Looks like Wall Street and big payment companies are getting cozy with Solana, moving a ton of cash onto the network for tokenized funds and global payments. This is happening even while the general crypto market is kinda slowing down, according to a fresh report from Messari.
I'm sure you see what I mean. There's usually a reason behind a coin's price surge. I feel like coins with real-world asset (RWA) tokens might still see some gains in the next big market rally since they’re what everyone's buzzing about right now.
Solana is definitely one of those.
Another one I'm aware of is ondo.
What's your take on this?
I think we could take some risks with both of these coins.
If that's good news for Solana, it should start pumping right away, but as you can see, it also follows what BTC is doing these days.
Or maybe they just announced it to test how it can attract investors since there are different types of news. I think this one is a counterpart of FUD. Let's see how Solana will perform next week.
I might stay or keep a long position with Tron since this is the only coin right now against the BTC from before until now.
Actually market rarely care about big banks getting into the blockchain, quite the opposite the most people's opinion that they would bring some good pump.
We've been having some news about large corporations integrating and even making a fund inside the blockchain, there were news about visa doing settlement in solana for their neobank cards, market didn't even move.
I do not think so. However, big banks can manipulate some coins to pump, but it is too risky for them to help Solana pump when the BTC is against it.
These institutions or banks must also be able to analyze charts; otherwise, it is a gamble.
Honestly, I am more on technical analysis; I only put 15% of my time into fundamentals and 85% into technical analysis. I can't find momentum to buy more on Solana except selling momentum.
By reading the article, do they ever mention what date or when they do that? Based on what I understand, that they tokenized their funds for me it means they converted their funds to any stablecoin like USDT backed by the Solana network, but there is no action yet if what they are going to do with those funds.
So, from what I understand, this is just a plan, and once BTC pumps again, Solana will follow, as well as their plan to have Solana pump more. This is just a different scenario, but it could happen or not.
The only thing Solana had going for it was NFT's and memecoins. Combined with huge pumps and very fast and cheap transactions, that was pretty much all it was about. Why change the entire concept now? I would love to know what they are planning with Solana? Is their entire userbase not comprised of mainly gamers who are not really into anything else besides memecoining? Are they trying to take a gamble on this new transformation?
I never considered Solana as a memecoin. Yeah, a lot of memecoins were indeed made on the SOL blockchain, and they were encouraging all that action but Solana itself was never a meme coin, I'd argue. I haven't heard much about Ondo, will check it out.
If I remember correctly, I have read similar news about XRP lots of times but not seeing anything reflecting on the price level of XRP. But comparing XRP with SOL must not be right because XRP has ruined its own reputation with hundreds of pump and dump incidents.
XRP adoption was pseudo adoption, it never attracted institutional adoption at all but just an empty noise, which is the reason why XRP price is stagnating.
Solana adoption is a real deal involving low to mid 9 figure number which is great, if they keep up Solana could experience another gigantic bull.
People don't seem to understand the concept RWA tokens. They aren't bringing more value then maybe in stable coin transaction fees. Rest of the RWA tokens are mostly just mirroring values of other things. They aren't contracts for people to own those things, so the very concept what people and institutions wanted from RWAs doesn't even exist yet. And i have a hard time seeing the benefits for real ownership tokenization when that tokenization will be centralized and wouldn't have anything to do with non-custodial wallets.
It will be just one big duct tape solution. Prove me wrong developers, please.
I have followed this concept for ages now, and all the ideas are basically ignored after they are hyped with their pilot programs. It's so far from finished that i am skeptic to see anything revolutionary happening on that field in my lifetime.
Not a bad move, because memecoin period is getting near the end and SOL will need something more to keep this going and we are not going to see SOL grow with memecoin hype all that much, not anymore at least.
We should be considering how this could be very bad for us, and we are not going to see it become something that will benefit it. So we really need to make sure that SOL is used for something else, it is not going to be something that would not be all that easy for SOL to shed this quickly, but with time, it could happen.
Maybe they want to go further into the global economic space where being a provider for tokenization is more solid for the resilience of their projects, if solana can work with big banks or even companies about providing for products that will be made with those institutions, because the memecoin market will not last long, games will not last long, just like NFTs it's seasonal maybe even when it's forgotten it won't come back, they are starting to transition their focus to a better ecosystem that is capital strong and will have a better impact in the long run which is not just hype, RWA is if conceptualized stable in adoption, volume and transactions it will also be very good for competition and resilience of Solana in the financial industry that continues to advance.
The risk is that if they fail, they can go back to their ways of attracting speculators and memecoin gamblers back in to enliven their network.
While this is not a bad move, it is also not the best move in the world to make. I think it is going to be something that would not be all that complicated, because we are talking about something that is simple to achieve but takes time to achieve. What they need to do is just get used by more "serious" places and projects, could be banks, could be corporates, could even be tokens but not meme and just serious real ones, like SOL is used for games to be fair and that's not too bad.
These are all things that makes it better but at the same time it is not really an endless thing. So you need to give it time because it is not going to get used by all of them overnight, it takes time for all these to reach that level and should be a lot better if you wait.
Solana has been one of the altcoins I always pay attention to, I dont do enough research about it, but from the way it is responding to market once the Bitcoin price move upward is really encouraging, it gives chance for buying and it always gives profit if you trade with caution. It is a very good coin for short term investment because it will definitely pump since financial institutions are investing in the project, and they will want to make their money back, and as a result of that we can also make good money if we invest for short term.
Only Bitcoin should be trusted for long term investment.
More like a sign that the group you are in, were truly shady .
But, Solana is long time popular as a coin already. Hence, it was one of those that are being used in the meme coin field. But speaking of meme coins, the aspect of it are I think can remain even though more big players enter. Because Solana has been long time like that even though there are times that it wasn't in the spotlight.
There must be something on it that meme devs see. It was like Solana is like a honey and they are the bees that keeps on following it. It was only a good thing if more big players now enter Solana, as that builds more stability in the crypto. Solana can be unstoppable now.
Good for them. Because such a move will cause market prices to increase over the long-term. Both retail and institutional investors will win, but crypto won't. Why? Because it will only make the industry more centralized. The advent of RWAs on public chains, will enable more regulatory scrutiny in the industry. At least, that's how I see it.
For some reason, Solana isn't "pumping". It may have to do with the fact that Bitcoin is going downhill. It is the main enabler of the crypto market, after all. The world is waiting for geopolitical tensions to ease. Until that happens, we should expect more pain for crypto assets within the short-term. I'd "gamble" with Solana and Ondo with the least amount of money, just to play it safe.
Watch it go to $100+
It's a good time to buy while it's down by at least 7.36% it will only increase SOL has big potential, even if everyone thinks it's a meme coin. The Main SOL altcoin is the best to go with not any others. Just if you was to buy XRP I would not go for anyone XRP but the main XRP altcoin and I'm not saying XRP is a good investment because that one is a risk.
Solana has potential to reach $100 and above. The real problem lies on the market itself. There's not much interest/demand for altcoins these days. An altcoin season has been long overdue. Everything's bearish, and things have gotten worse recently because of Bitcoin taking a dip in market prices.
At least, Solana is beginning to be taken more seriously as it moves away from the "meme" coins hype. If "Wall Street" goes deep in the game, I'd envision Solana reaching $300 - $500 in the near future. It can even go as far as being worth $1k, moving one step closer towards Ethereum. I mean, Solana has greater advantages than ETH itself. It's faster, cheaper, and versatile. The biggest concern would be centralization. That's the only thing that makes Solana "inferior" to Ethereum. Traders and investors are closing watching the performance of Solana. Who knows what lies ahead in the future?
Solanas outlook right now is defined by two opposite forces happening at the same time:
- Institutional adoption is accelerating (bullish)
- Price action and trader sentiment are deeply bearish (short‑term risk)
Structured breakdown of what traders and investors are watching based entirely on the latest verified data from June 2026.
Solana is trading near £50£52 GBP (≈ $67$69 USD) after a sharp multi‑week decline.
Key facts:
-SOL is down ~16% in the last 7 days and ~20% in the last 30 days.
- It has hit its lowest level since December 2023.
- RSI dropped to 22, indicating extreme oversold conditions.
- Long liquidations wiped out $78M$88M in a single day.
This shows panic selling, not steady distribution.
What Traders Are Watching Right Now
1. The Critical Support Zone: £46£54 ($58$67)
Analysts identify $58$67 as the most important support band.
If this zone holds, a rebound is possible.
If it breaks, SOL could fall toward $50.
2. Institutional Adoption (Bullish Long‑Term)
Look at this: KEYPOINTS: Mastercard, Western Union, State Street, SoFi all launched stablecoin/tokenization initiatives on Solana.
Source -> https://invezz.com/news/2026/06/04/will-solana-end-its-losing-streak-and-defend-the-65-support-level
Look at this: KEYPOINTS: Western Unions USDPT stablecoin is now integrated on Solana via Bybit.
Source -> CoinMarketCap
Look at this: Solana processed $832B in stablecoin volume in Q1 2026.
This is real-world adoption, not hype.
RWA hasn't shown its peak yet IMHO. And that's the same with AI tokens but with Solana dropping to $70 or even below as of this time, it's a steal for those believers of it. I think that when the memecoin craze for it had pumped a lot 2 years ago or during the bull run, that's one of the contributors of its high price. While those who bought at the peak might have been thinking if it's still worth it to have, you bought it at peak and when it's cheap you shouldn't doubt to have more of it.
I don't think the perception that solana is used mainly for meme coin gonna come off that soon, not when solana is the first choice to deploy memecoin.
However things can at the same time, solana is just a blockchain and people with little technical knowledge will know that the memecoin reputation is just a generalization by people.
Solana as an alternative blockchain is fast and cheap, definitely usable for big banks settlement.