Solana's ecosystem tokens have seen significant gains, with SOL rising 5.74% following the Alpenglow upgrade. Other tokens such as BONK, JUP, and RAY are also among the top gainers. The upgrade, which received 98% approval, aims to reduce latency and improve validator profitability, contributing to the surge.
On September 12, Pump.fun and Solana were the most trending projects, with PUMP increasing by 9.59%. Pump.fun also moved 13 billion PUMP tokens to Kraken to boost liquidity. The macroeconomic environment, including potential interest rate cuts, may further drive liquidity into cryptocurrencies like SOL. Additionally, Nasdaq's filing with the SEC to allow tokenized equities trading highlights blockchain's expanding role in traditional finance.
Solana Ecosystem Tokens Surge Following Alpenglow Upgrade
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