Friday, January 23

Content Writer

Harvey Hunter

Content Writer

Harvey Hunter

Part of the Team Since

Apr 2024

About Author

Harvey Hunter is a Content Writer at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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Over 200 tokenized U.S. stocks and ETFs just landed on Solana, boosting bullish Solana price predictions as its ecosystem evolves into the go-to platform for on-chain capital markets.

The altcoin is earning its keep as Wall Street’s blockchain of choice, now offering near-complete TradFi portfolio access through its partnership with Ondo Global Markets.

While Ondo featured on Ethereum and BNB first, Solana’s throughput makes it a closer match for the demands of traditional capital markets. It is uniquely positioned as the infrastructure layer to bridge TradFi and DeFi.

Solana has already proven itself in tokenized equities, accounting for a dominant 46% share of the $1 billion tokenized stock market through platforms like xStocks.

Tokenised Stock assets under managment (AUM) by platform ($). Source: Dune Analytics.

Until now, however, growth has been constrained by limited liquidity depth and asset selection.

That ceiling may be lifting. With regulation pushing tokenization deeper into the mainstream, even a small fraction of the U.S. stock market’s massive trading volume could send SOL significantly higher.

Solana Price Prediction: Could Ondo Help Fuel a SOL Surge?

As the bull market matures, sticky adoption of RWAs could bring the demand Solana needs to finally realise a year-long descending channel.

Momentum indicators suggest the shift may already be underway, with a potential higher low setting focus on a breakout attempt.

SOL / USD 1-day chart – descending triangle pattern. Source: TradingView.

The RSI has once again affirmed its uptrend with another higher low after falling below the 50 neutral line, a sign of strength beneath the surface.

The MACD shows a potential trend shift, levelling off below the signal line around bottoms that previously marked the end of consolidation within the structure.

The recent bounce from the patterns $120 support could be the last, but the resistance that has capped upside since September at $145 will be the key proving grounds.

From there, the key breakout threshold sits at $210.

And with that level confirmed as support, a breakout push eyes past all-time highs at $300 for a 300% push into new price discovery targeting $500.

However, as Solana permeates deeper into the mainstream TradFi markets and infrastructure, fresh liquidity and use cases could send the altcoin much higher, eying a 680% move to $1,000.

Bitcoin Hyper: Don’t Back Solana Until You’ve Seen This

Those who chose Solana over the leading cryptocurrency may soon need to reconsider, as the Bitcoin ecosystem finally tackles its biggest limitation: scalability.

Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security with Solana tech, creating a new Layer-2 network that unlocks scalable, efficient use cases Bitcoin couldn’t support on its own.

Whatever Solana can do, Bitcoin can now do – top-performing narratives like DeFi and real-world assets could be Bitcoin’s for the taking.

The project has already raised almost $31 million in presale, and post-launch, even a small fraction of Bitcoin’s massive trading volume could send its valuation significantly higher.

Bitcoin Hyper is fixing the slow transactions, high fees, and limited programmability that have long capped Bitcoin’s potential – just as the market turns bullish.

Visit the Official Bitcoin Hyper Website Here



https://cryptonews.com/news/solana-price-prediction-200-u-s-stocks-just-landed-on-sol-is-this-the-most-bullish-news-of-the-year/

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