Solana’s strong performance in tokenized stock markets and recent price recovery is reinforcing its position as one of the most efficient blockchains for high-volume financial products. The network’s consistent execution speed, predictable fees, and developer activity continue to attract attention as its market share rises and its price regains momentum from critical support levels.
Solana Maintains 99% Market Share in Tokenized Stock Trading
Solana has secured a near-absolute lead in the tokenized stock trading sector. Data from CryptosRus shows that Solana achieved 99% dominance in October, marking the fourth consecutive month above 95%. This steady rise highlights how developers and institutions are shifting toward chains that can support real financial activity, not just theoretical throughput.
Competing blockchains—including Ethereum, Base, Gnosis, Avalanche, and Sonic—hold only a small fraction of the market. Developers building tokenized equities choose Solana due to its ability to process high transaction volumes while maintaining fast execution and stable costs.
This trend shows that the industry is increasingly valuing reliability and scalability over brand familiarity. Solana’s network design allows applications to run without interruptions during high-demand periods, positioning it well for tokenized finance and institutional use cases.
Solana Price Rises 12% From Demand Zone
Solana’s price has also shown strength. SOL is currently trading near $142.40, recording a 12% increase over the past week. Analysts note that the price rebounded decisively from the key demand zone at $121.66, confirming active buying interest.
Market analyst The Crypto GEMs suggests that Solana is now testing the $144 resistance level. A successful close above this level could open the path toward $152 and potentially higher zones in the short term.
Major support levels are positioned at $138, $130, and $121, while resistance extends from $144 to $174. Moving averages are trending upwards, and volume indicators show improving participation, suggesting buyers are slowly regaining control.
On the weekly timeframe, SOL has gained 9.26%, further confirming that buyers defended the $121 area effectively. This bounce followed a touch of the lower Bollinger Band and a key Fibonacci level around $122, both of which have served as reliable support in previous cycles.
Technical Indicators Highlight a Slow but Steady Recovery
Momentum indicators show early signs of improvement, although the recovery remains cautious. The Relative Strength Index (RSI) at 41.42 indicates that the asset is no longer deeply oversold but has not yet entered a strong bullish zone. This suggests room for upward movement, provided resistance levels do not halt the trend.
The MACD continues to show a bearish structure, but the histogram bars are shrinking. This typically signals weakening selling pressure and the potential for a shift toward a more neutral or positive direction if buying activity continues.
However, the broader trend remains in a corrective phase. Solana faces multiple resistance points between $176 and $216, formed by mid-2025 price highs and several Fibonacci retracement clusters. For Solana to confirm a clear trend reversal, analysts say the price must break above the midline of the Bollinger Bands at $189.
Until this happens, the asset is navigating a controlled recovery, showing signs of strength but still testing important resistance areas.
Why Solana’s Dominance Matters for Tokenized Finance
Solana’s growing lead in tokenized equities reflects a significant shift in developer priorities. As institutional adoption expands, financial products require networks that offer predictable performance and resilience under heavy load. Solana meets these requirements by combining low fees with high throughput and strong reliability.
Its ability to maintain stability—even during volatile periods—makes it a compelling option for tokenized assets, payments, structured products, and other real-world use cases. As more projects choose Solana for these applications, its dominance is likely to reinforce itself, creating a feedback loop of developer activity and network growth.
Outlook: Early Strength, but Key Resistance Ahead
Solana’s recent price performance represents a constructive recovery from a major support area. While short-term indicators show improving momentum, the market still faces strong resistance zones that must be broken to confirm a larger trend continuation.
If buyers manage to push SOL above the $144 and $152 resistance levels, the next significant challenge will be the midpoint zone around $189. Clearing this threshold would strengthen the case for a deeper rally.
For now, Solana remains in a corrective phase with early signs of renewed strength—supported by both on-chain dominance and improving technical indicators.
Post Views: 2
