Solana Gains Strength With RWA Dominance Near 98%
The post Solana Gains Strength With RWA Dominance Near 98% appeared on BitcoinEthereumNews.com.
Solana on-chain activity is drawing renewed market attention as the network approaches 98% of tokenized real-world asset spot equity volume, while traders watch for a possible price breakout. Meanwhile, recent market data shows a TD Sequential buy signal on the four-hour chart, a setup tracked for short-term reversals. At the same time, Solana recorded about 826 million weekly transactions, pointing to sustained network usage. These factors have placed SOL in focus as price action tests a consolidation range. RWA Market Share Keeps Solana in Focus Solana on-chain fundamentals have added to the current setup. Reports indicate that Solana now accounts for about 98% of tokenized on-chain spot equity volume, giving the network a leading position in the real-world asset segment. That share has become a central part of the current market narrative around SOL. As tokenized assets continue to attract attention across crypto markets, Solana’s role in that segment may keep trading interest elevated while the asset tests resistance levels. Meanwhile, recent chart data cited by market reports shows the TD Sequential indicator printing a buy signal for Solana on the four-hour timeframe. Traders often use that reading to identify potential exhaustion in a downtrend when selling pressure starts to weaken. Current price action has also stabilized inside a narrow band, keeping attention on whether SOL can move out of consolidation. The immediate technical range remains clear. Support is seen around $75 to $80, while resistance stands near $90 to $95. A move above that upper zone could open the way toward the $100 area, while a drop below support may expose SOL to a move toward $70. Transaction Volume Adds to Solana Network Strength The recent data comes after recent Solana news indicated that the network has handled 44% of all crypto transactions globally. This adds another data point…
Filed under: News - @ March 28, 2026 11:28 am