Solana Price Holds $100 Support as SOL Network Hits Major Milestone
Key Insights:
- Midweek bounce propels Solana (SOL) price back above $100.
- Tokenized equity supply on Solana network surges to $685 million, with over $60 million in tokenized equities flowing into lending protocols.
- Tokenized funds market cap crosses new milestone above $2 billion.
Solana price reclaimed the $100 price level last week after months of consolidation below the same level. A subsequent pullback sent it below the same price point this week, but demand continues to show resilience.
Solana price action achieved a mid-week bounce, with price pushing back above the $100 level on Thursday. The SOL price exchanged hands at $103 at press time.
The crypto previously slid to $97 on Wednesday before the bulls reclaimed dominance. A noteworthy outcome, demonstrating that investors were not as keen to take profits. In other words, SOL investors remained bullish, with expectations of more upside ahead.
If the momentum continues to hold, then So
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