2026-01-15 Thursday

Crypto News

Indulge in the Hottest Crypto News and Market Updates
Solana – 2 reasons why SOL’s rally past $215 is just the start!

Solana – 2 reasons why SOL’s rally past $215 is just the start!

The post Solana – 2 reasons why SOL’s rally past $215 is just the start! appeared on BitcoinEthereumNews.com. Key Takeaways Solana rally is building. With institutions stacking, and a major upgrade ahead, SOL could be gearing up for an ETH-style run. Ethereum [ETH] has long flexed its institutional muscle.  With the spot ETF launch, billions flowed into ETH, pushing its market cap close to $600 billion. Solana [SOL], meanwhile, is catching up fast. Its market cap recently hit $120 billion, powered by massive staking inflows. Now, the final frontier between the two is on-chain fundamentals. Interestingly, Solana rally looks ready to start flexing there too. Alpenglow proposal goes to vote The Solana community has kicked off voting for the Alpenglow proposal. The goal of the upgrade is ambitious: Slash block finality from 12.8s down to just 150ms. In practice, this turbocharges the network layer, enabling tens of thousands of TPS, while keeping transaction fees near-zero.  By contrast, Ethereum’s 12-minute finality looks glacial. In fact, it is about 60× slower than Solana’s current 12.8-second finality, and a staggering 4,800× slower than Solana’s 150ms target with Alpenglow. Source: Chainspect Simply put, Solana finalizes txs instantly, while Ethereum takes minutes. That massive speed advantage translates directly into fees, fueling the Solana rally. Backing this, average on-chain fees on SOL hover around $0.05 per transaction, compared with Ethereum’s $0.75.  In short, with Alpenglow, Solana tightens its network fundamentals. The big question is, will this high-throughput setup draw smart money and accelerate the Solana rally even further? Utility pulling smart money into the Solana rally Solana devs’ strategic layout is finally pulling in big money.  According to the Strategic SOL Reserve, 13 institutions hold 8.277 million SOL ($1.72 billion), or 1.44% of the circulating supply. Of that, 585k SOL are actively staked. Why does this matter? These whales aren’t just hodling. Instead, they’re locking up capital to earn yield, strengthening Solana rally, liquidity…
Solana DeFi TVL nears all-time high at $11.7B but daily fees remain stuck under $2 million

Solana DeFi TVL nears all-time high at $11.7B but daily fees remain stuck under $2 million

The post Solana DeFi TVL nears all-time high at $11.7B but daily fees remain stuck under $2 million appeared on BitcoinEthereumNews.com. Increased capital has clustered around Solana over the past month, even as user activity shows mixed momentum. Per DeFiLlama, Solana’s 24-hour DEX volume recently printed about $4.6 billion, with perpetuals near $2.1 billion. Stablecoin supply sits around $12 billion, native TVL is back near all-time highs at $11.7 billion, bridged TVL is tracked near $57 billion, and active addresses hover in the low-to-mid millions daily. Solana DeFi TVL (Source: DefiLlama) At the same time, 24-hour chain fees are roughly $1.6 million, and daily transactions are about 65 million, a profile that reflects deep liquidity and steady throughput rather than acceleration in fee capture. As for price context, SOL traded around $198 at publication. Solana Chain fees (Source: DefiLlama) The divergence between liquidity and usage has been building since the second quarter. Messari reported in its Q2 State of Solana that average daily spot DEX volume fell 45.4% quarter over quarter to $2.5 billion after the memecoin spike faded, even as DeFi TVL grew, positioning Solana as the No. 2 network by TVL. That backdrop helps explain the current mix: order flow and capital are available when risk appetite returns. However, fee and revenue growth remain sensitive to the activity composition and market cycles. The Solana mix Derivatives markets reinforce the liquidity picture. CoinGlass shows robust perpetual activity in SOL. Funding appears orderly rather than stretched, consistent with an environment where leverage is present but not overheating. This matters for microstructure; steady funding lowers the odds of outsized forced flows and keeps depth available to market makers when spot leads or follows. On-chain cash and venues continue to concentrate on Solana even without a concurrent jump in monetization. DeFiLlama’s chain dashboard lists stablecoins above $12 billion and multi-billion dollar daily DEX turnover, while app fees and chain revenue trend materially below the…
Solana prepares for Alpenglow – Blockworks

Solana prepares for Alpenglow – Blockworks

The post Solana prepares for Alpenglow – Blockworks appeared on BitcoinEthereumNews.com. This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Solana’s consensus stack, proof-of-history sequenced with TowerBFT, has always delivered faster block times than competitors. But finality still sits around 10-20 seconds, far from the Nasdaq-level latency Solana aspires to. SIMD-0326 (“Alpenglow”) proposes cutting finality to ~100-150ms by moving validator voting off-chain. Today, validators continuously post votes onchain to signal fork choice, and these votes dominate throughput despite carrying no user value.  Source: SolScan Under Alpenglow, validators instead pay a fixed “Admission Ticket” of 1.6 SOL per epoch, burned to the network. Leaders then gather votes off-chain through a component called Votor, compress them into certificates, and write those certificates onchain. The result is a swap: Millions of low-value vote transactions are replaced by one predictable fee per validator, lowering consensus overhead by ~20% and freeing blockspace for user activity. The design also adjusts fault tolerance. TowerBFT today remains live unless more than 33% of stake is adversarial. Alpenglow introduces a “20+20” model, where the chain stays live with 20% malicious stake and another 20% offline. For applications like DeFi, specifically perpetual exchanges like Drift, sub-second finality transforms Solana from “fast” into a real-time settlement layer. The economics are still under debate. Smaller validators face a flat 1.6 SOL per epoch fee regardless of stake, while reward flows remain undefined. Governance discussions (epochs 833-842) have emphasized the need for a clear rollout path, including sequencing for Alpenglow’s components. Still, if implemented, SIMD-0326 would represent one of Solana’s most significant structural upgrades. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/solana-prepares-for-alpenglow