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Solana price drops to $172 even as RWA integration accelerates DeFi evolution

  • Solana's native token, SOL, has dropped to $172.67, down 1.26% in the last 24 hours and 3.58% over the past week.
  • Real-world asset (RWA) integration in decentralized finance (DeFi) on Solana is gaining momentum, enabling tokenized treasuries and synthetic ETFs.
  • RedStone has launched support for Solana, delivering price feeds and financial data through an on-demand model, enhancing DeFi products with real-world inputs.
  • Price support for SOL at $168 with resistance at $178.50; traders cautious amid market pressure, while long-term appeal grows with ecosystem developments.

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