Ah, Solana, once merely a gleeful gambling den of the blockchain world, is now shuffling along to shed its playful “casino chain” moniker, stepping into the regal arena of real institutional assets with a flourish fit for a grand soiree. Real World Assets (RWA) on the platform have leapt to dizzying heights, currently basking in a rather respectable valuation of over $418.1 million, fueled primarily by the scintillating allure of tokenized U.S. Treasuries and other private credit knickknacks.
According to the ever-so-reputable Messari, the illustrious Ondo’s USDY has taken the lead, clutching $175.3 million like a Victorian gentleman gripping his top hat during a sudden downpour—capturing nearly 42% of the market. Following closely are the fine establishments of Franklin Templeton and Maple. A recent proclamation from Ondo Finance triumphantly declares it encapsulates 60% of Solana’s non-stablecoin RWA market, as if waving a banner at a particularly dull parade.
RWAs on @Solana are accelerating. In a stunning display of camaraderie, a recent report from @MessariCrypto reveals that Ondo represents 60% of the network’s non-stablecoin RWA market.
What splendid support for what’s next: Ondo’s tokenized stocks, ETFs, and all manner of well-heeled fiscal enchantments.
— Ondo Finance (@OndoFinance) July 14, 2025
With Solana flaunting its high throughput and nearly nonexistent fees, like a dandy in a tailor-made suit, it becomes the romantic choice for RWA protocols. Tokenized delights now encompass yield-bearing treasuries, tokenized equities, tangible properties, and a smattering of collectibles—because who doesn’t want to invest in a digital version of a porcelain cat?
This cavalcade of assets is buoyed by the industrious infrastructure players like R3 and Securitize, paving a lofty path for institutional-grade on-chain finance, much like a well-placed carpet to welcome only the most esteemed guests.
Meanwhile, the stablecoin conjurers at Circle have minted a roguish $1 billion USDC on Solana in the last week alone, adding a delicious splash of liquidity to the DeFi cocktail. Analysts, those ever-hopeful seers, are eyeing massive growth in the ecosystem, all the while ignoring the obvious chaos chasing behind.
SOL Price at Crossroads
Our dear SOL gallantly hit a weekly zenith of $168.3 on Monday before retreating, like a noble steed disheartened by the fates, amidst a slight market correction. At this very moment of writing, the 6th largest cryptocurrency is tiptoeing around the $159.4 mark—a mere trifle, down 4.5% in just a day. What a drama!
The daily SOL chart appears to be in a querulous mood after a descent from the dizzying heights of the upper Bollinger Band, now hovering around $167. The midband (20-day SMA) near $153.35 serves as a rather timid support, one hopes it holds firmly as SOL must gallantly close above the upper band to confirm a bullish jaunt towards $172–$180.
SOL price chart with RSI and Bollinger Bands | Source: Trading View
The RSI is teasing a mild bullish momentum—imagine a cat eyeing a lazy sunbeam—providing ample room for an upward adventure, should the trading volume return with a flourish. However, if the price can’t cling to its paltry support around $153-$155, traders could find themselves gasping at the sight of a drop to $150.
The MACD, that sly indicator, shows the MACD line perched tantalizingly over the signal line but with a narrowing gap that feels suspiciously like a game of musical chairs. A bullish crossover might just send SOL soaring towards $170, while a bearish crossover could quite possibly crash the party, ushering it down to $145–$150.
SOL price chart with RSI and Bollinger Bands | Source: Trading View
Snorter Bot ($SNORT) Presale Gains Momentum
As Solana commands the headlines, whispers of intrigue surround the Snorter Bot ($SNORT), a Telegram-based crypto trading assistant concocted from the whimsical blend of meme coin fervor and practical trading wizardry. Charming, no?
This delightful Snorter Bot assists mere mortals in spotting, sniping, and managing tokens with the kind of ease typically reserved for seasoned traders in corner offices—yes, it operates right in the comfort of Telegram! It’s built atop Solana’s sprightly, low-fee ecosystem, and will, in future endowments, extend its hospitality to Ethereum, BNB Chain, and the other EVM-compatible chums.
$SNORT Utility
The illustrious $SNORT token unfurls a treasure trove of premium features within the bot. With a capricious supply of 500 million tokens, it aims to simplify high-speed DeFi trading for the meme coin revelers. It’s as if a pixie dust has been sprinkled upon the trading world.
Daringly, Snorter, heralded as one of the preeminent presales of 2025, emphasizes simplicity and speed—who needs complexity when one can have fun? One tap creates or imports wallets, while swaps execute at a dizzying speed, all without burdensome settings to distract.
This little bot gallops forth with a Solana-based routing engine offering sub-second execution, a staunch front-running protection—a veritable knight in digital armor—and private mempool simulations lined up like eager attendees waiting for a fine banquet. Retail traders, rejoice! Professional-grade performance is here to ensconce you.
Presale Overview:
- Token Price: $0.0983
- Funds Raised: $1.88 million
- Token Symbol: $SNORT
- Network: Solana
With its effortless interface, negligible fees, and grand multi-chain aspirations, Snorter Bot aspires to ascend as the most user-friendly—and, dare I say, powerful—crypto bot that ever traversed the digital realm.
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2025-07-15 17:32