The tokenized real-world assets on the Solana network have crossed $4 billion as the SOL token is nearing the psychological level of $100. This comes in the wake of 3 Solana Governance Proposals (SGPs) going live. If all three proposals pass, the analyst expects Solana to spike massively.
Solana crosses $4 billion in RWA value
Real-world asset adoption is currently dominated by the Solana network. According to Cryptobusy, a market analyst, the tokenized assets on the chain have crossed $4 billion. RWA growth matters to SOL because it can turn Solana from merely a crypto network into infrastructure for traditional financial assets. The more stocks, Treasuries, funds, and other assets that are issued and traded on Solana, the more financial activity could flow through the network.
That can increase network usage, liquidity, institutional adoption, and potentially fee generation, creating stronger fundamental support for SOL. However, RWA growth does not directly translate into an equal amount of SOL buying, so the impact on price depends on whether this growing asset activity actually produces greater demand and value accrual for the SOL token.
Solana’s three decisive proposals go live
This comes in the wake of the Solana Governance Proposal going live. The three Solana governance proposals focus on governance, SOL’s inflation rate, and the network’s fee structure. SGP-0001 establishes the framework for Solana’s new governance system, defining how major proposals are introduced, supported, and voted on. SGP-0002 focuses on SOL’s monetary policy and proposes doubling the network’s disinflation rate from 15% to 30%, allowing Solana to reach its 1.5% terminal inflation rate faster.
This could reduce the number of new SOL tokens entering circulation over time, although it could also affect staking rewards. SGP-0003 proposes changes to Solana’s fee structure so that transaction costs more closely reflect the network resources being used. A potentially important consequence is greater SOL burning from transaction fees.
Together, SGP-0002 and SGP-0003 could improve SOL’s supply dynamics by reducing the pace of new token issuance while potentially increasing the amount of SOL removed from circulation, while SGP-0001 provides the governance framework for making these decisions.
As shown in the chart above, SOL has crossed above $95 as it approaches the psychological $100 level. Most importantly, the coin has crossed above both long-term and short-term moving averages. In addition, the 50-day MA is about to cross the 200-day MA, and a golden cross could happen. If these two intersect, there is a high chance that SOL could cross above $100.
