Solana (SOL) Price: $900M RWA Surge and a Rare Buy Signal — Is SOL Finally Ready to Break Out?

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TLDR

  • Solana recorded over $900 million in net RWA inflows in the past 30 days, leading all major blockchains
  • Analyst Ali Martinez flagged the first SOL SuperTrend buy signal since October, with $96 and $121 as next resistance levels
  • Robinhood Chain has entered the tokenized asset space, but analysts say it differs from Solana’s broader ecosystem
  • SOL is struggling to break $78 resistance, with ETF outflows of $700K this week turning negative
  • On-chain data shows daily active addresses rising, with the 30-day MA crossing above the 50-day MA

Solana has pulled in more than $900 million in net real-world asset (RWA) inflows over the past 30 days, according to data from RWA.xyz. That puts SOL ahead of almost every other blockchain network during the period.

The figures were highlighted by Crypto Banter, pointing to strong demand for tokenized real-world assets on the Solana network. Tokenized assets are one of the fastest-growing areas in crypto right now.

Solana already holds more than $3 billion in RWAs and has processed over $10 billion in tokenized stock volume. It supports decentralized finance, stablecoins, payments, and consumer applications all on one Layer 1 chain.

Solana (SOL) Price
Solana (SOL) Price

Crypto analyst CryptosBatman shared his view on SOL’s price action on X, saying the token “is looking very solid here.” He pointed out that price has retested its previous resistance cleanly and has broken out of a bullish falling wedge pattern, adding that it “should continue higher from here.”

Robinhood Chain Enters the Picture

Robinhood recently launched Robinhood Chain, a blockchain focused on tokenized stocks and financial assets. The move sparked debate about whether it could compete with Solana.


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According to Solana Daily, the two projects are not direct rivals. Robinhood’s edge is its large retail customer base, while Solana brings a broad public blockchain ecosystem with deep on-chain liquidity and an active developer community.

SOL Price Faces Resistance at $78

Despite the RWA momentum, SOL has struggled to clear $78. The token is down nearly 2% in the past 24 hours, and trading volume has dropped from $4 billion on July 2 to around $2 billion.

Solana ETF flows have also turned negative this week, with $700,000 flowing out. That follows inflows of over $1.1 million the prior week.

Analyst Ali Martinez noted that the ATR trailing stop has moved below the current market price — the first SuperTrend buy signal for SOL since October 10. He put $96 as the next resistance, followed by $121 if the signal holds.

On-chain data from Santiment shows the 30-day moving average for daily active addresses has crossed above the 50-day MA. The gap between the two has widened in recent days, suggesting wallets are being activated at a faster pace.

A key trend line support sits at $74. If that breaks, analysts see a potential drop to $64. A move above $78 could open the door to $90.





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