Meet the Top 101 in Crypto
News
5 min read

Solana (SOL) Price Eyes More Upside After Securitize NYSE Listing and Governance Upgrade

Published 04 July 2026
Giuseppe Ciccomascolo
Authors

Key Takeaways

  • Solana has climbed nearly 19% over the past week, supported by improving technical indicators, bullish derivatives positioning, and institutional interest.
  • Securitize launched $295 million in issuer-sponsored tokenized SECZ shares on Solana and Avalanche alongside its NYSE listing.
  • The Solana Foundation introduced stake-weighted governance, allowing validators to submit and vote on protocol proposals while giving delegators override rights.

Solana (SOL) extended its recovery this week, outperforming much of the broader cryptocurrency market as a series of ecosystem developments strengthened investor confidence.

The token has gained roughly 19% over the past seven days, supported by institutional adoption, improving derivatives sentiment, and new governance features designed to give validators a greater role in the network’s future.

The rally coincides with a landmark moment for tokenization. Digital asset firm Securitize debuted on the New York Stock Exchange under the ticker SECZ while simultaneously issuing tokenized versions of its common stock on the Solana and Avalanche blockchains.

The move marks one of the clearest examples yet of traditional capital markets merging with blockchain infrastructure.

At the same time, the Solana Foundation activated a new stake-weighted governance system, allowing validators to vote directly on protocol proposals. Together, the developments have strengthened the investment case for SOL as analysts point to improving technical indicators and renewed institutional demand.

New Trending Crypto Wallet Offers
Sponsored
Disclosure
Opened in 2018
Promotions
Trusted, Secure & Crypto Friendly
Coins
Bitcoin Ethereum Tether Wrapped BNB USD Coin +87
Opened in 2017
Promotions
Receive Up to $10 in BTC when you buy and activate a Tangem Wallet.
Coins
Bitcoin Ethereum Tether Wrapped BNB Solana +68
Show More

Securitize Brings Tokenized NYSE Shares to Solana

Securitize made history on July 2 by becoming the first newly listed public company to tokenize its own shares on the same day they began trading on the New York Stock Exchange.

After completing its merger with Cantor Equity Partners II, the company started trading under the ticker SECZ while simultaneously launching tokenized versions of its Class A common stock on both Solana and Avalanche.

Unlike synthetic stock tokens offered by third-party platforms, the tokenized SECZ shares represent the same issuer-sponsored equity traded on the NYSE. Eligible US investors can access the digital shares through Securitize’s regulated platform after completing identity verification and compliance checks.

According to RWA.xyz, approximately $295 million worth of tokenized SECZ shares were issued at launch, making it one of the largest issuer-sponsored tokenized equity offerings to date.

The milestone further strengthens Solana’s position within the rapidly expanding real-world asset (RWA) sector.

The tokenized RWA market now exceeds $43 billion, with analysts expecting significant growth over the remainder of the decade. Citigroup recently projected the market could expand to between $5.5 trillion and $8.2 trillion by 2030.

Securitize CEO Carlos Domingo described the listing as validation that public equities are moving on-chain, arguing that issuer-sponsored tokenization offers regulatory clarity while preserving direct ownership of traditional securities.

Solana Introduces Stake-Weighted Governance

Alongside the institutional milestone, the Solana Foundation rolled out a major governance upgrade on July 1.

The newly activated Solana Governance Proposals framework gives validators holding at least 100,000 staked SOL the ability to formally submit governance proposals and participate in stake-weighted voting on protocol decisions.

The system separates high-level strategic questions from the technical upgrades developers continue to manage, creating a clearer governance structure for the network.

Importantly, individual delegators retain the ability to override their validator’s vote, introducing an additional layer of decentralization while maintaining efficient decision-making.

The governance upgrade reflects Solana‘s broader effort to strengthen both institutional adoption and community participation simultaneously.

While tokenized securities attract asset managers and financial institutions, the new governance model aims to increase transparency and accountability among validators responsible for securing the network.

Whether these initiatives translate into greater on-chain activity will largely depend on adoption over the coming months, particularly the trading volume generated by tokenized SECZ shares.

Bullish Technical Signals Support SOL Recovery

Beyond the ecosystem developments, market indicators also suggest improving sentiment toward Solana.

SOL currently trades above its 50-day exponential moving average, indicating buyers have regained short-term control after weeks of market weakness. Although the token remains below its 100-day and 200-day EMAs, momentum indicators continue to improve.

The Relative Strength Index has climbed to around 60, signaling healthy buying pressure without entering overbought territory, while the Moving Average Convergence Divergence (MACD) remains in positive territory.

SOL technical analysis
SOL technical analysis. | Credit: TradingView

Derivatives markets tell a similar story. CoinGlass data shows the long-to-short ratio has climbed to 1.11, the highest reading in more than a month, indicating traders increasingly expect higher prices.

Funding rates have also turned positive, suggesting long-position holders are willing to pay a premium to maintain bullish exposure.

Institutional demand has also started to recover. Spot Solana ETFs recorded approximately $521,000 in net inflows during the latest trading session, bringing cumulative weekly inflows to roughly $3.55 million.

Although modest compared with Bitcoin or Ethereum ETFs, the inflows indicate that traditional investors continue adding exposure despite broader market uncertainty.

From a technical perspective, SOL faces immediate resistance near $79-$82, followed by stronger barriers around $90 and the 200-day EMA near $97.

On the downside, support remains clustered between $75 and $77, where buyers have repeatedly stepped in during recent pullbacks.

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Giuseppe Ciccomascolo

Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors.

Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.

Related

Survey Icon
Help us improve
1 of 4
Is this your first time here?
What brought you here today?
What are you most interested in?
Would you be interested in:
Thank you icon
Thank you for your feedback!
DMCA.com Protection Status