Solana Jumps to $160; Bullish Market Pushes Towards $180 Amidst Increased Volume and RWA Activities
The cryptocurrency market is abuzz with anticipation for Solana (SOL), a blockchain platform known for its speed and scalability. Recent developments suggest a strong bullish outlook for SOL, with analysts predicting significant price appreciation through 2025.
Solana's price has surged past the $160 mark, approaching the $180 level, a zone tied to April's rejection and recent price memory. This upward trend is being driven by increased trading volumes and robust ecosystem growth. According to experts, SOL could see a peak of between $270 and $280 by September 2025, marking a yearly high.
The surge in real-world assets on Solana is another factor contributing to its bullish outlook. USDY and OUSG are the leading assets driving this growth, with USDY boasting a staggering $175.3 million locked on Solana, and OUSG holding $77 million. This influx of real-world assets is indicative of growing integration and deployment of real-world asset tokenization on Solana’s scalable blockchain.
The rise in Solana's price and the surge in real-world assets are not isolated events. Solana's structure remains bullish as long as the $140 base is protected. Each daily close on Solana is holding above prior resistance, and volume is rising across multiple instruments, indicating real adoption and network-level growth.
In June, RWA inflows on Solana accelerated, continuing an upward trajectory that began in March. This surge has seen real-world assets on Solana surge to $418.1 million, a 140.6% year-to-date surge in tokenized asset activity. Other notable instruments like BUIDL, TBILL, and ACRED also have substantial amounts locked on Solana, contributing to its on-chain RWA footprint.
In conclusion, Solana's bullish outlook is underpinned by technical patterns, increasing trading volumes, and robust ecosystem growth. The surge in real-world assets and the growing adoption of DeFi, NFTs, and enterprise solutions are key indicators of a positive long-term sentiment for Solana. As such, Solana remains a key contender in the blockchain space, with a strong bullish case through 2025 and growing real-world assets integration reinforcing its fundamentals.
Cryptocurrency experts predict that Solana (SOL) could peak at between $270 and $280 by September 2025, thanks to its robust ecosystem growth and increased trading volumes. This surge in real-world assets on Solana, such as USDY and OUSG, is one of the key indicators of growing integration and deployment of real-world asset tokenization on Solana's scalable blockchain.
