adds SOL** Nasdaq-listed DFDV added 3,983 SOL and SOL equivalents last week, bringing its treasury to about 2.59M SOL. It also raised the dividend on its CHAD preferred shares to 14% from November 2. Corporate treasuries keep accumulating into the upgrade. **4. Capital efficiency: Solana DEX volume is 2.2x Ethereum's** Over the last 24 hours Solana DEXs did about $1.57B in volume, versus about $706M on Ethereum (DefiLlama). Solana's TVL is about $5.9B, versus about $49.9B on Ethereum. 24h network fees were about $9.7M. Committed capital dipped slightly, to 55.7M SOL from 57.0M. **5. Tokenized RWAs on Solana reach $4.3B** Real-world assets on Solana grew from about $700M to about $4.3B in a year, about 26% of Ethereum's RWA base. Holder addresses rose 46% in a month to more than 907K. Tokenized stocks cooled from their September peak of $540M to about $455M. **6. On the radar this week** Unique active addresses hit 1.88M, a 13-month high, in the Oct 9-16 period. The USDU stablecoin is expanding to Solana. Hong Kong is getting a second spot SOL ETF via Pando Finance. A Fidelity (FCAT) report found Solana more reliable, but flagged stake and client concentration as areas to watch. US spot SOL ETFs had a run of small outflows last week, so watch for flows to turn around the upgrade. ## Market sentiment for the next 24 hours: Neutral, with a slight bullish bias **Why it could tilt up:** - Pre-Alpenglow positioning ahead of Wednesday - Steady treasury accumulation - Strong on-chain usage (DEX volume, active addresses, RWA growth) - Buyers defending $100 - Neutral futures funding (about 0.0016% per 8h), so the market is not overcrowded with longs **Why it could stall:** - SOL is still below its 20- and 50-day averages, and momentum is flat (MACD around zero) - The broader market mood is cautious after a soft "Uptober" - "Sell the news" risk around the upgrade and the expected drop in headline TPS **Key levels:** - Resistance: $106 to $108, then $110 (a daily close above $110 would flip the short-term trend) - Support: $102.3, then the $100 line. Below that, $98.5 is the next level. **Base case:** a $102 to $109 range while the market waits for Alpenglow, with volatility likely to pick up into October 21. *This is community news and analysis, not financial advice. Always do your own research.* Sources: SolanaFloor, Solana.com, Decrypt, Cointelegraph, CoinDesk, crypto.news, GlobeNewswire (DFDV), CryptoTicker, The Currency Analytics, Finbold, Blockchain.News, CoinGabbar. Price data: Kraken and CoinGecko.