Solana (SOL) Breaks Key Resistance, Eyes $172.72 as Institutional Adoption Rises

Solana’s price rose above $146.93, signaling a potential breakout after months of consolidation according to market analysis.

Institutional adoption is accelerating, supported by partnerships and upcoming ETF approvals as reported.

Solana’s RWA ecosystem now exceeds $1 billion in TVL, driven by tokenized assets like U.S. Treasuries according to data.

Solana (SOL) has recently cleared key resistance levels, marking a potential turning point in its price trajectory. After months of sideways trading, the token surged above the $146.93 level, raising expectations for further gains. This development is particularly significant given the backdrop of growing institutional interest and infrastructure improvements on the Solana network as noted.

The breakout has coincided with increased engagement from institutional investors, who are exploring new investment vehicles tied to Solana. These include exchange-traded funds and structured products tailored to professional capital. Notably, the Solana ETF market has seen a recent inflow of $23.57 million in net assets, the highest in four weeks.

In parallel, Solana’s network fundamentals continue to attract attention. The chain has processed over $1.6 trillion in trading volume in 2025 and is seeing rapid expansion in its real-world asset (RWA) ecosystem. This includes tokenized U.S. Treasuries, private credit portfolios, and institutional funds, with TVL now surpassing $1 billion according to reports.

What Is Driving Solana’s Price Momentum?

The recent price action reflects a combination of technical, institutional, and fundamental factors. Technically, Solana’s breakout above the $146.93 resistance has triggered bullish momentum indicators. Analysts are now watching whether the token can retest and hold above this level before moving toward $155.82 and ultimately the 200-day simple moving average at $172.72 according to market analysis.

Institutional adoption has also played a key role in supporting Solana’s price. The network has secured partnerships with major players in the traditional finance sector, including Visa, Stripe, and PayPal. These collaborations underline Solana’s growing reputation for handling high-volume transactions at low costs. Furthermore, the anticipated approval of Solana-linked ETFs could unlock new capital flows, especially if the CLARITY Act is passed, reclassifying certain digital assets in a way that eases regulatory burdens as reported.

What Are the Risks and Challenges for Solana?

Despite the positive momentum, Solana faces several risks. Short-term traders are monitoring whether the $146.93 level can be held, as a breakdown could lead to retracements toward $137.70 and further down to $128.00. On the broader front, macroeconomic factors such as global risk appetite, interest rate expectations, and equity market performance remain critical for Solana’s price trajectory according to analysis.

Another challenge lies in competition with Ethereum’s Layer-2 solutions and concerns over network reliability. While Solana has made strides in scalability and throughput, any outages or security vulnerabilities could undermine its appeal. Institutional investors are also cautious, with some expressing concerns about the elevated valuation metrics relative to transaction activity as observed.

In summary, Solana’s recent price breakout is supported by strong institutional interest and network upgrades, but the path forward remains subject to market volatility and regulatory developments. Analysts remain optimistic about long-term growth potential, particularly if key resistance levels are successfully retested and held.