Drift is set to launch a multi-collateral perpetual mobile app on the App Store and Solana Mobile in the first quarter of 2026, as announced by co-founder Cindy Leow at the Solana Breakpoint conference. The app will feature a native liquidity provider, Prop AMM, and a fully on-chain central limit order book, with plans for a community-owned ownership token. Drift V3, currently live, boasts significant improvements including 10x faster execution, 5x tighter stop-loss prices, and 10x lower slippage. It supports SOL and LST as collateral, with on-chain data indicating enhanced performance metrics, positioning Drift as a notable altcoin to watch in 2026.