SOL Token Drops 6.67% Amid $2.57B Surge in Volume and Upcoming Alpenglow Upgrade

Solana (SOLUSDT) experienced a notable price decline over the last 24 hours, with the Binance price falling from 143.92 to 134.32, representing a 6.67% decrease. This drop appears to coincide with broader market consolidation and profit-taking after reaching a recent local high, despite strong real-world asset growth, continued developer activity, and rising institutional interest linked to new ETF launches. The recent uptick in trading volume to $2.57 billion—up 19.60% from the previous day—reflects heightened trader engagement amid volatility. Current market capitalization stands near $80.6 billion, with circulating supply between 565 and 570 million SOL. Key support levels have shifted lower, while the anticipated Alpenglow upgrade and continued institutional accumulation remain important factors for future price action.