Solana Trades in Tight Range Above Key Moving Average as Network Upgrade Awaits Date

Solana remains compressed between its 20-day moving average and recent resistance while developers prepare for the Alpenglow consensus transition.

6 October 2026 · -1

Solana traded at $120.36 on October 6, reflecting a muted daily range of 2.13% between $118.97 and $121.51. The asset held a market capitalisation of $70.8 billion across 588,385,318 circulating tokens, with 24-hour trading volume near $2.48 billion.

Chart analysis identifies three primary technical levels framing the price action. The 20-day moving average at $117.32 acts as immediate downside support, while the 90-day high at $122.08 marks overhead resistance. A broader support level sits further down at $106.50.

The subdued trading coincides with ongoing development work on the upcoming Alpenglow consensus upgrade, for which a release date has not yet been confirmed. Over longer timeframes, the price is up 12.87% over 30 days but remains 48.25% lower over one year and roughly 59% below its January 2025 all-time high of $293.31.

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