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Solana price drops to $172 even as RWA integration accelerates DeFi evolution – CoinJournal

2 June 2025
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RWA performance may allow tokenised treasuries and artificial ETFs.
Oracle mannequin makes use of on-demand knowledge for improved value effectivity.
Key worth assist at $168, resistance at $178.50; outlook cautious.

Solana is dealing with renewed stress out there as its native token, SOL, has dropped to $172.67 on the time of writing, down 1.26% within the final 24 hours and three.58% over the previous week.

Solana price
Supply: CoinMarketCap

Regardless of posting a robust month-to-month achieve of 16.05%, the current pullback comes as merchants reassess short-term positioning throughout threat property, particularly within the altcoin section.

Nonetheless, behind the worth motion, necessary ecosystem modifications are underway that might form Solana’s long-term relevance, significantly the rising momentum round real-world asset (RWA) integration in decentralised finance (DeFi).

RedStone, a modular oracle supplier, has formally launched its assist for Solana, enabling builders to feed off-chain knowledge equivalent to monetary, commodity, and macroeconomic indices immediately into good contracts.

As conventional and digital finance converge, this type of infrastructure is more and more seen as a prerequisite for stylish DeFi merchandise that search to reflect or work together with real-world markets.

RedStone brings real-world market knowledge to Solana good contracts

RedStone’s launch on Solana introduces a brand new layer of performance to the community’s DeFi protocols.

The oracle platform delivers worth feeds and broader monetary knowledge via a singular “on-demand” mannequin, which permits decentralised apps to drag knowledge solely when required, protecting prices low and efficiency excessive.

That is significantly suited to Solana’s high-speed, low-fee atmosphere.

The oracle integration may allow the creation of tokenised treasuries, artificial ETFs, and structured merchandise that depend on real-world inputs—use instances beforehand restricted by on-chain knowledge constraints.

With RWA merchandise projected to develop considerably as institutional traders search for blockchain-native representations of acquainted property, Solana’s inclusion on this ecosystem may improve its enchantment amongst builders and monetary gamers alike.

DeFi ecosystem could profit from RWA demand

The actual-world asset pattern is selecting up throughout a number of Layer 1 chains, with Ethereum and Avalanche beforehand main the cost.

Nevertheless, Solana’s rising developer base and infrastructure upgrades make it well-positioned to compete on this area.

Its ecosystem already contains lending platforms, decentralised exchanges, and yield aggregators that may now incorporate exterior knowledge streams for enhanced choices.

This opens the door for dynamic rates of interest primarily based on treasury yields, derivatives tied to commodity costs, and extra complicated devices that mimic TradFi constructions, giving institutional gamers a well-known threat framework inside a decentralised context.

The mixing additionally aligns with Solana’s broader mission to supply scalability with out compromising on performance.

Value outlook cautious as SOL clings to assist

Regardless of the promising technical upgrades, market members are watching SOL’s near-term worth motion intently.

After rallying earlier this month, the token has encountered resistance close to the $178.50 stage and is now hovering simply above a key assist band at $168.00–$170.00.

The 9-period easy transferring common (SMA) at present aligns with $172.50, which has turn into a short-term pivot.

A sustained transfer under this stage may invalidate the bullish bias and expose the asset to additional declines towards $160.00.

On the upside, a break above $178.50 may immediate a retest of $185.00 to $190.00, although momentum indicators counsel patrons may have stronger catalysts.

Merchants are more and more cautious as macroeconomic uncertainty and a modest decline in each day buying and selling quantity—$3.66 billion at current—level to thinning conviction within the brief time period.

Nevertheless, long-term members proceed to look at Solana’s ecosystem improvement, significantly the way it evolves round RWA performance.

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