Key Insights:
- Midweek bounce propels Solana (SOL) price back above $100.
- Tokenized equity supply on Solana network surges to $685 million, with over $60 million in tokenized equities flowing into lending protocols.
- Tokenized funds market cap crosses new milestone above $2 billion.
Solana price reclaimed the $100 price level last week after months of consolidation below the same level. A subsequent pullback sent it below the same price point this week, but demand continues to show resilience.
Solana price action achieved a mid-week bounce, with price pushing back above the $100 level on Thursday. The SOL price exchanged hands at $103 at press time.
The crypto previously slid to $97 on Wednesday before the bulls reclaimed dominance. A noteworthy outcome, demonstrating that investors were not as keen to take profits. In other words, SOL investors remained bullish, with expectations of more upside ahead.
If the momentum continues to hold, then Solana crypto might enter another sharp bullish phase. This could propel it to the next resistance zone near $148. This fresh confidence in SOL crypto price action could be tied to recent network activity, especially around RWAs.
Solana Price Action Reflects Confidence Amid Tokenized Equities Milestones
RWAs on Solana are in focus this week, especially tokenized equities. Their value on the network has grown exponentially in the last 12 months.
For context, the network had $62.58 million worth of tokenized stocks at the start of September 2025. That figure has since surged to $725.9 million as of September 4, 2026, Token Terminal data showed. This was a new milestone for tokenized stocks.
Stablecoin issuer Circle was the leading tokenized stock on Solana, with a $73.3 million market cap. Tesla stock was the second at $67.5 million, while MicroStrategy was third at $$59.4 million.
The tokenized securities have been driving significant activity within the Solana ecosystem. Analyst Solana Sensei (pseudonym) noted that lending protocols operating on the network have so far received $60 million worth of tokenized securities deposits.
These tokenized securities may have contributed to a recent spike in non-vote transactions on the Solana network.
The tokenized stocks milestone highlights the level of trading volumes that the segment is now contributing within the Solana ecosystem.
Tokenized Funds Market Cap Surges Past $2 Billion
Still with RWA growth, funds have also been gaining popularity on the Solana network. They are among the fastest-growing segments of the RWA narrative.
According to Token Terminal, the tokenized funds market cap pushed to $2.1 billion at the time of observation. This was the highest point so far, and another key milestone under Solana’s belt.
For reference, the tokenized funds market cap was less than $200 million at the start of 2025. BlackRock’s BUIDL fund has the biggest share of the funds market cap at $937 million.
Commodities accounted for the smallest segment of the RWAs segment on Solana. Their total market cap was $33 million. Stablecoins sat at the other end of the spectrum, with a massive $14.9 billion market cap.
However, it is worth noting that stablecoins have achieved the least growth on a year-to-date basis. Nevertheless, they are still one of Solana’s biggest sources of revenue. This is because the lion’s share of the on-chain activity uses stablecoins for liquidity transfer.
In summary, Solana has been positioning itself as one of the biggest players in the RWAs segment. The growth it has achieved so far makes it evident that its efforts have been paying off. Analysts believe that the RWAs segment is still in its infancy; hence, more growth is expected in the next few years.
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