Solana (SOL) is trading at $75.31, with a market capitalization of $43.88 billion. The token has posted $588.8 million in 24-hour trading volume.
Buyers continue to defend a key support zone. SOL has moved sideways for weeks as sellers keep rejecting attempts to push higher.
Crypto analyst The Boss shared a chart on X showing SOL trapped in a broad weekly range. The post noted that buyers and sellers are struggling for control following a sharp sell-off.
$SOL is still trapped in a major weekly range.
After the sharp historical sell-off, #SOL has been consolidating rather than establishing a new trend. The latest candles remain below the yellow resistance zone, while the green support area continues to define the lower… pic.twitter.com/o0OYGxLTum
— The Boss (@CryptoTheBossX) August 16, 2026
The analyst pointed to repeated rejections near resistance. The lower support zone has stayed intact through the chop, keeping the structure from breaking either way.
A move above $81 would confirm a bullish structure, according to The Boss. The analyst outlined targets at $113, $138, and $184.
Further targets sit at $206 and $276 if momentum builds. A break below support would weaken the recovery case instead of strengthening it.
SOL price action currently sits in neutral territory overall. Bitcoin’s recent slide has weighed on the broader crypto market too.
Data platform Token Terminal posted on X that Solana holds 64.5% of all tokenized stocks placed in DeFi wallets. That share puts Solana ahead of every other chain tracked in the data.
Ethereum holds 13.5% of the tokenized stock market, per the same post. BNB Chain follows at 12.5%, then Robinhood Chain at 7.0% and Base at 2.4%.
Nearly two-thirds of tokenized stocks deposited into DeFi applications are on Solana
Solana accounts for 64.5% of deposits, ahead of Ethereum (13.5%), BNB Chain (12.5%), Robinhood Chain (7.0%) and Base (2.4%) pic.twitter.com/y1FaJ7HxJk
— Token Terminal
(@tokenterminal) August 15, 2026
Solana also leads growth in tokenized U.S. Treasury bills. It added $378.2 million over the past 30 days.
Ethereum added $272.2 million in the same period, about $106 million behind Solana. BNB Chain added $49.2 million, and off-chain holdings rose $81.7 million.
Issuer Superstate led 30-day Treasury bill growth with $184.2 million. Securitize followed closely with $182.8 million, and Franklin Templeton added $86.2 million.
OpenEden contributed $39.7 million, while J.P. Morgan added $24.2 million. Most new supply came from a small group of established issuers rather than spreading evenly.
Tokenized stocks deployed in DeFi now total around $111 million. That figure sits inside a broader market worth $2.3 to $2.4 billion, according to RWA.xyz data.
Solana accounts for $71.6 million of that deployed value, or roughly 64-65%. Ethereum follows at $15 million, ahead of BNB Chain at $13.9 million.
Solana also recorded $5.8 billion in spot DEX trading volume. That figure reflects trading activity tied to its growing tokenized asset ecosystem.
The post Solana (SOL) Price: Buyers Defend Support Near $75 as Range Continues appeared first on Blockonomi.
