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Solana (SOL) Tests Key Resistance as Institutional Use Cases Surge
Solana is trading near $90, up over 5% as it challenges the $95–$100 resistance zone . The network is rapidly transforming from a speculative asset into institutional-grade infrastructure .
This week, U.S. bank SoFi enabled native Solana deposits, while GMC Bhutan launched the first Solana-backed nomad visa program . Tokenized gold on Solana surged 290% to 25.5 million tokens, driven by the CLARITY Act's potential to move $50 trillion in U.S. equities on-chain . February saw 3.4 billion transactions, an 11% increase, demonstrating unmatched scalability . While DeFi activity has cooled, Solana's role in payments, RWAs, and AI infrastructure continues to expand .