Solana Fundamentals Shine Despite Short-Term Price Pressure

Solana has experienced significant growth in real-world asset (RWA) net inflows, attracting nearly $400 million over the past 30 days. This is despite a recent setback in SOL price following the failure of the CLARITY Act.

The network's infrastructure has also seen improvements, with U.S. Bank Column defaulting to Solana for stablecoin banking and Doosan Robotics partnering with peaq to bring industrial robots onchain on Solana.

A 4-hour bull flag is forming on Solana's chart, with $105 identified as the key level to watch. A sustained close above this level could confirm a bullish breakout setup and open the door towards $130.