- Solana aims to let public companies issue stocks on its blockchain, bypassing traditional exchanges directly.
- Analysts expect Solana’s price to approach $200 as bullish patterns and adoption momentum continue rising.
Solana has unveiled a plan to challenge Nasdaq and the New York Stock Exchange with an opening for public firms to issue stock right onto its blockchain. The effort may redefine the method of equities trading, allowing companies an alternative to traditional centralized exchanges. Solana’s creator, Anatoly Yakovenko, along with researcher Max Resnick at Anza, has described how the network would make things fair and fast.
Yakovenko and Resnick suggested employing several concurrent leaders in the set of systems that validate transactions. This would stop any leader from holding back orders, which otherwise would hamper trading or provide an unbalanced advantage. It would also enhance the manner in which orders are queued. Paradigm partner Dan Robinson complimented the idea, terming the method “impressive.”
In addition, Superstate has rolled out its ‘Opening Bell’ platform, which enables firms to issue and trade tokenized shares natively for Solana and Ethereum. Robinhood, in the meantime, is reportedly investigating how investors in the EU can trade US stocks via Solana or Ethereum’s Arbitrum network.
SEC Signals Support for Blockchain-Based Securities
Backing from the regulatory side has further brightened prospects for the plan. U.S. SEC Commissioner Hester Pierce commented:
I’m thinking about a potential exemption from registration that would allow firms to use DLT to issue, trade, and settle securities.
Such an approach would make it simpler for businesses to implement stock issuance via blockchain, especially outside the US.
The performance of Solana’s network already stood out. The platform kept outpacing Ethereum in terms of both network adoption and revenues in April. This growth was highlighted as an area of optimism regarding Solana’s price trend by Tracy Jin, COO of exchange MEXC.
“Solana’s total DEX volume has collectively exceeded $800 billion in 2025, highlighting the network’s rapid adoption and robust on-chain liquidity,” said Tracy Jin.
Solana Bulls Eye $200
Moving forward, Tracy Jin emphasized that the bulls are waiting for a break above $153. If the $153 level becomes support, in her view, the price can target $180, with $200 attainable with further impetus. She remarked that $180 is an important technical hurdle since it is around the 200-day moving average.
Crypto analyst Ali Martinez also opined, indicating that there is a bull cup and handle pattern building since the end of 2021 in the chart of Solana. Martinez indicated that an unblemished break above $200 is likely to open the door to a robust rally in the coming months.
Analysts remain bullish on the price movements. SOL recently rose to above $170 after Bitcoin also broke past $100,000. Solana’s market capitalization rose to $90 billion recently due to the recently seen surge in Solana, with the surge of 45% in the past month.
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