Solana’s RWA Revolution: 125K Holders & SOL Targets $145–$148 Breakout

Solana's real-world asset (RWA) adoption just hit a staggering milestone—125,000 unique holders are now on board. That's not just network growth; it's a fundamental shift in who's using blockchain and what they're using it for.

From Meme Coin Playground to Institutional Highway

Forget the speculative frenzy. This surge in holders signals a deeper, more substantive migration. Institutions and traditional finance players are quietly building on Solana, tokenizing everything from treasury bills to real estate. The network's speed and low costs aren't just for traders anymore—they're becoming the backbone for a new, digitized asset class.

The Price Target: $145–$148 Isn't Just a Number

With this foundational growth, analysts are eyeing the $145 to $148 range for SOL. This isn't mere speculation driven by hype. It's a technical target reflecting the increased utility and locked-in value from RWA expansion. Each new holder represents potential capital, stability, and a vote of confidence that goes beyond the daily chart noise.

The Cynical Take: Wall Street's 'Innovation'

Let's be real—watching traditional finance finally embrace decentralization to do exactly what it's always done (slice and dice assets into tradeable bits) is the ultimate irony. They spent years dismissing crypto, only to now use its best tech to repackage their own products. Some revolution.

The Bottom Line

Solana is executing a pivot few networks can manage. It's capturing real economic activity, not just speculative capital. The 125,000 holder mark proves the use case is resonating. If the RWA momentum holds, that $148 target looks less like a peak and more like a stepping stone. The race to tokenize the world is on, and Solana just grabbed a serious lead.

Solana (SOL) Consolidation Sparks Hope for $148 Target

However, the crypto analyst, Crypto Pulse, highlighted that Solana (SOL) is in a consolidation phase, with the price maintaining key levels. Support is maintained by buyers at the $118-120 zone, and resistance is formed by sellers at the $145-148 zone, keeping prices in a consolidation phase. As long as this is maintained, any dip will be the most likely zone to buy.

Source: X

The first level of invalidation for a range is through a clean close below 116. A move below this level will indicate a breakdown of support levels and could indicate a higher level of volatility on the downside. Until that happens, SOL is currently in a waiting phase, ranging between strong levels of demand and strong levels of supply

Solana Technical Indicators Suggest a Cooling Phase

From a technical perspective, SOL continues to be in a corrective trend in the longer timeline for a rejection around the $240-$250 zone, currently sitting at a $126 deficit relative to the MA ribbon. The 20, 50, and 100 SMAs at the $166-$175 zone provide a solid resistance level for the market, rendering a bearish outlook in the medium timeline.

Source: TradingView

The momentum indicators also support a bearish outlook. The RSI is currently standing at 37.48, which is below the signal at 43.85. Moreover, the MACD is also showing bearish signals as the MACD line at -7.7249 is below the signal line at -7.382. Overall, indicators apply a bearish outlook until the RSI moves above, supported by the MACD bullish crossover.

Also Read: Why ethereum and Solana Will Dominate Together in 2026