Trader

Solana

Avalanche

Online

Ondo

<h3 id="key-highlights">Key Highlights</h3><ul><li>SOL maintains its position around $103 following a successful recovery above the $98 support threshold</li><li>Bulls are preparing to challenge the $110 resistance zone as the next critical price target</li><li>Strong support foundation exists between $90.46 and $94.83 for potential downside protection</li><li>Solana dominated blockchain networks by capturing $348 million in net RWA inflows during the past month</li><li>The network’s distributed RWA value climbed to $4.23 billion, serving 398,644 holder addresses</li></ul><p>Solana currently hovers around the $103 price point after successfully reclaiming ground above the $98 threshold that previously served as a barrier. This bounce has preserved the near-term bullish framework, though market analysts emphasize that current movement remains part of a corrective consolidation rather than a fresh trending impulse.</p><figure id="attachment_208777" style="width: 100%" class="wp-caption aligncenter"><img class="size-full wp-image-208777" src="https://blockonomi.com/wp-content/uploads/2026/09/chart-7.webp" alt="Solana (SOL) Price" width="1824" height="1248"><figcaption id="caption-attachment-208777" class="wp-caption-text"><a href="https://www.coingecko.com/en/coins/solana?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" rel="noopener noreferrer nofollow">Solana (SOL) Price</a></figcaption></figure><p>Technical analyst More Crypto Online interprets the present price behavior through the lens of Elliott Wave theory as a Wave 4 correction. The formation displays multiple overlapping three-wave sequences, which characteristically indicate consolidation periods instead of decisive directional momentum. SOL maintains the potential to climb beyond its September 3 peak as part of a B-wave rally before eventually completing the corrective pattern with a C-wave downturn.</p><p>Multiple Fibonacci retracement support zones are tightly packed below the current trading range at $102.50, $101.51, $100.53, and $99.14. These price points provide traders with well-defined monitoring levels for potential bounces.</p><h3 id="breaking-through-110-becomes-critical-objective">Breaking Through $110 Becomes Critical Objective</h3><p>The immediate challenge confronting Solana bulls is the resistance cluster surrounding $110. This zone recently turned back SOL’s advance and represents the barrier that must be definitively breached to establish a more convincing bullish case.</p><p>Market analyst TraderSZ has expanded his long exposure to SOL and pinpointed $90 as the invalidation threshold for his position. His outlook anticipates another upward trend leg provided price action sustains levels above $98.39, which corresponds to the previous quarterly peak.</p><div class="embed-x"><blockquote class="twitter-tweet"><p>we have added a little more to <a href="https://x.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> longs here</p><p>system expects another trend leg up soon</p><p>im wrong on a clean break below 90 <a href="https://t.co/wkVqR6TjAK" rel="noopener noreferrer nofollow">https://t.co/wkVqR6TjAK</a><a href="https://t.co/RskG5ahMQG" rel="noopener noreferrer nofollow">pic.twitter.com/RskG5ahMQG</a></p><p>— TraderSZ (@trader1sz) <a href="https://x.com/trader1sz/status/2096343540213125190?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 5, 2026</a></p></blockquote></div><p>Should buyers successfully drive SOL past $110 with strong momentum, the subsequent resistance band emerges considerably higher within the $146–$152 range.</p><p>Trader Don <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DonWedge) shared his perspective on X platform, stating that $SOL is targeting $170, expressing optimism rooted in Solana’s expanding presence within real-world asset infrastructure.</p><div class="embed-x"><blockquote class="twitter-tweet"><p><a href="https://x.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> wants $170 <a href="https://t.co/PVH0NxnNng" rel="noopener noreferrer nofollow">pic.twitter.com/PVH0NxnNng</a></p><p>— Don <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DonWedge) <a href="https://x.com/DonWedge/status/2096523957029450033?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 6, 2026</a></p></blockquote></div><h3 id="solana-dominates-real-world-asset-network-rankings">Solana Dominates Real-World Asset Network Rankings</h3><p>Solana captured $348 million in net real-world asset capital flows during the most recent 30-day measurement window, surpassing every other monitored blockchain platform. This substantial influx pushed the network’s total distributed RWA value to $4.23 billion.</p><div class="embed-x"><blockquote class="twitter-tweet"><p>.<a href="https://x.com/solana?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Solana</a> is leading the pack. It topped net flows for RWAs over the past 30 days, pulling in $348 million to the chain.</p><p>Data via <a href="https://x.com/RWA_xyz?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@rwa_xyz</a>. <a href="https://t.co/KAfUZ0UVos" rel="noopener noreferrer nofollow">pic.twitter.com/KAfUZ0UVos</a></p><p>— RWA Foundation (@RWAFoundation_) <a href="https://x.com/RWAFoundation_/status/2096189702499897397?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 5, 2026</a></p></blockquote></div><p>By comparison, Ethereum registered a modest 0.77% gain during the identical timeframe, while Stellar posted a 5.22% increase. Meanwhile, XRP Ledger experienced a 5.51% decline and Avalanche saw a 14.06% decrease.</p><p>The tokenized product ecosystem on Solana encompasses BlackRock’s BUIDL fund, Franklin Templeton’s BENJI token, VanEck’s VBILL, along with products from Ondo Finance and WisdomTree. These offerings primarily consist of Treasury securities and money market instruments accessible to qualified institutional participants.</p><p>The reported $4.23 billion figure reflects distributed RWA value across the network rather than direct protocol revenue or assets under Solana Foundation management.</p><p>SOL continues trading in the vicinity of $103 with the $98 level serving as the critical support threshold that must be defended.</p><p>The post <a href="https://blockonomi.com/solana-sol-consolidates-at-103-as-348m-rwa-inflows-signal-growing-institutional-interest/" rel="noopener noreferrer nofollow">Solana (SOL) Consolidates at $103 as $348M RWA Inflows Signal Growing Institutional Interest</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

Solana (SOL) Consolidates at $103 as $348M RWA Inflows Signal Growing Institutional Interest

Table of Contents

Blockonomi

Other articles published on Sep 7, 2026

Missed SHIB’s Biggest Moves? Apeing’s $0.0001 Stage 1 Has 48 Hours Left Before a Next 1000x Meme ...

Near Protocol Moves Closer To Its $70M Reward Snapshot

Vitalik Bets Against AI Breaking Bitcoin Security

Ethereum (ETH) Price: What $2,381 and $2,515 Mean for the Next Move

Sen. Lummis Warns CLARITY Act Delay Could Push Vote To 2030

Vitalik Buterin Sees Strong Odds For Major Cryptography Breakthrough

Join our free newsletter for daily crypto updates!