Solana’s distributed Real-World Asset (RWA) value reached a record-breaking $2.7 billion on June 10, 2026, marking a new all-time high for the ecosystem. Despite this significant growth in fundamental network utility, the Solana (SOL) price remains under heavy selling pressure, currently trading between $63 and $65.
Market analyst Ali Martinez has since identified a technical setup that could potentially propel the token toward a $77 resistance cluster.
The surge in RWA valuation, reported by the RWA Foundation, highlights the increasing institutional interest in tokenizing physical assets on the Solana blockchain. This growth suggests that the network is successfully capturing a larger share of the traditional finance migration to on-chain environments. However, the disconnect between network adoption and price action mirrors broader market trends where mid-cap tokens are struggling to maintain momentum.
For instance, Bitcoin holds steady as mid-cap tokens face selling wave, leaving assets like SOL to find their own floor. While the $2.7 billion RWA milestone provides a long-term bullish narrative, short-term traders are focused on whether the current price floor near $63 will hold against further liquidated positions.
Ali Martinez identifies TD Sequential buy signal for Solana
Technical analyst Ali Martinez recently flagged a potential trend reversal based on the TD Sequential indicator. This specific signal suggests that the recent downward exhaustion may be nearing its end, paving the way for a recovery toward the $77 price level. For this move to materialize, SOL would need to mount a rally of approximately 22% from its current intraday lows.
The setup remains unconfirmed and carries risks, especially as the broader market remains volatile. According to Martinez, the bullish thesis gains significant strength if the Solana price can achieve a daily close above $68. Such a move would need to be accompanied by a noticeable increase in spot trading volume to convince sidelined buyers to re-enter the market.
Critical resistance levels to watch for moving toward $77
While the $77 target is the ultimate goal for current bulls, several hurdles remain in the immediate path. The first major test is the $68 level, which acted as a psychological barrier during the recent slide. If the token can reclaim this zone, the next objective would be the $75 mark, which sits just below the $77 resistance cluster identified by analysts.
Failure to clear these levels could lead to a retest of the $60 support zone. Traders are closely monitoring these price points as the crypto market window closes as utility shifts toward projects that can prove sustainable revenue. Solana’s ability to turn RWA growth into price appreciation will be a major test for the second half of 2026.
Real-world asset growth hits $2.7 billion milestone
The expansion of the RWA sector on Solana is perhaps the most compelling fundamental story for the network this year. From tokenized real estate to private credit and treasury bills, the variety of assets moving onto the chain has diversified the ecosystem’s total value locked. The $2.7 billion figure represents a massive leap in trust from institutional participants.
This growth comes at a time when other major blockchains are also fighting for RWA dominance. Solana’s low transaction costs and high throughput have made it a preferred destination for developers looking to scale asset tokenization. The RWA Foundation’s data suggests that this trend is accelerating despite the recent 33% decline in the token’s price over the past month.
It’s clear that the network’s utility is expanding even as speculative interest wanes. This shift is similar to how Ether enters a rare accumulation phase when prices dip below historical averages. For Solana, the RWA growth serves as a buffer against the total loss of investor confidence during periods of intense market correction.
Solana price performance and market outlook
As of June 10, 2026, the Solana price is displaying varied results across major exchanges. Leading data providers show the token trading at $63.21, reflecting a 24-hour decline of 4.22% and a staggering 15.73% drop over the last week. Some international platforms like bitm are showing a slight premium with prices near $65.23, but the overall sentiment remains cautious.
The long-term chart for SOL shows a 60% decline over the trailing 12 months, placing it in a deep valuation reset. This context makes the potential $77 recovery even more critical for long-term holders. If the $2.7 billion in RWA value continues to climb, it may eventually force a “supply squeeze” as more SOL is required for network fees and collateral.
In the coming weeks, the interaction between technical buy signals and fundamental network milestones will likely determine if SOL can break out of its current slump. If the TD Sequential signal fails to confirm, the market may see a deeper correction toward the $55 level before any meaningful recovery begins.