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Solana's RWA market cap jumps to $4.3B, boosting app revenues and network activity.

Protocol Fundamentals
17 Oct 2026
AMBCrypto
View Source
Bullish
Solana's RWA market cap jumps to $4.3B, boosting app revenues and network activity.

Solana's real-world asset (RWA) market capitalization surged from $700 million to $4.3 billion in one year, showing rapid growth though still smaller than Ethereum's $16.6 billion market. The network's application revenue rose 48% quarter-over-quarter to $299 million, driven mainly by consumer and trading apps. Solana also hit record tokenized equities and transaction volumes, processing 14.2 billion transactions at high speed. Despite these gains, SOL's price remains under pressure, testing key support levels, and needs stronger buying momentum to push higher.

As of Oct 18, 2026 06:21 WIB, Solana (SOL) trades at Rp1.849.876 on Pluang, showing a 1-day decline of 1.11%. The market cap stands at Rp1.092,81 trillion with a 24-hour trading volume of Rp23,85 trillion. Despite the recent growth in Solana's real-world asset market and application revenue, current Pluang order activity leans slightly towards selling at 55%, indicating cautious sentiment among traders.

More News (SOL)

Crypto derivatives open interest drops, led by Solana with a 6.59% decline on Oct 17

Crypto derivatives open interest drops, led by Solana with a 6.59% decline on Oct 17

On October 17, open interest in crypto derivatives fell across five major assets, with Solana experiencing the largest drop of 6.59% to $895 million. Bitcoin maintained the highest open interest at $7.62 billion despite a 1.50% decline, while Ether h...

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Solana's stablecoin supply drops $1.49B, pressuring SOL price amid ETF outflows and upcoming network upgrade.

Solana's stablecoin supply drops $1.49B, pressuring SOL price amid ETF outflows and upcoming network upgrade.

Solana's stablecoin supply on its blockchain fell from $17.45 billion on September 25 to $15.96 billion on October 17, reducing the liquidity available for trading SOL and increasing price volatility. Concurrently, US spot ETFs on Solana have seen te...

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Solana's open interest drops 4.25%, Bitcoin and Solana share highest crypto funding rates at 3.8% annualized

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On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...

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Solana (SOL) trades near $105 with bullish outlook if it breaks $120-$125 range

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Solana (SOL) traded around $105, fluctuating between $102.63 and $107.07 in the past 24 hours. An October forecast targets $110 within a range of $97.59 to $119.90, while a 2026 outlook suggests a strong bullish trend if SOL breaks above $120-$125, p...

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