The investment firm projects SOL could reach $900 soon and $2,000 in the medium term as tokenization grows.
Solana’s SOL token could reach $6,000 in the long term, according to a new report from investment firm RockawayX, which says the blockchain is becoming a leading platform for digital finance and tokenized assets.
Solana is currently the second-largest blockchain, with over $13 billion in total value locked (TVL), according to DeFiLlama. Its native token, SOL, is currently priced at $195.70, up 25% over the past year – making it the sixth largest digital asset with a market capitalization of over $107 billion, per CoinGecko.
RockawayX, which manages about $2 billion and was an early investor in Solana, says SOL could hit $900 in the short term (aligning with Ethereum’s ~$0.5 trillion market cap), $2,000 in the mid-term (supported by $2 trillion in tokenized assets or $30–50 billion of protocol revenue), and $6,000 in the long term (fueled by $10–15 trillion in tokenized assets or $100–150 billion in protocol revenue).
At $6,000, SOL’s market capitalization would be somewhere around $3.2 trillion – for context, Bitcoin, the largest digital asset, has a market cap of $2.2 trillion.
The company notes that tokenized assets are already worth more than $300 billion and could grow to $18.9 trillion by 2033. With global assets valued at over $600 trillion, even a small shift on-chain could unlock trillions in new value, fueling Solana’s ecosystem and token growth, according to the firm.
It also highlights how Solana processes over 100 million transactions per day, more than all other blockchains combined. Solana further supports more than $15.5 billion in stablecoins, $4.6 billion in tokenized real estate via Parcl, and 97% of all tokenized equity trading since the June launch of xStocks.
xStocks is a Solana-based platform for tokenized U.S. equities developed by Backed. It recently surpassed $1 billion in on-chain value.
While the firm expects Solana to dominate real-world asset (RWA) tokenization, currently, Ethereum leads by far with a market share of 57.2%, according to RWAxyz data. Meanwhile, Mitrade estimates this figure to be as high as 83.7%.
However, RockawayX argues Solana’s speed, low fees, and scalability give it a clear edge in tokenized finance and what it calls “internet capital markets,” defined as a “borderless, 24/7 financial marketplace for every asset class.”
“In this new paradigm, Solana has emerged as the premier blockchain infrastructure for digital finance,” the report reads. “With unmatched speed at scale, negligible fees, and a unified architecture, Solana delivers the foundation required to realize Internet Capital Markets.”
The report also points to growing use by big companies like Visa, PayPal, Franklin Templeton, Société Générale, Apollo, and BlackRock, all of which are building or offering tokenized products on Solana.
Additionally, Solana offers an average staking yield of about 7%, more than double Ethereum’s 3%, the report notes. About 68% of SOL’s total supply is currently staked – or roughly 372 million tokens worth $74.5 billion.
Source: https://thedefiant.io/news/research-and-opinion/solana-could-hit-6000-as-tokenized-finance-booms
