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SOL at $60: ETF Staking Filing, $1B Treasuries & RWA Dominance
Audio is available on Spreaker — see link below.
SOL tests critical $60 support as Morgan Stanley files a staking-enabled spot ETF and five public companies cross $1B in combined treasury holdings. On-chain fundamentals diverge sharply from price action — here's what to watch next.
Audio is available on Spreaker — see link below.
SOL is sitting on the edge. After rejecting the seventy-six to seventy-eight dollar resistance zone, Solana has dropped into the sixty to sixty-five dollar support band, and the next few sessions will tell us whether that floor holds or gives way entirely.
On the institutional side, Morgan Stanley filed an amended S-1 for a spot Solana ETF. The structure includes a zero point one four percent fee and a delegated validator staking model, with staking rewards passed through to holders.
Five public companies now hold a combined one billion dollars-plus in SOL treasuries. Forward Industries, Helius, SkyAI, and others accumulated roughly fifteen point seven million SOL through equity raises and PIPEs.
SOL-focused ETFs pulled in just under three million dollars in a single Thursday session, and weekly inflows topped seven million. At the same time, futures open interest dropped from five point one eight billion on Wednesday to four point eight five billion by Friday.
Solana is now the largest real-world asset platform by holder count, with over two hundred and eighty-five thousand holders following a wave of recent deployments including a SpaceX tokenized IPO. That's not a minor metric.
Macro conditions remain the ceiling. Elevated central bank rates have suppressed altcoin inflows throughout twenty twenty-six, and that hasn't changed.
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