The 150-millisecond upgrade for $SOL —how far is it from truly delivering?
SOL is a altcoin worth watching for trading activity in this cycle. As of around 09:16 Beijing time on September 27, Binance spot SOL/USDT shows a rolling 24-hour trading volume of about 218 million USDT, with a price change of roughly -0.54%. This is the volume of a single trading pair—not net inflows across the entire market.
【What happened】
On September 26, CoinDesk reported that Solana’s Alpenglow upgrade has been running on devnet and testnet: the switch on testnet was completed on September 24, and the developer network switched on the 25th. The upgrade aims to reduce the transaction finalization time from about 12.8 seconds to 150 milliseconds.
However, there are two key limitations: 150 milliseconds is still a target based on simulated derivation and has not yet been continuously verified under real market conditions; the mainnet rollout date is still not determined. You can’t write testnet progress as proof that mainnet has already accelerated.
【My analysis: technical value and token price should be validated in two steps】
Faster finality could reduce waiting and uncertainty in payment and transaction settlement, benefiting applications that need frequent settlement. But users’ total end-to-end waiting time also includes wallet handling and the exchange/trading platform’s own deposit verification checks.
For SOL price, what truly needs validation is whether performance improvements lead to sustained usage—and then translate into network fee demand. The fact that it launches on testnet by itself cannot prove that additional buying demand has already arrived. Right now, trading is active, but the price is slightly down over 24 hours, which is also a reminder that high volume doesn’t necessarily mean funds are only flowing into buys, and it doesn’t allow us to conclude that the market is pricing the upgrade.
【An easy-to-misjudge data change】
This upgrade will cause validators to exchange votes directly, rather than writing these votes into blocks as transactions. Therefore, the “total number of transactions” that includes votes may decline, even if real user activity has not decreased.
My approach is to use the same measurement methodology before and after the upgrade, focusing on non-vote transactions, application usage, and fees. Don’t judge ecosystem decline based on total TPS alone.
【How to observe next】
First, wait for the mainnet to clarify its exact timing and obtain evidence of test stability, and don’t treat dates when other features were reactivated as the Alpenglow launch date.
Second, track the confirmation latency and failure rate after rollout, and whether actual application usage improves. Developers should also verify that their transaction-history services are compatible, to avoid mixing in candidate block records not selected by the network.
Third, don’t chase the market just because the number “150 milliseconds” exists. First see whether real usage keeps up, then evaluate together with the sustainability of trading volume. If the mainnet is delayed, stability requirements aren’t met, or usage doesn’t grow, the view that “the upgrade will drive demand” should be downgraded.
Technical progress is worth tracking, but the ultimate payoff depends on adoption and the buy-in price.
Source: CoinDesk, September 26, 2026
https://www.coindesk.com/tech/2026/09/26/solana-s-150-millisecond-settlement-upgrade-reaches-second-public-test-network
Market: Binance spot public 24-hour interface, around 09:16 on September 27, 2026 (Beijing time). The above impact assessment is based on personal analysis and does not constitute investment advice.
#Solana #加密新闻
SOL is a altcoin worth watching for trading activity in this cycle. As of around 09:16 Beijing time on September 27, Binance spot SOL/USDT shows a rolling 24-hour trading volume of about 218 million USDT, with a price change of roughly -0.54%. This is the volume of a single trading pair—not net inflows across the entire market.
【What happened】
On September 26, CoinDesk reported that Solana’s Alpenglow upgrade has been running on devnet and testnet: the switch on testnet was completed on September 24, and the developer network switched on the 25th. The upgrade aims to reduce the transaction finalization time from about 12.8 seconds to 150 milliseconds.
However, there are two key limitations: 150 milliseconds is still a target based on simulated derivation and has not yet been continuously verified under real market conditions; the mainnet rollout date is still not determined. You can’t write testnet progress as proof that mainnet has already accelerated.
【My analysis: technical value and token price should be validated in two steps】
Faster finality could reduce waiting and uncertainty in payment and transaction settlement, benefiting applications that need frequent settlement. But users’ total end-to-end waiting time also includes wallet handling and the exchange/trading platform’s own deposit verification checks.
For SOL price, what truly needs validation is whether performance improvements lead to sustained usage—and then translate into network fee demand. The fact that it launches on testnet by itself cannot prove that additional buying demand has already arrived. Right now, trading is active, but the price is slightly down over 24 hours, which is also a reminder that high volume doesn’t necessarily mean funds are only flowing into buys, and it doesn’t allow us to conclude that the market is pricing the upgrade.
【An easy-to-misjudge data change】
This upgrade will cause validators to exchange votes directly, rather than writing these votes into blocks as transactions. Therefore, the “total number of transactions” that includes votes may decline, even if real user activity has not decreased.
My approach is to use the same measurement methodology before and after the upgrade, focusing on non-vote transactions, application usage, and fees. Don’t judge ecosystem decline based on total TPS alone.
【How to observe next】
First, wait for the mainnet to clarify its exact timing and obtain evidence of test stability, and don’t treat dates when other features were reactivated as the Alpenglow launch date.
Second, track the confirmation latency and failure rate after rollout, and whether actual application usage improves. Developers should also verify that their transaction-history services are compatible, to avoid mixing in candidate block records not selected by the network.
Third, don’t chase the market just because the number “150 milliseconds” exists. First see whether real usage keeps up, then evaluate together with the sustainability of trading volume. If the mainnet is delayed, stability requirements aren’t met, or usage doesn’t grow, the view that “the upgrade will drive demand” should be downgraded.
Technical progress is worth tracking, but the ultimate payoff depends on adoption and the buy-in price.
Source: CoinDesk, September 26, 2026
https://www.coindesk.com/tech/2026/09/26/solana-s-150-millisecond-settlement-upgrade-reaches-second-public-test-network
Market: Binance spot public 24-hour interface, around 09:16 on September 27, 2026 (Beijing time). The above impact assessment is based on personal analysis and does not constitute investment advice.
#Solana #加密新闻