Solana Surges Above $155 as Superstate Eyes SEC-Approved Equities On Chain
Solana (SOL) is trading 5.66% higher on Thursday to $155.02, continuing its strong monthly momentum with a 40.1% gain over the past 30 days. The latest surge comes as institutional interest and real-world asset tokenization efforts push the network deeper into traditional finance territory.
The catalyst behind Thursday’s rally is a major announcement from Superstate, the blockchain company founded by Compound’s Robert Leshner. The company announced its new platform, “Opening Bell,” which aims to allow SEC-registered public equities to be issued and traded directly on blockchains—with Solana as its first destination.
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Opening Bell is a move forward for decentralized finance (DeFi) and regulatory adoption. Unlike synthetic tokens or offshore trading schemes seen in …