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Alejandro Arrieche
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The Solana blockchain just crossed the Billion dollar milestone in real world assets (RWA), an important signal that strengthens the long term bullish Solana price prediction.
According to data from RWA.xyzthe total value of tokenized RWA on Solana increased by 17% in the last 30 dayshighlighting the growing adoption by both institutions and DeFi protocols.
This has placed Solana in third place. In this particular market, the blockchain still has a lot of work to do to topple Ethereum, as the latter boasts a total of $12.8 billion in RWA, more than 12 times more than the former.
However, Solana is growing at a much faster pace, which could shorten the number of years it would take for the network to overtake its main competitor.
BlackRock’s USD Liquidity Fund is the largest program within Solana’s RWA ecosystem with over $200 million in assets.
As Solana continues to showcase its technical strength and practical use cases, more institutional players like BlackRock could launch new initiatives to expand their footprint in the RWA space.
Solana Price Prediction: SOL Reaches Key Support at $130
Solana (SOL) appears poised to retest the $130 support today. However, price action continues to favor a bullish outlook as an ascending price channel has formed.
In the last 24 hours, the token has lost 6% as selling pressure increased significantly during the Asian session after a quiet weekend.
The Relative Strength Index (RSI) also sent a sell signal by breaking below the 14-day moving average.
However, as long as the $130 level holds, we should get a strong bounce back to $150 soon. Meanwhile, if we break this barrier, SOL could retest $110 in the near term.
Although the market has taken a breather lately, investor interest in major cryptocurrency pre-sales in the Solana ecosystem, such as Bitcoin Hyper ($HYPER), continues to grow.
Bitcoin Hyper is bringing the speed of Solana to Bitcoin, unlocking a new way to use BTC
Hyper Bitcoin ($HIPER) is a new cryptocurrency pre-sale that brings Solana-style speed to the Bitcoin ecosystem.
It is the first Bitcoin Layer 2 with smart contract support, allowing BTC to be used for more than just holding.
This means that Bitcoin holders can access things like betting, trading, and on-chain applications, without having to withdraw funds from the Bitcoin ecosystem.
with more $30 million Already teased during its public pre-sale, Bitcoin Hyper is quickly gaining attention as a project that aims to unlock new utility for Bitcoin users.
A new phase of how Bitcoin can be used is beginning, with Bitcoin Hyper focused on bringing programmability to Bitcoin while keeping BTC within the Bitcoin ecosystem.
The $HYPER token powers this layer 2 of Bitcoin, supporting transactions, pre-sale rewards, governance participation, and access to applications built directly on Bitcoin Hyper.
To participate in the $HYPER pre-sale, visit the official website and connect any supported wallet (such as Best Wallet)
From there, secure early access to $HYPER using USDT, ETH, BNB, or a bank card.
Visit the official Bitcoin Hyper website here
