Solana (SOL) is maintaining a bullish structure by defending a key support level, with analysts pointing to a potential move toward $80 if resistance is broken. The network’s institutional appeal is growing as Bullish has launched tokenized stock trading on Solana, settling equity transactions using US dollar stablecoins. SOL is currently trading at $75.88 with a market cap of $44.21 billion, and the broader market remains cautious.
Solana (SOL) is trading at $75.88 with a 24-hour volume of $1.08 billion and a market capitalization of $44.21 billion, according to CoinMarketCap. The token’s price structure and network growth are pointing to a potential bullish reversal.
According to analyst BATMAN, SOL is defending a crucial 12-hour bullish Fair Value Gap (FVG), which has become the nearest support zone. The area previously acted as short-term resistance before being flipped by buyers, strengthening the market structure. As long as SOL maintains this FVG, the bullish setup is likely to remain intact. A sustained breakout above resistance could draw in more buyers and accelerate movement toward the $80 mark.
In a separate development, Bullish has carried out its first-ever tokenized equity transactions on a regulated digital assets exchange using Solana. The company has tokenized its own BLSH stock on the blockchain, with trading already underway. According to data from Solana’s official account, the tokenized shares are settled through US dollar stablecoins, allowing transactions to occur via digital asset rails instead of traditional settlement systems. The 24/7 nature of Bullish could reduce settlement delays and provide greater access outside normal market hours.
The future path for SOL will depend on how buyers defend the optimistic FVG and whether they can break through nearby resistance levels. Breaking through resistance could lead SOL toward its $80 target, while failing to support it may result in a loss of momentum. The Bullish project’s tokenized stock release could further push Solana into crypto finance.
