Solana Price Prediction Eyes $116 as RWA Deposits Reach $75M

TLDR:

• Solana price prediction keeps $114 to $116 in view while SOL holds the $95.13 Fibonacci level and challenges resistance near $100.
• Solana controls $75.4 million of tokenized-stock DeFi deposits, representing 64.5% of the market tracked by Token Terminal.
• Solana attracted $263 million in 30-day RWA inflows while Ethereum recorded $337 million in outflows during the same period.
• A weekly Elliott Wave chart maps a possible $160 to $180 recovery, but a decisive break below the recent low would invalidate the setup.

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Solana traded near $95 after rebounding from the $60 region, while fresh tokenization data strengthened its network story. The Solana price prediction now combines a 26% weekly recovery with growing use of tokenized stocks inside decentralized finance. Token Terminal data place Solana at $75.4 million in related DeFi deposits, equal to 64.5% of the tracked market. 

Ethereum, BNB Chain and Base trail that total. SOL still faces immediate resistance around $99 to $100. Yet its stronger on-chain activity gives traders a fundamental signal alongside the technical rebound. Support at $95.13 now separates consolidation from a deeper pullback over coming sessions.

Solana Price Prediction Gains Support From Tokenized Stocks

The latest deposits show tokenized stocks moving beyond issuance into lending, liquidity and collateral markets. That shift matters because assets become more useful when holders can deploy them inside DeFi. Solana’s low fees and fast settlement support frequent transfers, smaller positions and continuous trading.

The broader real-world asset market reinforces that pattern. Solana attracted $263 million over the 30 days ending Aug. 19. Ethereum recorded $337 million in outflows during the same period. The contrasting moves produced a $600 million swing, although they do not prove direct migration between networks.

Solana’s RWA value reached $3.8 billion by Aug. 19, then crossed $4 billion four days later. Ethereum still held about $17.2 billion, giving it a larger base. Solana grew 10.6% over 30 days, compared with Ethereum’s 1.3% increase. That strengthens the Solana price prediction without guaranteeing token appreciation.

Tokenized Treasuries provide another source of growth. Their value on Solana rose 16.1% to $1.2 billion during the period. Treasury products can serve as cash-management instruments and collateral for institutions. A deeper pool can attract larger transactions and improve the network’s appeal to asset managers.

Tokenized stocks also generated $5.8 billion in spot DEX volume during the second quarter. Solana handled about 95% of global on-chain equity DEX activity. That concentration supports the network’s competitive position, but activity does not flow automatically to SOL holders.

The protocol burns roughly 650 SOL daily while issuing nearly 60,000 SOL. Therefore, fee destruction offsets only about 1% of new issuance. With no fixed supply ceiling, stronger tokenized asset use may not create immediate scarcity. The Solana price prediction still depends on market demand absorbing that supply.

SOL Price Charts Keep Key Fibonacci Levels in Focus

SOL price trades near the 23.6% Fibonacci retracement at $95.13. More Crypto Online labels the current structure a fourth-wave correction following an advance from the upper $70s. Holding that level would preserve the short-term bullish count, although the correction may extend.

A break below $95.13 could expose the 38.2% retracement at $90.69. The 50% level at $87.26 forms the next support. Those prices define a wider area where buyers could defend the rebound. Losing them would weaken the immediate Solana price prediction and increase downside risk.

The first upside test sits between $99 and $100. A sustained move above that range would suggest buyers have absorbed the pullback. More Crypto Online maps a possible fifth-wave advance toward $114 to $116. The target remains conditional on support holding and resistance breaking.

Rod’s weekly chart presents a broader recovery scenario. It treats the fall from the 2025 highs as a completed A-B-C correction near $60. Under that count, SOL price could form higher lows before targeting $160 to $180. It must first reclaim $100 and move through the $120 to $140 region.

The Solana price prediction fails under either chart if the recent correction low breaks decisively. Elliott Wave counts can change when new price data alter the pattern. Traders are watching $95.13 and $100 for short-term confirmation. Rod’s weekly setup uses the recent $60-area correction low as its invalidation level.

The post Solana Price Prediction Eyes $116 as RWA Deposits Reach $75M appeared first on Blockonomi.

Source: https://blockonomi.com/solana-price-prediction-eyes-116-as-rwa-deposits-reach-75m/