Solana Price Bounces Back Above $100 Amid Tokenized Equity Growth

Solana's price has bounced back above $100 after experiencing a mid-week pullback. The cryptocurrency had been consolidating below this level for months before reclaiming it last week.

According to Token Terminal data, tokenized equity supply on the Solana network reached $685 million, with over $60 million in tokenized equities flowing into lending protocols.

This growth is a major milestone for the Solana network and highlights its increasing adoption by investors. The tokenized funds market cap has also surged past $2 billion, further demonstrating the platform's growing influence.