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SOL Surges on Tokenization Boom and ETF Countdown: Could This Be the Start of a Mega Rally?
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Reason to trust
Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing The highest standards in reporting and publishing
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
How Our News is Made
How Our News is Made
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Strict editorial policy that focuses on accuracy, relevance, and impartiality
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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
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Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally.
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At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards.
The company’s 10% Annualized Organic Yield (AOY) and validator operations underscore Solana’s staking advantage over non-yielding assets like Bitcoin.
In August alone, DDC added 4,500 SOL to its reserves, fueled in part by a $122.5 million convertible debt raise managed by Cantor Fitzgerald. CEO Joseph Onorati noted a 47% rise in the company’s SOL Per Share metric since June, highlighting strong operational growth.
Adding to bullish sentiment, CMB International, one of Asia’s largest asset managers, announced the tokenization of its Hong Kong–Singapore Mutual Recognition Fund on Solana via DigiFT and OnChain.
Solana ETF Approval Countdown Adds Regulatory Tailwind
Solana ETF Approval Countdown Adds Regulatory TailwindA major catalyst on the horizon is the potential approval of Solana ETFs within the next two months. Nate Geraci, President of NovaDius Wealth Management, told CNBC that the SEC is considering over 75 crypto ETF applications, with a streamlined approval framework in place for assets like Solana, XRP, and Cardano.
Crypto ETFs have already attracted $26 billion in inflows this year, signaling deep investor confidence. If approved, a Solana ETF could open the floodgates for traditional finance capital, potentially accelerating the rally toward—and beyond—$250
Technical Outlook: $250 SOL Target in Play
Technical Outlook: $250 SOL Target in PlayFrom a technical perspective, SOL has broken above key resistance levels at $185, $190, and $195, with the next critical hurdles at $202–$205. A sustained close above $205 could trigger a short-term surge to $220, while breaking $222 could pave the way toward $244–$250.
SOL's price records an uptick on the daily chart. Source: SOLUSD on Tradingview
SOLUSD on TradingviewThe MACD remains in bullish territory, the RSI is trending upward without being overbought, and the Chaikin Money Flow has flipped positive, indicating strong buying pressure. Support remains at $194 and $186, with a break below $175 invalidating the current bullish setup.
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With institutional inflows, real-world asset tokenization, and a looming ETF decision, Solana appears poised for what could be the early stages of a mega rally.
Cover image from ChatGPT, SOLUSD chart from Tradingview