$SOL update

* Current Price: $88.05 (approx. 24,201 PKR), showing a recovery move of +0.55% to +1.59% in the last few hours.

* Context: Despite today's bounce, $SOL L has faced a brutal start to 2026, down roughly 31% year-to-date amid "extreme fear" sentiment. It is currently defending a critical support level around $86–$87.

* Institutional Confidence: While global crypto funds saw $173 million in net outflows last week, Solana-linked funds bucked the trend, attracting $31 million in fresh capital.

Key Headlines

* RWA Record High: The Solana Real-World Asset (RWA) ecosystem hit a major milestone on February 15, surpassing $1.8 billion in total value. Major financial players like Citigroup and Apollo Global are increasingly using the chain for institutional tokenization.

* Revenue King: Solana ranked #1 in blockchain revenue for January 2026, generating $245 million—substantially outperforming Ethereum's $89 million during the same period. This is driven by high-speed DEX activity and a persistent memecoin surge.

* The "Alpenglow" Upgrade: Developers are finalizing the Alpenglow consensus protocol. This upgrade is expected to slash transaction finalization times to just 100–150 milliseconds, while the full release of the Firedancer validator client aims for a theoretical 1 million TPS.

* Solana Mobile "SKR" Token: Momentum is building for the January 2026 launch of SKR, a mobile-native token for the Solana Seeker phone (which has already surpassed 150,000 pre-orders).

Technical Outlook

* Support: The $86.00 mark is critical. If SOL fails to hold this, technical patterns (including a head-and-shoulders on the weekly chart) suggest a potential "worst-case" decline toward $47–$50.

* Resistance: Immediate resistance sits at $89.65. A sustained move above $97 is required to signal a true bullish reversal.

* 2026 Forecasts: Analysts remain divided; while short-term risks point downward, long-term projections for 2026 range from an average of $198 to a bullish maximum of $350.

X (Twitter) Post Draft

> $SOL is holding the line. 🦾

> Despite the 2026 "Extreme Fear," Solana funds saw $31M in inflows last week—defying the broader $173M market exit.

> 🏦 RWA Value: $1.8B+ (ATH)

> 💰 Jan Revenue: $245M (#1 in L1s)

> 🏎️ Tech: Alpenglow upgrade targetting 150ms finality.

> Currently defending $87. If we reclaim $97, the "Firedancer" recovery is officially on.

> #Solana #SOL #RWA #Firedancer #CryptoNews

>

Would you like me to look up the specific tokenized products launched by Citigroup or Western Union on Solana this month?