Solana (SOL) Price: RWA Value Tops $5 Billion as Analysts Eye $90 Support

TLDR Solana’s tokenized real-world assets stand at $5.12 billion, up 17.61% in 30 days Application revenue hit nearly $300 million in Q3, up 50% from Q2 Stablecoin market cap on Solana reached a record $17.51 billion Analyst Crypto Patel sees possible support at $90-$93 after rejection near $125 SOL trades down 3.02% on the day Solana’s push into tokenized assets is gaining ground. Data from RWA.xyz shows the value of real-world assets on the network now sits at $5.12 billion. That is up 17.61% from 30 days earlier. Real-world assets, or RWAs, are traditional financial assets issued as digital tokens on a blockchain. Examples include Treasury bonds, stocks, and funds. Solana is a high-speed network built for fast, low-cost transactions. Solana marked the milestone on X on Oct. 29.

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