Solana holds $106 as Transaction V1 nears, while $115-$120 liquidity and $90-$95 support remain key.
Solana leads 30-day RWA growth as SOL holds above $98 and traders monitor fresh advance toward $110.
Solana (SOL) is targeting a near-term rally toward the $120 level, as bulls successfully defended the key $100 psychological support and 200-day EMA. Bolstered by a 10-week streak of positive ETF inflows and surging on-chain app revenue, the rally seems poised to keep going.
Solana holds above $98 as traders watch $110 resistance, with bullish momentum targeting the $146-$152 zone if support holds.
SOL ETFs stayed net positive in the week ending Sept. 4, while a separate Sept.
Solana attracted $348 million in 30-day RWA net flows as tokenized funds, Treasuries and equities expanded across the blockchain.
The debate highlights differing blockchain economic models, impacting user costs and potentially influencing future blockchain infrastructure development. Offchain Labs and Solana co-founders spar over whether Robinhood Chain's fee model is feature or bug.
SOL holds critical support while transaction activity and application revenue reinforce the bullish breakout case.
The dominance of Solana and Robinhood Chain in tokenized stocks highlights a shift in DeFi markets, potentially reshaping global equity trading. Solana hosts $79M in tokenized stocks, Robinhood Chain follows with $73M.
Token Terminal's expansion enhances transparency and comparability in the fragmented tokenized asset market, potentially boosting investor confidence. Token Terminal adds coverage for five tokenized stocks on Solana with $1.7M market cap.
BulkTrade's launch could intensify competition in Solana's DeFi space, potentially driving innovation and efficiency in decentralized trading. BulkTrade launches as Solana's anticipated perps exchange.
Solana's RWA growth highlights its potential to reshape financial markets, offering rapid, cost-effective transactions and attracting institutional interest. Solana's RWA ecosystem expands past $18.5B with stablecoins, funds, stocks, and commodities.