Solana’s RWA ecosystem reached a new all-time high on Sunday, February 15, surpassing $1.66 billion in tokenized assets.
Institutional and on-chain investors are increasingly using Solana’s high-throughput, low-fee blockchain to access treasuries, private credit, and other yield-generating traditional assets.
This milestone underscores growing confidence in blockchain infrastructure for global asset issuance and settlement.
Source: Solana X Post
The surge reflects broader momentum behind tokenization, with Solana benefiting from expanding DeFi integrations and strong developer adoption.
As capital flows into on-chain RWAs, the network is strengthening its position in the competitive race to modernize financial markets.
Also Read: Solana Recovery Potential Targets $500–$1,000 If Historical Fractal Repeats
Solana (SOL) Faces Critical Test at $90 Resistance
After attaining the RWA milestone, Solana (SOL) is now pushing against the crucial $90 resistance level on Sunday, February 15, a level that has consistently halted the bullish run in recent trading sessions.
The crypto analyst Crypto Pulse notes that a bullish breakout in the token would require a four-hour candle close above the $90 level.
Source: Crypto Pulse X Post
Without confirmation of a 4H close above the $90 price level, the likelihood of a short-term pullback increases. The first area of potential loss will be near the $82.5 Fair Value Gap, as price balances out this technical imbalance.
If the bearish trend continues, SOL may fall back to the $77 area, as this was a region where aggressive buying interest was seen.
Momentum Indicators Support Ongoing Recovery
According to TradingView, as of Sunday, February 15, SOL is trading at $90 after a significant early February price drop, where the price fell from the range of $115 to $120 down to a low of around $74.
The price bounced up to the mid-80s before consolidating in a choppy fashion, making lower highs and higher lows. Momentum has recently turned positive and has been testing the price region of the 92 to 94 resistance zone.
Source: TradingView
Momentum indicators also support this idea of a price recovery. RSI (14) is at 70, which reflects high buying activity but also warns of a potential short-term price drop. The MACD shows a bullish crossover with expanding green bars, confirming upside momentum.
The price holding up at $88-$90 could lead to a move to $94-$100 or a rejection and subsequent price drop back to the support levels of the mid-$80s. Bulls are being cautious near the supply zones.
Also Read: Solana Treasury Stock Jumps 17% on Staked SOL Loans