Solana's upgrade plan is progressing steadily. Through the two major technological iterations of Firedancer and Alpenglow, network performance has seen a significant leap—measured TPS has already surpassed 1 million, with confirmed latency controlled within 150 milliseconds. What does this mean? Validator costs have been directly cut by 50% to 80%, and the threshold for participating in network maintenance has been greatly lowered.

The ecosystem performance is even more impressive. The DePIN (Decentralized Physical Infrastructure) sector now has a market cap of $4.2 billion, and the total value locked (TVL) in DeFi remains stable at around $8.9 billion. Meanwhile, internet giants like Shopify and Stripe are beginning to collaborate within the Solana ecosystem, as traditional businesses gradually migrate onto the chain. The DEX market is booming—annual trading volume has reached $1.05 trillion.

Back to the price level, SOL is currently trading in the $125-$130 range. Many market analysts are optimistic about the future trend, generally expecting it to reach the $200 mark by 2026. Of course, whether it can truly break through depends on ecosystem development and external market conditions. How will the competition between Solana and Ethereum L2 ecosystems unfold? There is no definitive answer yet, but from the progress in technology and application ecosystems, it is indeed worth continuous observation.