Solana Takes Over Tokenized Stocks as Market Share Hits 99%

Solana’s influence in the tokenized equities market continues to grow as the network secures more than 95% of monthly trading volume from July to October. The chain reached a peak of 99% in October, signaling a decisive shift in market preference toward faster settlement and cheaper execution.  Besides this dominance, new on-chain data shows rising investor confidence as activity strengthens across spot markets, derivatives flows, and long-term structural patterns. 

Market Share Expands as Tokenized Equities Gain Adoption

Solana’s rise reflects increased demand for tokenized assets on platforms such as xStocks and Dinari. These platforms continue to scale activity due to rapid settlement and low network fees, which remain crucial for high-volume equity products. Moreover, the broader RWA sector is expected to reach $16 trillion by 2030, placing Solana’s position in a favorable long-term trajectory.

Demand also shows in market performance. Solana trades near $142 as of press time, posting weekly gains above 12%. Additionally, liquidity stays deep as daily volume remains above $4 billion. This strength keeps investors engaged during broader market rotations.

Short Pressure Builds as Solana Reclaims Key Levels

JohnnyB, a crypto analyst, noted that Solana reclaimed the $140 range low while funding rates stayed negative. This combination signals aggressive short exposure during a recovery. Hence, traders monitor the $143–$145 range for signs of continuation. A break above this zone may send price toward $148.

Open interest also holds at elevated levels, showing strong positioning from both sides. However, sustained negative funding increases the chances of a short squeeze. Buyers only need to defend $139 on pullbacks to maintain control. Momentum then shifts higher as traders unwind short positions.

Long-Term Structure Points Toward Higher Expansion

Source: X

Another analyst moonbag tracks a larger multi-year cup-and-handle structure forming on higher time frames. Price continues to turn upward from the $120 to $135 accumulation area. A reclaim of $160 strengthens momentum toward $200. 

Meanwhile, the wider breakout level sits near $240. Clearing this region may unlock targets around $320, $380, and $450. Hence, analysts view every dip under $150 as strong long-term value.