November 17 2025
The price of Solana has seen a modest increase as the crypto market attempts to hold on to recent gains while the altcoin stabilizes within a crucial range.
The value of Solana (SOL) rose by more than 3% in the past 24 hours, recovering from a sharp 6% drop the previous day. This recent surge, which occurred during early trading on May 20, 2025, comes as Anza, a research and development company specializing in Solana, revealed a major change to its consensus protocol.
While SOL initially showed the potential for a bearish reversal as the price broke below the $170 level, buyers have managed to hold their ground above $165. The broader picture shows that the altcoin’s price is trading within the $160 to $180 range, a range that previously provided support as bulls managed to surge back to highs near $260. Additionally, the total value locked in Solana’s protocols has increased from a low of $7 billion in April to over $10 billion.
On May 19, Anza introduced Alpenglow, which is considered the biggest consensus change for the Solana Protocol. The core of Alpenglow involves the switch from the Tower BFT and Proof of History consensus protocol to Votor and Rotor. “Votor finalizes blocks in a single round of voting if 80% of the stake participates, and in two rounds if 60% responds. Rotor shortens the turbine tree to reduce network latency. More distribution, fewer layers, lower latency,” Anza said.
Bitcoin’s (BTC) resilience above $100.000, with forecasts pointing to a jump to $150.000–$200.000 by 2025, coupled with prospects of a new phase for altcoins, are creating broadly bullish sentiment for SOL. Furthermore, Solana’s positive outlook is bolstered by expectations surrounding crypto spot exchange-traded funds. The U.S. Securities and Exchange Commission’s decision to delay a ruling on multiple Solana spot ETFs has not diminished anticipation.
A recent political milestone has also contributed to the positive sentiment, with the US Senate passing a key vote in support of the Genius Act. Experts point out that there is a good chance that this bill, which aims to regulate stablecoins, will eventually become law. Solana’s price could benefit from any tailwinds that arise from these developments, and network growth, as suggested by the latest protocol upgrade, could also contribute to this broadly positive potential.
How has Solana's price evolved recently?
Solana price has risen by more than 3% after a sharp decline and is now trading within a stable range between $160 and $180.
What does the Alpenglow update entail?
Alpenglow marks a major change to Solana's consensus protocol, moving from Tower BFT and Proof of History to Votor and Rotor, improving the efficiency and speed of the network.
What does the recent Senate vote mean for Solana?
The Senate's approval of the Genius Act could have positive effects on Solana's price as it promotes regulation of stablecoins, which could encourage broader crypto adoption.
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