Solana Recovery Narrative Strengthens as RWA Market Hits $1.15B and Regulation Turns Positive
Solana’s (SOL) latest worth weak point has not erased the broader restoration narrative forming across the community. While SOL continues to commerce under the psychologically necessary $100 stage after a pointy pullback from January highs, on-chain information and institutional forecasts recommend the blockchain’s long-term positioning is bettering.
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Growing real-world asset (RWA) exercise, file community utilization, and a extra constructive regulatory backdrop are more and more shaping analysts’ views of Solana’s subsequent section.
Price Pressure Persists, But Key Support Holds
SOL has fallen roughly 25% from latest highs close to $127, slipping under $100 amid broader crypto market risk-off sentiment. Technical indicators nonetheless mirror warning, with bearish momentum dominating short-term charts and some analysts warning of a attainable drop towards the $85 space if assist close to $95 fails.
That mentioned, the $95–$100 zone has repeatedly acted as a serious demand space in previous market cycles. The each day relative power index has dipped into oversold territory, a situation that has beforehand coincided with native bottoms for SOL.
Several technical analysts word {that a} sustained protection of this vary might open the door to a restoration towards the $150 area, with extra optimistic eventualities extending towards $215–$260 if resistance ranges are reclaimed.
Network Activity And RWA Growth Support The Thesis
Despite worth volatility, Solana’s on-chain fundamentals proceed to strengthen. Total value locked lately reached an all-time high of 73.4 million SOL, equal to roughly $7.5 billion, marking an 18% weekly enhance.
On the opposite hand, each day transactions have surged above 100 million, hitting multi-year highs, whereas decentralized change volumes are additionally at their strongest ranges in months.
Beyond DeFi metrics, the real-world asset market on Solana has expanded quickly, with tokenized RWAs on the community now estimated at round $1.15 billion. This development aligns with Solana’s positioning as a low-cost, high-throughput settlement layer, notably for stablecoins and tokenized monetary merchandise.
Faster, extra stablecoin-friendly turnover and persistently low transaction charges have made the community more and more enticing for high-volume use circumstances.
Standard Chartered Sees Long-Term Upside
Standard Chartered has bolstered this longer-term view, chopping its end-2026 SOL worth goal to $250 from $310 resulting from near-term volatility, whereas elevating its 2030 forecast to $2,000.
The financial institution cited Solana’s dominance in micropayments, stablecoin transfers, and rising real-world purposes as key drivers behind its long-range projections.
According to the financial institution, Solana’s capacity to course of giant transaction volumes at minimal value offers it a bonus as regulation round digital property turns into clearer and extra supportive.
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While short-term worth motion stays unsure, the mix of rising community utilization, increasing RWA exercise, and bettering regulatory readability continues to underpin Solana’s restoration narrative.
Cover picture from ChatGPT, SOLUSD chart on Tradingview
