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Solana's Week. A New ETF Record, a Friday High, and Alpenglow One Day Away

By India Crypto Research|2 mins read

Last Updated on: Sep 28, 2026|Published On: Sep 28, 2026

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Key Takeaways

Unlike other crypto assets, the weekly high for SOL was set on Friday, when it reached an intraday high of $122.85.
Solana-related ETFs recorded their best week ever, with a record $188.21 million of inflows. This extended a weekly inflows streak to 12 weeks.
The largest inflow for the week, $86.7 million, occurred on Friday. For the week, Bitwise's BSOL fund accounted for 68% of the week's flows.
The upgrade for Solana, dubbed Alpenglow, is scheduled to be completed on September 28th. This will achieve near-instant finality for Solana transactions.

Part of a series

Crypto Market Updates

Bitcoin's Week. A Mixed CPI Report, Four Days of ETF Outflows, and a Vote Nobody Can Call

1. Tuesday-Wednesday, 8-9 September
2. Thursday, 10 September: The worst day of the week for ETFs
3. Friday 11 September: balanced CPI data grew confidence for both hawks and doves
4. Monday, 14 September
5. The vote that hangs over everything

XRP's Week. A Fall Under $1.34, a Zero-Flow Day, and the Only ETF Category That Never Went Negative

1. Tuesday to Thursday, 8 to 10 September
2. Friday, 11 September: price recovers, flows go flat
3. 12 to 13 September
4. The real story: XRP’s ETFs never went red.
5. Wall Street is beginning to use XRP ETFs as collateral
6. What it means

BNB's Week. A $752 Open, a Drop Under $710, and a Real-World-Asset Crown Taken From Solana

1. Tuesday to Thursday, 8 to 10 September
2. Friday, 11 September: The CPI spike works in BNB's favor as well
3. The weekend: 12 to 13 September
4. The Real Story: BNB Chain Blows Past Solana for Real-World Assets
5. Still no BNB ETF, but the filings keep moving.
6. What it means

Market Update: BNB’s $700 Battle, What’s Behind the Pullback?

1. BNB Had Its Own Big Week Too. Here's What Actually Happened
2. The rally into midweek
3. The pullback
4. Today, 1 September
5. What actually drove the rally
6. How it compares to bitcoin's week

Solana Market Update: Governance Vote Rewrites Inflation and Token Economics

1. Solana Just Rewrote Its Own Economics. Here's the Full Story
2. The rally into the vote
3. Friday's governance vote
4. The weekend and into today
5. Why this matters more than a normal price swing

Market Update: Ethereum’s $2,500 Wall, ETF Inflows Keep Climbing

1. Ethereum, Near-Record ETF Inflows, Staking kept climbing through the month, a Wall at $2,500, and a Close Near $2,419
2. ETF inflows never went negative in the last week
3. Staking kept climbing through the month
4. What's still working underneath the chop

Market Update: TRX Holds Steady as Nasdaq Treasury Keeps Buying

1. A Nasdaq Treasury Keeps Buying While the Price Barely Moves
2. The week in price
3. The real story: a Nasdaq company that keeps buying TRX
4. A staked TRX ETF is still waiting on the SEC
5. Why any of this matters for TRX specifically

Solana's Week. A Trip to $98.65, an ETF Market Measured in Millions Not Hundreds of Millions, and an Upgrade Still Waiting to Go Live

1. Between Tuesday and Wednesday, 8 and 9 September:
2. Thursday, 10 September: a multi-week low
3. Friday, 11 September: the CPI spike lifts SOL back above $100
4. Monday 14 September
5. A network upgrade that isn't activated yet.
6. Defining moments

Bitcoin Mining and Number of Bitcoins Mined Till Today

1. 1. What Is Bitcoin Mining?
2. 2. Why Bitcoin Mining Matters
3. 3. How does the Bitcoin Mining Process Work
4. 4. The Evolution of Bitcoin Mining
5. 5. How Bitcoin Miners Earn Money
6. 6. Bitcoin Halving and the 21 million Supply
7. 7. The Future of Bitcoin Mining
8. Conclusion

Ethereum's Week. A $2,654 Spike, Two ETF Outflow Days Instead of Four, and a Quarter That's Up 60%

1. CPI for Friday, September 11
2. Monday, 14 September
3. Institutional staking as an infrastructure service
4. What this means

Bitcoin's Week. A Fed Governor, a Jobs Report, and $730 Million in One Day

1. Monday to Wednesday, 31 August to 2 September
2. Thursday, 3 September: Waller talks, bitcoin flies
3. Friday, 4 September: the jobs report undoes it
4. The weekend: 5 to 7 September
5. The ETF money, day by day
6. What it means

Ethereum’s Week: Whales Are Buying, Retail Is Selling, and $2,544 Won’t Budge

1. Monday to Thursday, 31 August to 3 September
2. Friday, 4 September: a fresh high, then the jobs report
3. The weekend: 5 to 7 September
4. Whales Buying, Retail Selling
5. ETF demand cooled off sharply
6. Behind the scenes: Vitalik on Ethereum's cryptographic future
7. What it means

Solana’s Week: A Death Cross, $348M in RWA Flows, and a Choppy Climb to $105

1. Monday to Thursday, 31 August to 3 September
2. Friday, 4 September: the jobs report cools things down
3. Monday, 7 September
4. ETF flows swung both ways
5. Solana still leads on real-world assets.
6. A death cross is now in place.
7. What it means

Solana's Week. A Fall Under $96, a 17% Faster Network, and an ETF Streak That Wouldn't Break

1. September 16: The Fed Hikes; SOL Remains Strong
2. September 17: Positive Close on Quiet Network Upgrade
3. September 18: Investor Favor Continues; Major Speed Upgrade Activated
4. The recent improvements to the network and what is ahead
5. What's happening

Ethereum's Week. A Drop Under $2,400, a Glamsterdam Milestone, and a Missed Shot at $2,672

1. Tuesday, September 15: ether follows bitcoin lower
2. Wednesday, September 16: FED raises rates, Ether tests Glamsterdam
3. Thursday, September 17: further Ether outflows
4. Sept. 18: Rally arrives, flows turn positive
5. The remainder of the week, Sept. 19-20:
6. What the recent test run means
7. What it Means

XRP's Week. A 9.8% Crash, Ripple's Legal Team Speaks Up, and a Ledger Upgrade Racing Toward Activation

1. September 15: The Crash, and What's at Stake for XRP
2. September 16: bottom before the rate hike
3. September 17: sideways price action and the approach of the Ledger update
4. What the Batch V1.1 update does and the reason for a partial rebuild
5. What it Means

BNB's Week. A Dip to $704, a $768 Peak, and a Correction on a Previous Claim

1. Thurs. 17 September: continued climb
2. Fri. 18 September: Week's high
3. 19-20 Sept. Weekend
4. Revising BNB's ETF section of last week's report
5. What it means

Bitcoin's Week. A Failed Senate Vote, a Fed Hike, and a Rally That Shrugged Off Both

1. Tuesday, September 15: The CLARITY Act Fails
2. Wednesday, 16 September
3. Thursday, 17 September
4. Friday, 18 September
5. The Weekend: Sep 19-20
6. The Cross
7. What it means

Regulation’s Week- ICR Crypto Regulation Updates

1. India: Enforcement Over Legislation
2. United States: Regulators Move Without Congress
3. European Union: MiCA Is Live, But Already Changing
4. Steady and Predictable: Dubai
5. What This Means for the Reader

Bitcoin Treasuries Week: Trump's MSTR Stake, Strategy and Strive Both Buy, and BTC Breaks $84,000

1. Top 3 Latest News on BTC Treasuries
2. Top 5 Bitcoin Holding Companies
3. Top 5 Bitcoin ETFs
4. Top 5 Government Bitcoin Holdings
5. Top 5 Ethereum Treasury Companies
6. Most Important Digital Credit Instruments
7. Summing Up

XRP's Week. A Seven-Year Chart Pattern Completes, Goldman Sachs Shows Up, and ETFs Wake From a Freeze

Bitcoin Reclaims Its Cost Basis but the Buyers Have Not Returned

1. This week in one minute
2. Why does it matter that Bitcoin is back above its cost basis?
3. Where is the new money and buying for this current rally?
4. Bitcoin unfazed by interest rate hike
5. Holders are calm, not greedy
6. Miners keep adding power
7. Leverage is neutral ahead of a big expiry.
8. Where are the key levels?
9. What this means for Indian readers
10. What is yet to occur

BNB's Week. A Touch of $807, a Wednesday Low, and the Fed's Stablecoin Rules Land Right in BNB's Backyard

Current Article

Solana's Week. A New ETF Record, a Friday High, and Alpenglow One Day Away

Ethereum's Week. A $2,800 Rejection, Five Straight Days of ETF Inflows, and a Quiet Quarter-End

SOL finished at $111.06 on September 20, and by the end of the day on Monday, it had risen to $118.96, a gain of 7.02% and its highest level since January. The rest of the week brought further moves. Here's what happened next.

Monday, September 21: Rally to January Levels

SOL opened at $111.19 and quickly moved higher, closing the day at $118.96, a gain of 7.02% and an intraday high of $119.96. The move was coincident with a broader market rally that lifted Bitcoin to more than $87,000. Solana ETFs also opened the week with more than $26 million in new capital, with the Bitwise ETF (BSOL) receiving more than $14 million of that capital.

Tuesday, September 22: Sideways

SOL pulled back slightly, losing 0.34% and closing at $118.56. Solana ETFs continued to see new capital, with more than $28.9 million in new capital on the day.

Wednesday, September 23: Sharp Pullback

SOL lost 2.99% and closed at $115.01, its steepest single-day decline of the week. ETF capital inflows for SOL also pulled back to $13.7 million, the smallest of the week, though the streak stayed unbroken.

Thursday, September 24: Rally Resumes

SOL gained 1.77% and closed the day at $117.05. ETF capital inflows more than doubled to $32.8 million.

September 25th: the Week's Best Day

Solana got a strong day this Friday, shooting up 4.37% and closing at $122.16. It touched an even higher intraday high of $122.85, the actual peak for the entire week. ETFs focused on Solana also shot up with investors pumping in a record $86.7 million in a single day. This brought the week's total to $188.21 million.

SOL/USD daily closes, 21 to 27 September 2026

Solana eased back for the rest of the week. Bitcoin saw its own Iran-related volatility this weekend, while broader crypto markets stayed relatively quiet. Solana slipped slightly off its weekly high, closing Saturday at $121.45 and Sunday at $121.39. One company also disclosed it bought 101,381 SOL, worth more than $10 million, pushing up its holdings to about 2,490,600 SOL.

US Spot Solana ETF Net Daily Flows, 21 to 25 September 2026

What Alpenglow Means, After This Window Closes

We are now just one day away from Solana's Alpenglow upgrade. We reported on this upgrade last week and put the target date for this upgrade as the 28th of September. This particular upgrade improves the finality of transactions on the Solana blockchain by reducing the time required for a transaction to be finalized from 12.8 seconds to just 150 milliseconds. The improvement in finality would make Solana's settlement time virtually instantaneous. Final validation of the upgrade continued on the Solana public test network through the last week of September.

What this means

From its Monday low of $110.88 to its Friday high of $122.85, SOL rose by 10.80% over the course of the week. The improvements in the ETF of Solana-based assets this week have also gained more attention than both Ether and Bitcoin's own ETF weeks in relative terms. During the week, the ETF gained $188.21 million and extended its inflow streak to 12 weeks. Friday was the best day for the ETF since its inception. Improvements in the ETF and the approaching Alpenglow upgrade mean SOL has many positive forces at work.

This report is being released on September 27th. Prices and figures are sourced from Investing.com, CoinGecko, Farside Investors, Invezz, CryptoPotato, U.Today, COINOTAG, CoinGabbar, and OpenPR reporting.

Disclaimer

India Crypto Research operates independently. The information presented herein is intended solely for educational and informational purposes and should not be construed as financial advice. Before making any financial decisions, it's essential to undertake your own thorough research and analysis. If you're uncertain about any financial matters, we strongly recommend seeking guidance from an impartial financial advisor.