|
Getting your Trinity Audio player ready...
|
Key Takeaways:
- Solana’s RWA market hits $418.1M, led by Ondo’s USDY and other institutional assets.
- SOL’s price is at a key technical crossroads, with $153–$155 as support.
- Snorter Bot ($SNORT) is one of 2025’s top presales, enhancing DeFi accessibility on Solana.
Solana (SOL) is steadily shedding its “casino chain” reputation as it gains serious momentum in the real-world asset (RWA) sector. According to new data from Messari, tokenized RWAs on Solana have surpassed $418.1 million, setting a new record. This surge is largely driven by U.S. Treasuries and private credit tokenization, with Ondo Finance’s USDY leading the pack at $175.3 million, capturing nearly 42% of the market.
RWAs on @Solana are accelerating.
— Ondo Finance (@OndoFinance) July 14, 2025
A recent report from @MessariCrypto shows Ondo represents 60% of the network’s non-stablecoin RWA market.
A strong foundation for what’s coming next: Ondo's tokenized stocks, ETFs, and more. pic.twitter.com/KoB26l6yOt
Ondo Finance and Institutional Giants Drive RWA Growth
Ondo Finance now accounts for 60% of Solana’s non-stablecoin RWA sector, per a recent post by the firm. Other major players like Franklin Templeton and Maple are also pushing forward tokenized finance on the chain. Solana’s high throughput, negligible fees, and seamless yield distribution make it a natural fit for institutions aiming to onboard assets like treasuries, equities, and real estate to the blockchain.
Supporting this shift is robust infrastructure from the likes of R3 and Securitize, signaling a shift toward institutional-grade DeFi on Solana.
USDC Liquidity Boost and SOL Price Action
Adding to the bullish sentiment, Circle minted $1 billion USDC on Solana in the past week, enhancing liquidity across DeFi protocols. Despite recent macro-driven volatility, SOL recently peaked at $168.3 before pulling back to $159.4, down 4.5% in 24 hours.
Technical indicators show mixed signals. The 20-day SMA at $153.35 acts as strong support. A close above the upper Bollinger Band ($167) could ignite a run toward $172–$180. However, if support breaks, SOL risks dipping to $150 or lower.
The MACD is narrowing, indicating waning bullish momentum, while RSI remains neutral, leaving room for upside if trading volumes recover.
Snorter Bot ($SNORT) Presale Attracts Solana DeFi Enthusiasts
As Solana expands its utility, Snorter Bot ($SNORT) is gaining traction in its presale phase. The Telegram-based trading bot is built on Solana’s fast, low-fee network and offers retail traders high-speed DeFi tools like token sniping, protected swaps, and real-time alerts.
Also Read: ProShares Ultra XRP and Solana ETFs Approved by NYSE Arca, Opening New Institutional Access
The $SNORT token powers premium features in the bot and has a fixed supply of 500 million tokens. With over $1.88 million raised, the presale highlights growing confidence in Solana-powered DeFi tools. The project plans to expand across Ethereum, BNB Chain, and other EVM networks.
With over $418 million in tokenized assets, deepening institutional interest, and growing DeFi tools like Snorter Bot, Solana is transitioning from a speculative playground to a serious layer for financial innovation.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
