{"id":20354,"date":"2026-01-21T21:20:11","date_gmt":"2026-01-21T21:20:11","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-eyes-a-rebound-after-new-circle-and-ondo-finance-product-launches\/"},"modified":"2026-01-21T21:20:19","modified_gmt":"2026-01-21T21:20:19","slug":"solana-price-eyes-a-rebound-after-new-circle-and-ondo-finance-product-launches","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-eyes-a-rebound-after-new-circle-and-ondo-finance-product-launches\/","title":{"rendered":"Solana price eyes a rebound after new Circle and Ondo Finance product launches"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price rose by more than 4% on January 21 as the crypto market staged a cautious recovery after the recent dive.<\/p>\n<div id=\"cn-block-summary-block_db25f05e651555bf41df692472c280cc\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price could be on the verge of a strong rebound after forming a cup-and-handle pattern.<\/li>\n<li>Circle launched its Gateway platform on Solana.<\/li>\n<li>Ondo launched its tokenized stocks and ETF trading platforms on Solana.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana (SOL) token rose to $131, up from this week\u2019s low of $124.90. It remains in a correction after falling by 12.7% from its highest level this month.<\/p>\n<p>Solana\u2019s network continued to grow this week, a trend that may accelerate after developers launch the Alpenglow upgrade later this quarter. Alpenglow aims to boost network throughput to over 100,000 transactions per second by overhauling its architecture.<\/p>\n<p>Circle, the creator of USDC launched the Circle Gateway on Solana. This feature now allows developers to enable chain-abstracted USDC that is instantly when and where it is needed for decentralized finance, payments, and treasury rebalancing.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Circle Gateway is now available on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@solana<\/a>!<\/p>\n<p>Developers can enable chain-abstracted USDC that\u2019s instantly available when and where it\u2019s needed for DeFi, payments, treasury rebalancing, and more.<\/p>\n<p>\u2192 Non-custodial, chain-abstracted <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/USDC?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@USDC<\/a><br \/>\u2192 Frictionless, instant crosschain UX<br \/>\u2192\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/4TywDwciv6\">pic.twitter.com\/4TywDwciv6<\/a><\/p>\n<p>\u2014 Circle (@circle) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/circle\/status\/2013974991424118908?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 21, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Solana has become one of the most popular chains for the USDC stablecoin as it handled transactions worth over $1 trillion last year.<\/p>\n<p>Meanwhile, Ondo Finance, one of the biggest players in the tokenization industry, launched Ondo Global Markets on Solana. Launched in September last year, the product has become one of the fastest-growing platforms for tokenized stocks trading.\u00a0<\/p>\n<p>Data compiled by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/ondo-global-markets\" target=\"_blank\" rel=\"nofollow\">DeFi Llama shows<\/a> that the network has a total value locked of over $521 million, up from zero in September. It has already activated over 200 tokenized stocks and exchange-traded funds. Data compiled by TokenTerminal shows that Solana holds over $1.5 billion in tokenized stocks.<\/p>\n<p>Solana has become one of the most important network in the crypto industry. Data compiled by Nansen shows that the network handled over $1.9 billion in transactions in the last 30 days, while the number of active addresses jumped by 25% to over 75 million.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Solana price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">SOL price chart | Source: crypto.news\u00a0<\/figcaption><\/figure>\n<p>The 12-hour chart shows that the SOL token price has pulled back over the past few days, moving from a high of $150 to its current price of $131.<\/p>\n<p>This retreat is a sign that the coin is forming the handle section of the cup-and-handle pattern, a common bullish continuation sign in technical analysis.<\/p>\n<p>Therefore, the most likely scenario is where the stock token rebounds and hits the key resistance level at $150. A move above that level will point to more gains, potentially to the 50% retracement level at $185.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana price rose by more than 4% on January 21 as the crypto market staged a cautious recovery after the recent dive. Summary Solana price could be on the verge&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20354"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20354\/revisions"}],"predecessor-version":[{"id":20355,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20354\/revisions\/20355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4210"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}