Solana Surges to New Heights in RWA Inflows and DEX Volume, Price Targets $83.75
Solana is leading every blockchain in both real-world asset (RWA) inflows and decentralized exchange (DEX) volume, according to data from SolanaFloor and DefiLlama. Over the past 30 days, Solana pulled in $254 million in RWA net inflows, surpassing Stellar's $228 million and leaving Ethereum with a significant outflow of $298 million.
On the DEX front, Solana processed a record-breaking $45.6 billion in volume over the same period, well ahead of BNB Chain's $38 billion. Robinhood Chain, which launched on July 1, debuted at fifth place with $14.1 billion in DEX volume, signaling a major brokerage is actively building tokenized equity and stablecoin infrastructure.
The Solana price is currently trading inside a tightening symmetric triangle, with the apex approaching early September. The bullish case targets $83.75 at the 0.618 Fibonacci level, while the bearish case points to $69.17 at the 0.236 Fibonacci level if the triangle breaks lower instead.