Lookonchain APP

App Store

Solana to launch Alpenglow upgrade on Wednesday, transaction finalization time expected to be reduced to 150 milliseconds.

53 minutes ago

Solana to Launch Alpenglow Upgrade on October 21, One of Network’s Largest Underlying Overhauls Since 2020 Solana will roll out its Alpenglow upgrade on October 21, marking one of the most significant foundational overhauls the network has undergone since 2020. The upgrade will replace the existing validator voting mechanism, aiming to cut transaction finalization time from roughly 6 seconds to 150 milliseconds—an approximate 40x speed boost. At the core of the upgrade is shifting validator voting from on-chain to off-chain, consolidating votes into certificates that enable transaction finalization within 1 to 2 consensus rounds. If mainnet performance meets expectations, Solana’s transaction confirmation speed will approach that of credit card payments or centralized exchanges, enhancing user experiences for meme coin trading, stablecoin payments, and on-chain platforms. The upgrade will also reduce validator costs. Currently, validators pay around 2 SOL in daily voting fees. Post-upgrade, voting fees will be eliminated, replaced by a fixed validator access fee per epoch: 0.8 SOL per ~24-hour epoch, an estimated cost reduction of roughly 60%. However, the testing process faced hurdles. According to Galaxy Digital, since the testnet launched in early May, it has been wiped and restarted from scratch six times. One migration attempt caused a full testnet failure requiring a rollback; subsequent migrations ultimately succeeded, paving the way for the mainnet launch. All issues occurred on the testnet, with no impact on real funds. Per the announcement, the upgrade will begin at the start of Epoch 1064 on Wednesday, and complete the switch at Slot 459,653,000 after a 5,000-slot transition phase.

Relevant content

ZachXBT: An entity is suspected to have had approximately $2.84 million stolen by North Korea-linked group SquidSquad.

According to ZachXBT’s monitoring, an institutional entity was allegedly hacked by North Korea-linked group SquidSquad on BNB Smart Chain (BSC) on October 8, with approximately $2.84 million stolen. Per its tracking, the attacker deposited 1,111.2 ETH into Tornado Cash on October 20, then withdrew the funds to three addresses, before cross-chain transferring the assets from Ethereum to Tron via USDT and aggregating them into two addresses. All of the aforementioned aggregation addresses have financial ties to addresses previously attributed to North Korean actors. The funds then flowed through intermediate addresses to an over-the-counter (OTC) platform within minutes. ZachXBT believes this move may be aimed at evading potential Tether fund freezes.

1 seconds ago

NASDAQ-listed company BNB Standard will begin trading on October 26.

Nasdaq-listed company BNB Standard (stock code: BNC) announced it will ring the Nasdaq opening bell on October 26 to celebrate its corporate rebranding and the appointment of a new management team. The company’s chief executive officer will attend the bell-ringing ceremony alongside board members, its management team, investors, and ecosystem partners.

1 seconds ago

Upbit suspends GRAM deposits and withdrawals; trading remains unaffected during the wallet maintenance period.

According to an Upbit announcement, due to maintenance of GRAM wallets on The Open Network (TON), the exchange has suspended GRAM deposit and withdrawal services as of the announcement date of October 21, 2026. The service resumption time is pending, with further updates to be announced separately. GRAM trading operations will not be impacted during the maintenance period.

1 seconds ago

Starknet Foundation Launches Bramble Wallet, Supporting STRK20 Minting

According to official announcements, the Starknet Foundation has launched the Bramble wallet, which integrates STRK20 shielding functionality to enable users to hold private balances. Currently, Bramble is only available as a Chrome browser extension, with support for a broader ecosystem set to launch soon.

1 seconds ago

Whales Open 10x Longs on 29,798 $ZEC ($37.57M) in 15 Hours

Whales are going long on $ZEC! Over the past 15 hours, 2 whales opened 10x longs on a total of 29,798 $ZEC ($37.57M).

1 seconds ago

A crypto whale has taken a 10x long leveraged position on nearly 30,000 ZEC tokens, worth $37.57 million.

According to Lookonchain's monitoring, two whales opened 10x leveraged long positions on ZEC in the derivatives market over the past 15 hours, holding a total of 29,798 ZEC worth approximately $37.57 million.

1 seconds ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano