Solana Falls Toward $50 as Price Weakens; Ecosystem Expands with New USDC Liquidity and RWA Pools

Solana’s native token SOL has plunged over 38% in the past month, hitting a two-year low of $67 and trading beneath critical support around $80. Technical patterns (head-and-shoulders on monthly/biweekly charts) and low volumes raise the risk of a further drop toward $50 or even $45 if key resistances hold. Short-term sellers have realized losses while long-term holders accumulated about 1.97 million SOL. On-chain liquidity received a notable boost when Circle minted $250 million USDC on Solana on Feb. 9, improving DeFi trading and lending capacity. Infrastructure gains include GetBlock ranking as the fastest Solana RPC provider in Asia and a new liquidity pool for tokenized real-world assets (RWA) launched by Uniform Labs and Metalayer Ventures; Solana’s RWA ecosystem is now reported at $1 billion, the third largest after Ethereum. Institutional views remain mixed: some executives argue Ethereum’s dominance still favors it for large participants, while Solana leadership proposes revised tokenomics with larger initial allocations and one-year lockups to promote long-term alignment. Short-term analysts warn SOL could test $50–$60 in 4–6 weeks if $80 fails to hold; a sustained hold above $72 combined with USDC-driven liquidity may push recovery toward $95–$102. Suggested trader strategies include accumulation in the $60–$67 band and profit-taking above $95, but risks of a deeper slide to $30 persist in a prolonged bear market.