
You are here: Home / News / Solana RWA Adoption Hits 125K Holders, With SOL Targetting $145–$148 Range
TZ by Sadia Ali
What to know:
- Solana’s RWA holders top 125K, driven by tokenized treasuries, property, and commodities.
- SOL consolidates between $118–120 support and $145–148 resistance.
- RSI and MACD remain bearish; a drop below $116 may trigger more downside.
Real-world asset adoption on Solana is further speeding up, with the number of distinct RWA holders exceeding 125K. The important milestone indicates increasing support for the need to use tokenized versions of treasuries, properties, and commodities. The rapid Solana environment and cheap transaction costs continue to lure holders of traditional finance instruments to the blockchain.
This is a result of the overall trend in the finance industry moving towards blockchain finance, as RWAs connect decentralized networks with actual value. As institutions begin to move more into tokenization, Solana is proving to be an important platform on which scalable RWA deployment takes place, which will allow the network to be used more within the finance industry, with overall adoption numbers continually increasing.
Also Read: Solana Price Prediction: Momentum, Market Sentiment, and Key Levels Shape SOL’s Next Move
Solana (SOL) Consolidation Sparks Hope for $148 Target
However, the crypto analyst, Crypto Pulse, highlighted that Solana (SOL) is in a consolidation phase, with the price maintaining key levels. Support is maintained by buyers at the $118-120 zone, and resistance is formed by sellers at the $145-148 zone, keeping prices in a consolidation phase. As long as this is maintained, any dip will be the most likely zone to buy.
Source: X
The first level of invalidation for a range is through a clean close below 116. A move below this level will indicate a breakdown of support levels and could indicate a higher level of volatility on the downside. Until that happens, SOL is currently in a waiting phase, ranging between strong levels of demand and strong levels of supply
Solana Technical Indicators Suggest a Cooling Phase
From a technical perspective, SOL continues to be in a corrective trend in the longer timeline for a rejection around the $240-$250 zone, currently sitting at a $126 deficit relative to the MA ribbon. The 20, 50, and 100 SMAs at the $166-$175 zone provide a solid resistance level for the market, rendering a bearish outlook in the medium timeline.
Source: TradingView
The momentum indicators also support a bearish outlook. The RSI is currently standing at 37.48, which is below the signal at 43.85. Moreover, the MACD is also showing bearish signals as the MACD line at -7.7249 is below the signal line at -7.382. Overall, indicators apply a bearish outlook until the RSI moves above, supported by the MACD bullish crossover.
Also Read: Why Ethereum and Solana Will Dominate Together in 2026
About Sadia Ali
Sadia Ali is a crypto writer with over three years of experience covering blockchain, digital assets, and DeFi. She previously wrote for BTCRead, focusing on market trends and project updates. With a background in computer science, she brings clarity to complex topics.