Key Insights
- •The Solana RWA ecosystem surpassed $1B in TVL, signaling accelerating on-chain adoption and deeper DeFi activity.
- •Solana price stabilized near $143, holding key support around $141 as short-term volatility cooled.
- •Technical indicators remain bullish, with price above the Ichimoku Cloud but facing resistance near $146.
Solana Price remained near $143 on January 16, 2026, even as Solana’s network announced that its real-world asset (RWA) ecosystem had just surpassed $1 billion in total value locked (TVL). According to Solana’s official account, the RWA TVL hit a “new ATH” on January 15. CoinGecko data show SOL trading at about $143.5 on January 16 (down from $146.71 on January 15).
This modest pullback left SOL confined to a roughly $141–$146 trading band in mid-January. The combination of a fresh TVL milestone and steady prices highlights strong fundamentals supporting SOL’s recent market behavior.
Solana Price Consolidates Near $143
Solana’s token has been carving out a relatively tight range in recent trading. CoinGecko records show SOL at $146.71 on January 15 and about $143.51 on January 16, a drop of roughly 2%.
The token’s 24-hour volume remains elevated (around $4.15 billion on January 16), indicating active trading. Over the past week, SOL has edged higher from December lows, reflecting a modest rebound in sentiment.
Market data and on-chain metrics suggest that Solana’s immediate support is in the low $140s, with resistance near the $146–$147 highs seen last week.
Analysts and traders will be watching whether the Solana price can break above that ceiling; a sustained close above $146 might open the way to the next price levels.
For now, the Solana Price appears to be building a base – any decisive move outside the current range could set the tone for the next trend.
RWA Adoption Hits $1B
Solana’s Real-World Asset (RWA) ecosystem has been a major growth driver. On January 15, Solana’s X (Twitter) feed announced that its “RWA ecosystem has officially crossed $1 billion in TVL, a new ATH.”
Much of the new RWA volume is linked to tokenized U.S. Treasury-like assets. For example, BlackRock’s on-chain BUILD fund represents roughly $255 million on Solana, and Ondo’s tokenized dollar-yield products account for about $176 million.
Tokenized equity and fund products (such as Tesla or Nvidia stock) are also being issued on Solana. These developments are pushing Solana toward becoming one of the top public blockchains for RWAs.
In fact, Binance notes that Solana is poised to become only the third chain to surpass $1B in RWA value (behind Ethereum’s ~$12.3B and BNB Chain’s ~$2B). Solana itself hinted that “it’s time to accelerate” after hitting the $1B milestone.
Growing RWA adoption adds practical use cases for SOL and the Solana network. Industry observers point out that even large traditional firms are moving in.
For instance, Western Union has chosen Solana to build a stablecoin settlement platform, scheduled for launch in the first half of 2026.
Such institutional-grade projects underscore the real-world utility being built on Solana. In sum, the $1B RWA milestone is a concrete signal of Solana’s expanding ecosystem, which could underpin future SOL demand.
Institutional Inflows and Network Activity
Investor interest in Solana has surged alongside on-chain growth. U.S. spot SOL ETFs have attracted substantial capital.
BanklessTimes reports that American investors have added nearly $1 billion to Solana-related ETFs so far in 2026. More broadly, a Bitwise research note (via Binance) estimated that about $765 million in inflows have been into Solana ETF products since their launch.
This capital is part of a wider trend of mainstream funds embracing crypto, including major moves by financial institutions. For example, Morgan Stanley filed with the SEC in early January to launch a Solana spot ETF, a sign that Wall Street sees SOL as a credible crypto asset.
On-chain activity metrics for Solana remain strong, reflecting heavy network usage. Unique active addresses on Solana have surged: over 60 million addresses used the network in the past 30 days, far above levels on many other chains.
Solana’s Fee Revenue and DEX Dominance Support Solana Price
Solana also generates sizable revenue through fees. In the past month, it collected over $17 million in network fees. Meanwhile, decentralized exchange (DEX) volume on Solana has eclipsed that of larger chains: roughly $100 billion has been processed on Solana DEXs over the last 30 days, exceeding the combined volume on Ethereum and Binance Smart Chain.
These figures indicate that Solana’s blockchain remains one of the most active in the crypto space. Such robust usage supports SOL’s valuation and provides a backdrop for potential price strength.
Taken together, strong ETF inflows and vibrant network usage suggest growing market confidence. SOL Price has held up despite recent crypto volatility, implying that core fundamentals have room to build.
In the near term, traders will monitor whether the mid-$140s trading range holds. A decisive break above last week’s high (around $146.70) could signal a new rally phase, while a slip below low-$140 support might pause the advance.
For now, as Solana’s ecosystem reaches new heights and capital flows in, many observers see a constructive setup: Solana’s Price is often viewed as consolidating, with upside potential if these tailwinds translate into renewed buying pressure.