Solana rebounded above $100, with analyst price target of $233.8, and tokenized stocks surged

Solana regains momentum, analysts aim at US$233.8 target

Solana markets regained momentum after regaining key support, sparking optimism among market observers about the potential for a significant price rise. Increased trading activity and a solid tokenized stock ecosystem are driving renewed interest in Solana Networks, further consolidating its bullish technical outlook.

Analysts point out key upside targets

According to cryptocurrency analyst JAVON Marks, Solana (SOL) appears to be entering the early stages of the main market. Marks predicts that if SOL continues to maintain its recovery momentum, the medium-term target may point to $233.8. If momentum continues and this resistance level is breached, Marks envisions a broader rebound towards $456.

Solana's latest uptrend follows a significant recovery from its summer lows. SOL bottomed out at about $58 at the time and consolidated below $82 for most of July. The subsequent breakthrough brought the token price above $107, creating a more constructive bullish structure for the digital asset.

TradingView data shows that after this round of market prices, SOL has moved from a consolidation stage to a new recovery stage. The recent trading price of the token was US$101.64, an intraday increase of 2.38%. For analysts, maintaining price movements in the region is crucial to judging the robustness of the rebound.

Technical signals support continuing the rally

Technical indicators further confirm this emerging strong trend. SOL is currently trading above its 20-day exponential moving average (EMA), which currently stands at approximately $99.75, serving as dynamic support. The Bollinger Band expands as volatility increases; the upper track is at $107.54 and the lower track is at $97.88.

Marks estimates that if the expected target of US$233.8 is achieved, it will increase by more than 120% compared with current price levels. However, he emphasized that this was only a prediction rather than an agreed result, and warned that SOL must remain firmly above resistance until higher goals become realistic. If SOL breaks through $233.8, the argument for further gains towards $456 will be strengthened as long as bullish momentum and favorable liquidity conditions persist.

Marks pointed out that achieving a push above $233.8 will further strengthen the bullish argument, while reaching $456 will require continued accumulation of price and participation across the market. CoinGlass's recent derivatives data highlights the growth in market activity. SOL's 24-hour trading volume surged 71.35% to $5.86 billion, showing substantial participation. At the same time, open interest fell slightly 0.84% to $5.92 billion, indicating that the recent rally has not relied heavily on leveraged positions.

The combination of rising spot trading volume and flat or falling open interest may reflect real buying interest rather than speculative positioning, although traders are still watching to see if both increase simultaneously to confirm continued bullish momentum.

Tokenized stock adoption and ecosystem growth

In addition to technical signals, Solana's tokenized stock ecosystem has also witnessed unprecedented growth. Data shows that the supply of tokenized shares on Solana has reached a record high of $684 million, a 47% increase in the past three weeks. The expansion occurred on multiple platforms, including xStocks, Ondo, Backpack Securities, Sunrise, Superstate and Securitize. As a result, hundreds of tokenized stocks and ETFs are now available online.

The growth of tokenized real-world assets reflects broader shifts in financial markets. While mature markets have long relied on complex brokerage systems, Wall Street is increasingly involved in Web3 infrastructure. Investors are now turning to solutions like 1stepSwap, where they can hold stakes in major U.S. companies, gold and silver directly in their crypto wallets. These platforms tokenize real-world assets and automatically find the best market price in seconds, eliminating the need for intermediaries.

Multiple platforms on the Solana Network, such as xStocks and Securitize, now provide extensive access to hundreds of tokenized stocks and ETFs, marking a rapid expansion in the adoption of real-world assets on the chain.

With these developments, Solana faces a critical technology juncture. Support above $99.75 is seen as key to maintaining the current bullish pattern, while a break through Bollinger band resistance of $107.54 could send a further strong signal. If SOL continues to hit higher highs with strong participation, Marks '$233.8 price forecast will gain credibility and $456 will become the potential next target. However, as momentum and ecosystem growth compete with external headwinds, the network remains sensitive to broader market fluctuations.