Solana pushed toward the $100 mark last week, buoyed by more than $65 million in spot SOL ETF net inflows between May 4 and 11 — the strongest weekly inflow figure the nascent product category has recorded in recent months. The confluence of price momentum and sustained institutional buying is drawing fresh attention to the broader ecosystem.
Ecosystem tokens reflected the bullish backdrop sharply: CMU, GIGA, and TROLL each surged over 160% on the week, while established mid-caps like JTO (+30.6%), JUP (+30%), and IO (+28.4%) posted meaningful gains that suggest the bid extended well beyond speculative micro-caps.
On the protocol layer, Solana developers unveiled Alpenglow, a new consensus mechanism targeting approximately 150ms transaction finality. While still early-stage, the announcement added a technical tailwind to ecosystem sentiment — faster finality directly addresses one of…
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