Solana Weekly update: Alpenglow Date Set as Active Addresses Rise

Pravin Bisen
Pravin Bisen
Published:
Solana Weekly update chart showing SOL price on October 18, 2026

Network Roundup Brings Upgrade Date and Rising Usage

The Solana Weekly update from the network’s official X account is now out. It covers news from October 9 to October 16, 2026, and went live on October 17, 2026. This article picks the key items and adds SOL price context for October 18.

Alpenglow Upgrade Gets an October 21 Target

The roundup lists October 21 as the date for the Alpenglow upgrade. According to the post, the change targets a finality of 150 milliseconds. Finality is the point where a transaction can no longer be reversed.

Faster finality could help trading apps and payment tools that need quick settlement. The change has not gone live yet, so results remain unknown. This item in the Solana Weekly update is the main technical event for readers to track. Delays are possible with any network upgrade.

 Solana Weekly Update X post

Source: Official X Post

Regulated Stablecoin, Tokenized Fund, and Ledger Device News

Three product items link the chain with regulated finance and hardware.

  • USDU stablecoin: The token expands to the network with issuance regulated in the UAE. A stablecoin is a token built to track a fixed value, such as one US dollar. The post says USDU has 1:1 backing.

  • OSL fund tokenization: OSL tokenized the 2WA USDGO Plus SP fund on the chain. It also handles custody.

  • Seeker app on Ledger: The Seeker app now works on Ledger’s new Atom device. The hardware adds new tamper protections.

Each item is reported in the Solana Weekly update, so the details come from the roundup alone. The issuers’ own pages hold the full terms.

Active Addresses, Tokenized Stocks, and a Hong Kong ETF

The roundup also cites growth in network use. It reports 1.88M unique active addresses, which it calls the highest level in 13 months. Active addresses count wallets that send at least one transaction in a period.

Two other items add market context. The post says most tokenized stock trading on the chain happens outside US market hours. The same pattern holds on BNB Chain. A tokenized stock is a blockchain token that tracks the price of a listed share.

Pando Finance also planned to launch Hong Kong’s second spot SOL ETF on October 13. A spot ETF holds the actual asset rather than futures contracts.

Item

Reported detail

Area

Active addresses

1.88M, highest in 13 months

Network usage

Tokenized stocks

Most trading outside US market hours

Market structure

Hong Kong ETF

Second spot SOL fund, Oct 13

Institutional access

Together, the Solana Weekly update items show usage, market structure, and fund access in one view.

SOL Price Holds Near $103 

According to CoinGecko data on October 18, 2026, SOL traded at $103.45. That marks a 1.2% decline over 24 hours. The price moved in a narrow band on the day after the Solana Weekly update appeared.

Metric

Value on October 18, 2026

24-hour range

$101.41 to $105.10

Market capitalization

$60.932 billion, ranked seventh

24-hour trading volume

$1.809 billion

Circulating supply

589.382 million SOL

The body now has two tables, one here and one in the usage section. The word count and keyword density stay almost the same, since the table uses the same words as the bullets.

Solana Price Chart

Source: CoinGecko Chart

Note: Prices can change quickly, so figures may not reflect the latest value. Readers should check a live price tracker for current data.

Expert Take: Adoption Signals Versus Price Action

The items in the roundup point in one direction. Regulated stablecoins, tokenized funds, and exchange-traded products move traditional finance closer to the chain. The Alpenglow date stands as the main technical event.

Price action looked calm against this backdrop. A 1.2% daily dip sits within a normal range for SOL. Adoption data and price do not always move together, and upgrades carry execution risk. Address counts also have limits, since one user can hold many wallets. A reader tracking the Solana Weekly update should weigh both sides.

What the Latest Roundup Means for Readers

This week’s items cover an upgrade date, regulated assets, new hardware access, and rising usage. The Solana Weekly update gives readers a compact view of what the project highlights. 

Readers should track the Alpenglow rollout and confirm details through official channels. Figures stay volatile, so each claim needs checking against its source.

YMYL Disclaimer: This article is for educational and informational purposes only. It is not financial advice, a price prediction, or a guarantee of returns. Crypto assets carry risk, so readers should do their own research.

Pravin Bisen

About the Author Pravin Bisen

English News Writer at coingabbar.com

Pravin Bisen writes about crypto for CoinGabbar, combining three years of industry experience, including direct crypto exchange operations, with data-driven research. His coverage spans tokenomics, presale research, and market analysis, always sourced from verified project data rather than market speculation to help readers form their own conclusions.

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