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Solana Price Prediction: Moody’s Goes On-Chain & SpaceX Does $100M as SOL Eyes $78

Solana Price Prediction: Moody’s Goes On-Chain & SpaceX Does $100M as SOL Eyes $78

CoinEditionCoinEdition2026/06/18 12:03
By:CoinEdition

Solana trades at $71.63 on June 18, holding the 0.5 Fibonacci level at $71.62 as two of the most significant institutional developments in the network’s history landed on the same day. Moody’s brought its credit rating infrastructure on-chain and SpaceX tokenized trading hit $100M in volume in a single session.

Solana Price Prediction: Moody’s Goes On-Chain & SpaceX Does $100M as SOL Eyes $78 image 0

The daily chart shows SOL recovering from the June low near $60 into a dense Fibonacci cluster. Price sits at the 0.5 retracement at $71.62 with the 0.618 level at $74.33 as the next target. All four EMAs remain overhead in bearish order: 20 at $72.20, 50 at $77.59, 100 at $84.55, and 200 at $100.71.

CMF at -0.11 confirms capital is still leaving. A cross above zero signals genuine accumulation has started. The descending trendline from the May peak keeps capping every recovery and price needs a close above $74.33 to start breaking it.

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Solana has now printed nine consecutive red monthly candles. During the FTX collapse in 2022 that streak never exceeded two months without a recovery candle. Monthly RSI sits below FTX-era lows, a reading that has historically preceded sharp reversals.

Key Levels for SOL

  • Resistance: $72.20 (20 EMA), $74.33 (0.618 Fib), $78.20 (0.786 Fib)
  • Support: $68.90 (0.382 Fib), $65.54 (0.236 Fib), $60.10 (cycle low)

🚨 BIG: Moody’s Ratings has expanded its Token Integration Engine to Solana, enabling credit ratings to be integrated and machine-readable on a public blockchain for the first time.

— Cointelegraph (@Cointelegraph) June 17, 2026

Moody’s expanded its Token Integration Engine to Solana on June 18, making credit ratings machine-readable and embedded directly within tokenized assets on a public blockchain for the first time. The deployment follows a proof of concept on Solana’s testnet in June 2025 and a prior live deployment on the Canton Network in March 2026.

The practical impact is straightforward. Pension funds, insurers, and asset managers are mandated to hold only rated investment-grade debt. A tokenized bond without a recognized rating cannot be touched by that capital at scale. Embedding a Moody’s rating directly into the asset removes one of the last practical barriers to serious institutional money moving on-chain through Solana.

The tokenized real-world asset market sits at roughly $32B in 2026. McKinsey projects $2 trillion by 2030. Solana’s share has grown to around $2B with BlackRock and Franklin Templeton already issuing tokenized products on the network.

Tokenized SpaceX stock on Solana surpassed $100M in 24-hour on-chain trading volume, exceeding the total volume of all tokenized equities combined during August and September 2025. Jupiter launched a SpaceX rewards campaign and Frontier Traders runs a SpaceX leaderboard with the top 100 traders receiving rewards funded by the activity.

More IPOs are coming. Anthropic, OpenAI, Stripe, Revolut, and Bytedance are all expected to list later this year, each carrying the same potential to drive tokenized volume through Solana. Two governance proposals currently circulating, SIMD-0550 and a companion proposal, would reduce emissions and bring the burn rate back to Q4 2024 levels if either passes.

Related: Cardano Price Prediction: Fed Kills Forward Guidance & ADA Faces a 60-Day Window That Decides Everything

Solana recorded 69,000 active AI agents on-chain alongside its regular user activity. Returning users are outpacing new user growth, confirming the chain is retaining participants rather than cycling them through.

Solana Price Prediction: Moody’s Goes On-Chain & SpaceX Does $100M as SOL Eyes $78 image 1

Volume rose 31.58% to $9.71B while open interest fell 4.44% to $4.97B. Rising volume with falling OI points to position closures accelerating rather than new directional bets being placed. Options volume jumped 46.69% to $20.34M with options OI up 4.61% to $105.43M, pointing to traders buying defined-risk positions rather than leveraged spot exposure.

Over 24 hours, $14.20M in long positions were liquidated against just $3.63M in shorts. Longs absorbed nearly four times more pain, consistent with the broader market pattern where leveraged bulls continue to get cleared out in the current range.

  • Upside: A daily close above the 20 EMA at $72.20 and the 0.618 Fibonacci at $74.33 targets $78.20. The Moody’s deployment and continued SpaceX trading volume give Solana a fundamental narrative that no other L1 currently matches.
  • Downside: A rejection at $72.20 and close below $68.90 puts the 0.382 Fibonacci in play. CMF remaining negative through the week would confirm the bounce lacks real accumulation behind it and reopens the path toward $65.54.

Related: o1.exchange (O) Price Prediction: O Token Jumps 112% as Open Interest Tops $4 Million

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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