U.S. senators from both parties have filed several amendments ahead of tomorrow’s markup of the crypto market structure bill. The markup was moved from earlier U.S. senators from both parties have filed several amendments ahead of tomorrow’s markup of the crypto market structure bill. The markup was moved from earlier

Solana Price Climbs 2% as WisdomTree Launches Tokenized Funds on the chain

2026/01/29 11:12
3 min read

The Solana price has climbed 2% in the last 24 hours to trade at $125 as WisdomTree expands its tokenized fund offerings onto the Solana blockchain.

The U.S.-based asset manager said this move is part of its multi-chain deployment strategy, enabling both institutional and retail investors to mint, trade, and hold its full suite of tokenized funds directly on Solana. All of WisdomTree’s tokenized products, including money market, equities, fixed income, alternatives, and asset allocation funds, are now available on the high-speed layer-1 network.

Before this expansion, the firm already offered tokenized funds across Ethereum, Arbitrum, Avalanche, Base, and Optimism. Meredith Hannon, WisdomTree’s head of business development for digital assets, said the move demonstrates the company’s focus on regulated real-world assets (RWAs) within the on-chain ecosystem.

“Solana’s infrastructure allows us to meet growing crypto-native demand while maintaining the regulatory standards institutions expect,” she added, highlighting the network’s high transaction speeds as a key factor.

Solana Strengthens RWA Position

Solana currently ranks as the fourth-largest blockchain for distributed tokenized assets, with around $1.3 billion in on-chain RWA value, representing 5.6% of the total distributed asset market, according to RWA.xyz. Ethereum continues to dominate the sector with over 60% market share. Distributed assets leverage blockchains as a distribution layer, letting investors subscribe, hold, and manage tokenized products directly through self-custody wallets or regulated custodians.

Nick Ducoff, head of institutional growth at the Solana Foundation, said WisdomTree’s decision underscores growing demand for broader access to tokenized RWAs and reflects Solana’s capacity to support such offerings at scale.

Investors can access WisdomTree’s funds through WisdomTree Connect and WisdomTree Prime, with the added ability to directly on-ramp USDC from Solana into the platforms, streamlining participation in on-chain investment products.

Solana Price Signals Potential Reversal After Recent Pullback

The Solana price is trading at $125.94 following a minor dip of 0.01% in the last session, signaling a potential reversal after recent consolidation. The 4-hour chart highlights a critical support zone near $122–$123, which acted as a floor following the sharp drop from the $145 resistance level.

The pair previously formed a rounded bottom pattern, a classic technical setup that often precedes bullish reversals. This formation emerged after a prolonged consolidation phase, suggesting accumulation by buyers around the $122–$123 level. Price action has since attempted to retake the $125–$126 range, indicating renewed buying interest.

SOLUSDT Chart Analysis. Source: Tradingview

A major resistance zone remains around $145, marking a key level that SOL needs to break for a sustained bullish move. Analysts note that the consolidation zone between $122–$130 has been crucial in defining short-term market structure, with repeated tests reinforcing its significance.

The Relative Strength Index (RSI) sits around 50.37, indicating neutral momentum and room for either bullish or bearish movement. A rising RSI from this midpoint could support further upward movement, potentially targeting the previous highs near $145–$150 if buying pressure continues.

Solana appears poised at a pivotal point, with technical signals suggesting the potential for a recovery in the near term. According to chart indicators, traders are monitoring the current price closely for confirmation of a reversal. If SOL can maintain above the $125–$126 area and gather momentum, a push toward the target price zone is likely.

Conversely, a breakdown below $122 could trigger further downside pressure, signaling that the consolidation may extend. Investors and traders are advised to watch the key support and resistance levels carefully while evaluating market sentiment and volume trends for confirmation of the next directional move.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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