Driven by improved risk appetite following the ceasefire between the U.S. and Iran, SOL rose 3.6% to around $83, as Solana’s real-world asset ecosystem reached a new all-time high of $2.5 billion, with nearly 200,000 holders.
Market response
Solana’s price reaching a market expectation of $150 in April reflects growing market interest, though no specific probability has been disclosed yet. Inflows of institutional capital indicate increasing activity within the Solana ecosystem: $3.25 billion in USDC has been recently added. Tokenized U.S. Treasuries on Solana account for over 90% of the chain’s non-stablecoin RWA.
Why is this important?
Solana currently leads Ethereum in the number of RWA holders, with between 154,000 and 218,000 wallets. This growth momentum has continued even after the Drift Protocol vulnerability resulted in a $285 million loss. The Solana Foundation has launched two initiatives—STRIDE and SIRN—focused on protocol monitoring and verification.
What are you looking at?
Any major upgrade or developer grant announcement from the Solana Foundation could impact market expectations for the $150 price target in April. Announcements from Anatoly Yakovenko or Austin Federa are worth watching. Bitcoin’s performance also often correlates with SOL’s price movements.
For traders, a substantial return would be realized if Solana's price reached $150 in April, but this requires confidence that a meaningful price catalyst will emerge during the month.
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