adminIn recent developments, wisdomTree’s tokenised funds strengthen Solana’s institutional adoption narrative. SOL faces key resistance at $130 after forming support near $117. Rising on-chain activity boosts usage despite ongoing meme coin risks. SOL is currently trading around the mid-$120 range, having recently struggled to reclaim the psychologically important $130 level. Despite short-term weakness, broader developments within the Solana ecosystem suggest growing structural support beneath the price. At the centre of this renewed narrative is WisdomTree’s decision to expand its tokenised fund offerings onto the Solana blockchain. BREAKING: WisdomTree expands tokenized fund access to Solana Enabling retail and institutional users to transfer, and hold @WisdomTreePrime’s full suite of regulated tokenized funds on Solana pic.twitter.com/HXxtSbKjns — Solana (@solana) January 28, 2026 This move places Solana firmly within the accelerating real-world asset tokenisation trend led by traditional financial institutions. WisdomTree’s expansion of its tokenised funds to Solana WisdomTree manages more than $150 billion in assets, making its presence on Solana a significant validation signal. By enabling tokenised money market, equity, fixed income, and allocation funds on Solana, WisdomTree is deepening institutional use cases for the network. The integration allows both institutional and retail participants to mint, trade, and hold regulated tokenised funds natively on-chain. Solana’s fast settlement speeds and low transaction costs appear to be key reasons behind WisdomTree’s expansion choice. This development strengthens Solana’s positioning as a blockchain capable of supporting regulated financial products at scale. Institutional adoption often acts as a slow-burning catalyst rather than an immediate price trigger. However, it can materially alter long-term demand dynamics for SOL as the network utility expands. Technical structure and speculative activity shape short-term outlook At the same time, market participants are watching SOL’s technical structure closely. Recent price action has shown signs of a potential double-bottom formation around the $117 area. This pattern is often interpreted as a stabilisation phase following extended downside pressure. If SOL can maintain support above this region, technical traders see room for a move toward higher resistance zones. The $130 level represents a critical short-term barrier that has capped upside momentum. A clean break above $130 could shift market sentiment decisively toward a bullish continuation. Beyond technicals, on-chain activity across Solana continues to show mixed but notable signals. Meme token activity on Solana has experienced a surprising revival after months of reduced engagement. Platforms like Pump.fun have driven a surge in new token creation, approaching an eleven-month high. Hundreds of thousands of addresses have re-engaged with Solana’s meme economy in recent weeks. This activity has translated into rising decentralised exchange volumes and fee generation. While much of this participation is short-term and speculative, it still contributes to network usage. Higher transaction counts and fee flows indirectly reinforce SOL’s role as the network’s economic backbone. However, the meme token sector has also highlighted ongoing risks within Solana’s ecosystem. The rapid collapse of the LICK memecoin underscored persistent issues around insider concentration and token launch practices. Events like this can weigh on sentiment, particularly among more risk-averse investors. Nevertheless, speculative excess has historically coexisted with meaningful innovation during growth phases. The post Can SOL break past $130 as WisdomTree expands tokenised funds to Solana? appeared first on CoinJournal.
Looking closer, market participants highlight key drivers such as liquidity flows, macro risk appetite, regulatory headlines, and on-chain activity. Short-term swings often reflect liquidation cascades and funding imbalances, while spot volumes and exchange inflows set the broader tone.
Analysis: The medium-term picture hinges on whether buyers can sustain momentum without excessive leverage. If flows continue favoring majors like BTC and ETH, altcoins could experience a staggered rotation instead of a broad-based rally. Meanwhile, policy clarity in key jurisdictions remains a decisive catalyst; clearer rules typically compress risk premia and attract institutional allocations. Beyond price action, on-chain metrics such as active addresses, fees, and stablecoin velocity help validate trend strength.
Outlook: Over the next few weeks, observers will watch price acceptance above recent resistance, derivatives positioning, and ETF-related flows. A constructive setup would feature rising spot demand, contained leverage, and improving breadth across sectors such as DeFi, infrastructure, and Layer-2 ecosystems.
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