🥛 Solana’s biggest upgrade ever ⚡

··5 min read
Crypto/Web3FinanceTechnology
Share𝕏inEmail

AI Summary

Milk Road reports that Solana's Alpenglow upgrade goes live Oct 21, cutting transaction finality from ~12.8 seconds to ~150ms. It also covers Nexo's Digital Wealth Survey showing wealthy investors expect crypto to be a top wealth builder but rarely hold it long term. Short items include the GMGN Global Championship and Franklin Templeton's view that institutional fear of crypto has flipped.

Key Facts

✓Solana's Alpenglow upgrade lands Oct 21, targeting finality of 150ms, but SOL trades at ~$106 with analysts split on value capture.
✓Nexo's Digital Wealth Survey shows 19.2% of wealthy investors expect crypto to be their top 10-year wealth builder, yet only 2% plan to hold 10+ years.
✓Franklin Templeton says institutions now fear being left behind in crypto rather than fearing entry.

Author Takes

Bullish

Solana AI agent economy

Solana will win the AI agent economy, with machines paying each other in stablecoins for data, compute, and APIs.

Neutral

Solana positioning

Solana is a high-speed trading engine whose real rivals are Hyperliquid and Lighter; NEAR is better for AI agents, but $100 is a great place to add.

Bearish

Bitcoin price

BTC could test $78-80K before November, and SOL rarely gets a free pass when Bitcoin dips.

Related topics

Related

📰Briefing📈Intelligence📚Library