Solana could rise to $250 by the end of the year thanks to the Alpenglow update, analyst predicts

Аналітик спрогнозував ріст Solana до $250 до кінця року на тлі оновлення Alpenglow

Analysts predict significant growth in the value of the cryptocurrency Solana over the coming months. According to Sean Yang, the chief analyst at MEXC Research, the price of SOL could reach $250 by the end of the current year, provided there are no major market or regulatory obstacles. By September, the asset’s value may reach $215.

This is reported by Business • Media

The impact of the Alpenglow update on the speed and appeal of Solana

Experts identify the large-scale network update called Alpenglow as a key driver of Solana’s future growth. Its implementation is expected to reduce transaction finalization times from over 12 seconds to a record 150 milliseconds. This could position Solana as a leader among blockchain platforms in terms of transaction processing speed, surpassing competitors and even some traditional web services.

The update has already received over 99% support from validators, and its implementation promises a hundredfold acceleration of the network and the establishment of a new standard for decentralized infrastructure.

“The forecast range of $215-$250 is based on two key drivers: structural supply constraints due to staking and sustained channels of institutional adoption,” Yang emphasized.

Solana becomes a strategic asset for corporate treasuries

An important factor for the future growth of SOL is the active incorporation of the cryptocurrency into corporate treasuries. According to experts, over $1.7 billion in Solana coins is already held on company balances, indicating a shift from purely speculative trading to long-term strategic accumulation.

The analyst also notes that even potential delays from the U.S. Securities and Exchange Commission, which has postponed the review of Solana-based ETFs until October, will not negate the positive forecast but merely delay its realization.

In Yang’s opinion, after the implementation of Alpenglow, the network will become particularly attractive for high-frequency applications, payment services, and large-scale DeFi projects.

Currently, over 63% of users on the Myriad forecasting market assess the likelihood of Solana’s price rising to $250 as high.

“The transition from speculation to strategy involves embedding coins into corporate treasury strategies as a sustainable asset, rather than just cyclical trading,” Yang summarized.

At the same time, large companies are actively building reserves based on Solana. In particular, Galaxy Digital, Jump Crypto, and Multicoin Capital plan to invest $1 billion in this asset, Pantera Capital is preparing a fund of $1.25 billion, and Sharps Technology aims to raise $400 million to increase reserves based on Solana.