Solana Price Tests $180 After Alpenglow Upgrade, xStocks And Attestation Create Buzz
Solana (CRYPTO: SOL) fell 0.93% on Tuesday. The altcoin opened at $174.92, hit $179.69 intraday, and closed near $175.72 with $2.85 billion in volume. The drop comes despite announcing its Alpenglow consensus upgrade and announcement of xStocks.
Solana’s Alpenglow upgrade is gunning for sub-150 millisecond finality. If it holds up under real-world pressure, it would make Solana one of the fastest Layer-1s. The new Solana Attestation Service (SAS) rolled out as an open protocol that lets institutions link off-chain credentials to on-chain wallets. It’s a play to bring more trust and compliance-minded capital into the ecosystem.
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The Solana Foundation, Kraken, and tokenization firm Backed teamed up and announced “xStocks,” a platform for trading tokenized equities like Apple Inc (NASDAQ:AAPL), Tesla Inc (NASDAQ:TSLA), and …