Solana Price Nears $200 Despite Institutional Treasuries and Tokenization Growth

Solana (SOL) is entering a decisive moment as its price tightens around the $200 support level. After consolidating from recent highs near $260, SOL is facing strong bearish pressure that has kept buyers on the defensive. Bitcoin’s slip below $112,000 earlier this week triggered broader market weakness, pushing Solana into a highly sensitive trading zone.

Currently hovering near $220, Solana has seen daily trading volumes surpass $12 billion, underscoring heightened market participation. While short-term volatility has kept traders cautious, institutional confidence remains firm.

Over the past month, approximately 590,000 SOL (~$123 million) were added to institutional portfolios, while corporate staking commitments now exceed 8.27 million SOL (~$1.72 billion).

Technical indicators point to a potential rebound if SOL can hold above the mid-channel support around $210–$215, aligned with the 50-day EMA. Analysts caution that a breakdown below $200 could trigger further downside before liquidity sparks a rebound toward $250 or higher.

Institutional Demand and Solana Treasuries

Beyond short-term charts, Solana’s long-term fundamentals continue to strengthen. Institutions currently hold less than 1% of Solana’s supply compared to 16% for Bitcoin and 7% for Ethereum. This under-allocation leaves significant room for growth.

Corporate treasuries are increasingly turning to Solana for staking opportunities, where yields average 7%–8% compared to Ethereum’s 3%–4% and Bitcoin’s zero. For businesses, these returns offer both steady cash flow and stronger balance sheet efficiency.

The network’s scalability further supports this adoption. With high throughput and low fees, Solana has attracted major payment firms like Stripe and PayPal, which are integrating the blockchain into their platforms. If regulators approve a Solana ETF, analysts believe demand could accelerate rapidly.

Tokenization and the Road Ahead

Forward Industries, a Nasdaq-listed company, recently announced plans to tokenize its stock on Solana in partnership with Superstate. This initiative allows FORD shares to be traded on-chain around the clock, expanding accessibility while pioneering blockchain-based equity markets.

The company also plans to integrate tokenized equities into Solana’s DeFi ecosystem, allowing shares to be used as collateral for lending and other financial activities.

Backed by $1.65 billion in funding from Galaxy Digital, Jump Crypto, and Multicoin Capital, this development highlights the growing intersection between traditional finance and decentralized technology.

Despite current price pressure, Solana has gained 53% over the past year and 10% in the last month. Analysts suggest that a decisive break above $250 could pave the way for $300 before year-end, with some long-term projections extending to $500.