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Solana price rises to mid-$70s on growing institutional adoption and tokenized asset activity

Market News
30 Jun 2026
Tokenpost
View Source
Bullish
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Solana (SOL) climbed to the mid-$70 range, supported by rising institutional interest and expanding tokenized asset activity on its network. The blockchain processes about $650 billion in monthly stablecoin payments and has seen over $4 trillion in cumulative on-chain transactions, highlighting its role beyond speculation. Tokenized equity trading on platforms like Raydium has surged, and major banks such as JPMorgan and Goldman Sachs are exploring Solana-based tokenized asset initiatives. Despite some ETF outflows and short positions that add volatility risk, Solana's upcoming Breakpoint 2026 event in London signals a push for institutional-grade adoption and European market expansion.

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