Solana Price Prediction As NYSE Launched Stock Tokenization Platform

Solana price recently slipped below the $130 support level amid broader market weakness. The overall crypto market experienced a 2.25% drop in the last 24 hours. 

This slight adjustment comes after a seven-day decline of 1.08% despite a month-end growth of 2.96 percent. In the meantime, Bitcoin price dropped to the level of $90,000, and Ethereum was near the level of $3,000. The mood in the market is wary in the wake of the announcement by the NYSE of its new stock tokenization platform.

NYSE to Launch 24/7 Blockchain Trading Platform for Tokenized Securities

The New York Stock Exchange (NYSE) has revealed plans to launch a blockchain-based platform for tokenized securities. This new platform will facilitate 24/7 trade, instant settlement, and dollar transactions. It will also provide funding using stablecoins, thus becoming more accessible to international investors.

The site will be operating based on the powerful Pillar matching engine of NYSE, and its use, along with blockchain, will boost efficiency. This will help in minimizing settlement period and enhancing trading experiences. The increasing demand to have 24-hour access to the market is the reason why the NYSE opts to switch to tokenized securities.

NYSE is in the process of obtaining a permit to open the platform by the U.S. Securities and Exchange Commission (SEC). The exchange will be launched later on this year. The Intercontinental Exchange (ICE), the owner of NYSE, has a larger digital strategy upon which this project is based. ICE is as well updating its clearing infrastructure to facilitate 24/7 trading. The founder of Binance Changpeng CZ Zhao has responded to the New York Stock Exchange (NYSE) proposal to open a tokenized securities platform.

With the fall of the cryptocurrency market, the traditional currencies such as gold and silver has risen. Solana (SOL) is also recovering and may have an advantage of the NYSE. This platform would fulfill the increasing need in the digital asset trade within a changing market.

Solana Spot ETFs See Strong Inflows of $49.1 Million in the Last Week

In the past week, Solana spot exchange-traded funds (ETFs) experienced significant net inflows, totaling $49.1 million. This influx has driven the total net inflows of these ETFs to an impressive level of $876 million.

The latest data shows the individual ETFs which have been contributing to this growth, and they include BSOL with 32.2 million, FSOL with 10.5 million, and a few others, including QSOL and VSOL. The data also indicate that even though the inflows have oscillated in the last several months, there is an overall upward development trend of Solana-related assets within the ETF market.

Solana Price Prediction: Will SOL Hold $120 Support Level?

The latest SOL price plunged to $129.10, marking a 1.16% decline as of January 20, 2026. This decline is following a long phase of price changes, and the SOL is trading in a well defined channel.

The Relative Strength Index (RSI) is 24.26, which means that the cryptocurrency is now in the oversold area. The negative outlook is also supported by the MACD (Moving Average Convergence Divergence).

Traders are keenly monitoring the possibility of a breach of the $120 support, which may cause the further fall to the level of $100. In contrast, the Solana long-term prediction may revisit the resistance zone of $140 in case of a bounce near the current levels.

Solana Price Prediction As NYSE Launched Stock Tokenization PlatformSolana Price Prediction As NYSE Launched Stock Tokenization Platform
Source: SOL/USDT 4-hour chart: Tradingview

To sum up, the shift of the NYSE to blockchain and tokenized securities would be a positive influence on Solana, particularly in the field of digital asset trading, where the movement is gaining momentum. Solana is recording high inflows in its ETFs despite the recent declines, which is a long-term potential. Nonetheless, there is short-term volatility, and the support of $120 is being tested.

Source: https://coingape.com/markets/solana-price-prediction-as-nyse-launched-stock-tokenization-platform/