$SOL Price to Clear Key Level as Solana Fundamentals Shine

Solana's recent price setback may have caused some concern among investors, but beneath the surface, its fundamentals are strengthening. In fact, Solana is still leading in Real-World Assets (RWA) net inflows, attracting nearly $400 million over the past 30 days.

This influx of capital comes despite short-term pressure on the token's price, which has been attributed to the failure of the CLARITY Act. However, this development is separate from Solana's network fundamentals, which are moving on a different track.

One key connection between Solana and traditional financial infrastructure was established recently when U.S. Bank Column made it the default network for stablecoin banking. This partnership adds to the network's growing list of use cases, including industrial robotics.

Doosan Robotics, a leading collaborative robot maker in Korea, has partnered with peaq to bring industrial robots onchain on Solana. The first unit running peaqOS allows financing and revenue generation from idle capacity.

An analyst suggests that $SOL price needs to clear the key level of $105 to confirm a bullish breakout setup, which could open the door towards $130.