Solana (SOL) remains confined to a broad trading range as buyers defend key support and sellers repeatedly reject higher levels. A confirmed breakout could strengthen bullish momentum, while a breakdown below support may trigger renewed selling pressure. Meanwhile, Solana's growing dominance in tokenized assets highlights its expanding role in decentralized finance (DeFi).

At the time of writing, SOL is trading at $75.31, recording a 24-hour trading volume of $588.8 million and a market capitalization of $43.88 billion, according to data from CoinMarketCap. Following signs of stability over the last 24 hours, SOL's price structure and the growth of tokenized assets on the network point to a bullish reversal ahead.

SOL Breakout Above $81 Could Target $276

According to crypto analyst The Boss, SOL remains trapped within a broad weekly range as buyers and sellers struggle to establish control following the sharp sell-off, as outlined in his post on X.

The price continues to face repeated rejection near overhead resistance, while the lower support zone remains intact. In the analyst's view, this sideways structure indicates that momentum is still limited, leaving the market without a confirmed directional trend for now.

The next price action may determine SOL's short-term trend. A breakout above the $81 level would reinforce the bullish formation, allowing buyers to take control and drive the price toward $113, $138, $184, $206, and ultimately $276. On the other hand, a breakdown below the support level would reverse buying interest and weaken the recovery formation.

Solana Dominates Tokenized Stocks in DeFi

Data from Token Terminal shows Solana leading all blockchains in stock tokens held in DeFi wallets, with a 64.5% market share, according to the analytics platform's post on X.

Tokenized stocks are blockchain-based representations of traditional equities that trade and settle on-chain, often with around-the-clock availability, and they sit within the broader real-world asset (RWA) tokenization push that has drawn institutional participation, with asset manager BlackRock launching its tokenized BUIDL liquidity fund in 2024. Solana's high-throughput, low-fee design has made it a frequent deployment venue for such products: Backed Finance's xStocks tokenized-equity program launched on Solana in 2025, and Robinhood Chain's presence in the ranking follows the brokerage's rollout of stock tokens for European Union customers.

The figure places Solana well ahead of Ethereum, BNB Chain, Robinhood Chain, and Base, underscoring its significance in the placement of tokenized traditional assets within the on-chain environment.

Ethereum ranks next at 13.5%, followed by BNB Chain at 12.5%, Robinhood Chain at 7.0%, and Base at 2.4%. The distribution illustrates Solana's strength in the growing tokenized asset space, where its presence could expand further in DeFi in the coming days, provided sufficient liquidity and other supporting factors are in place.

Despite the bullish price predictions and network growth, SOL is currently moving in neutral territory. The move also aligns with the general trend across the crypto market, as Bitcoin's price has started to move downward.

What Comes Next for Solana?

SOL's next course of action will depend on whether buyers can clear overhead resistance and make bullish momentum stick. A successful breakout could lead to further gains, whereas a breakdown below the support level would once again encourage sellers. Until then, the rangebound structure leaves both outcomes open. Beyond price, the tokenized-stock data adds a metric worth tracking: whether Solana retains its share of on-chain equities as more brokerages and competing chains scale their own tokenized-asset offerings.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always do your own research (DYOR). This article is not financial advice.