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Solana Price Prediction: Alpenglow Upgrade Due Next Quarter As EMA Ribbon Turns Bullish


Solana Price Prediction: Alpenglow Upgrade Due Next Quarter As EMA Ribbon Turns Bullish

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SOL $86.80 (May 6), +0.61%; daily EMA ribbon flipped bullish for the first time since January with a short-term technical bull target of $136.15; has ranged $82- $90 since February. Anchorage Digital to launch cashless stablecoin reserves on Solana and explore tokenized instruments with J.P. Morgan Asset Management — major institutional adoption and stablecoin custody development for the Solana ecosystem. Solana co-founder Anatoly Yakovenko confirmed the Alpenglow protocol upgrade arriving as soon as next quarter (announced at Consensus Miami 2026), a roadmap milestone likely to impact DeFi activity and token performance.

Bullish

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  • SOL trades at $86.80, up 0.61%, with the EMA ribbon turning bullish and Bull Target 1 set at $136.15.
  • Anchorage Digital is launching cashless stablecoin reserves on Solana, exploring tokenized instruments with J.P. Morgan Asset Management.
  • Solana co-founder Yakovenko confirmed Alpenglow arrives as soon as next quarter at Consensus Miami 2026.

Solana trades at $86.80 on May 6, with the daily EMA ribbon flipping bullish for the first time since January as Anchorage Digital picks Solana for J.P. Morgan-backed stablecoin reserves and co-founder Anatoly Yakovenko confirms the Alpenglow upgrade is arriving as soon as next quarter.

SOL Daily Chart: EMA Ribbon Flips Bullish With $136 As The First Target

SOL Daily Price Action (Source: TradingView)

SOL has been ranging between $82 and $90 since February, grinding inside those two horizontal boundaries without a direct…

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