Solana Holds Steady at $88 as RWA Sector Surpasses $1.8 Billion Milestone
Solana (SOL) is demonstrating resilience by maintaining its key support level at $88, a crucial threshold for investor confidence. This stability is noteworthy as the Real World Asset (RWA) sector experiences significant growth, surpassing $1.8 billion.
Solana's daily trading volume has seen a significant drop to $3.3 billion from $6.5 billion on March 16. This decrease comes as market confidence wanes, with investors securing gains prematurely during upward movements.
The network processed approximately 880 million transactions over the past week, nearing its peak activity levels. However, this high transaction throughput has not translated into increased revenue, with weekly fee collections halving to $4.6 million compared to the June-September 2025 period.
Analysts view the disconnect between Solana's transaction activity and revenue generation as a bearish signal for its intermediate-term valuation. The network's ability to maintain the $88 support level will be crucial as the Real World Asset (RWA) sector continues to grow, now surpassing $1.8 billion.