The Solana network is preparing for the Alpenglow protocol upgrade. This update aims to reduce the network's finality time from the current 12.8 seconds to approximately 150 milliseconds. The transition is intended to improve the network's performance for institutional use cases and increase its competitiveness against traditional payment systems.
Key stakeholders involved in the development and testing of this upgrade include Solana Labs and Galaxy. Galaxy has been involved in testing the update since its early stages. Market observers are now monitoring the activation of Alpenglow on the Solana mainnet as a critical milestone for the network's future development.
