Solana (SOL) Surpasses Ethereum in Tokenized Stock, Eyes $250 Price Target

Solana has emerged as the most prominent platform in terms of market capitalization among the blockchain networks for tokenized stocks. It has beaten other famous blockchain networks like Ethereum and BNB Chain. Tokenized stocks are a digital form of existing stocks and are available for trading 24/7 along with instant settlement.

Source: X

Currently, the total market cap of Solana-based tokenized equities is approximately $874 million. It comprises the majority of the $1.2 billion tokenized stock market. Solana-based ETFs, Tesla’s TSLAx, and Circle’s CRCLx tokenized equities contribute to the increasing adoption. Experts perceive this achievement to be the eventual integration of blockchain technology into traditional financial systems.

Also Read: Solana Technical Setup Signals Potential $1,500 Price Breakout

Solana Retreats But Bulls Remain Confident in $250

However, the crypto analyst, curb.sol, pointed out that Solana (SOL) has seen a healthy pullback and provides a potential buying entry for investors. Following the latest uptrend in the market, Solana’s price is now near a significant support level at around $130. This has been seen as a natural process for investors and helps to build confidence in Solana’s continuous support.

Source: X

If the support around $130 holds, the price may also start going upwards towards $250. The reason for the positive sentiment in the market around SOL is the development in the Solana ecosystem. Market participants are also of the opinion that a correction in the price presents an entry point for the next move upwards in the markets.

Solana Weekly Technicals Hints at a Consolidation Phase

Technically, on the weekly charts, the price is noted to be consolidating after a bearish trend that took place around the middle of 2025. Despite the bearish trend experienced by the market, there are signs of stabilization.

Source: TradingView

Looking at MACD, it is still in the red zone with a value of -14.46. This is a bearish indicator since MACD is below its signal line. Nonetheless, it is observed that the MACD histogram is shrinking. This suggests it might be a chance for SOL to consolidate before rallying past the resistance at $143-$145. The RSI is at 40.50, below 50 but not oversold.

Also Read: Solana (SOL) Emerges as a Top Blockchain by Daily Active Users in 2026