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Solana Nears $78 After Technical Buy Signal as $900M of Real‑World Asset Flows Boost Momentum

Mid‑July on‑chain inflows and a fresh SuperTrend buy indication have lifted SOL but it faces tight resistance that will determine if retail-driven gains become sustained institutional demand.

Overview

  • SOL has climbed roughly 30% from its June low and traded around $77–$78 after reclaiming the 50‑day EMA and printing the first SuperTrend/ATR buy signal since October.
  • On‑chain trackers show more than $900 million in net real‑world asset inflows over the past 30 days and Solana has struck a partnership with SBI Holdings to develop on‑chain financial infrastructure in Japan.
  • Retail and speculative activity is driving the rally with futures volume up about 15%, a positive funding rate, and a single‑day DEX volume spike above $4 billion that outpaced rival chains.
  • Price action stalls near $78 with defined supply walls at $78–$81.5 and $89–$92, ETF flows flat to slightly negative this week, and fragile liquidity that makes holding $74–$75 a short‑term must for bulls.
  • If investors convert on‑chain RWA demand and partnership signals into steady capital inflows the move could extend toward $90–$96, but a break below $74 would reopen the route back to June’s low near $60 and raise liquidation risk.