Solana Hits Record Trading Volume Amid RWA Surge, SOL Price Under Pressure

The divergence between record network activity and a pressured token price is the real story here. It suggests that usage and RWA tokenization flows are not translating into demand for SOL itself, which raises questions about how value accrues to the asset as the network's activity mix shifts. For RWA issuers and users, the volume signal is encouraging, but the price weakness hints at broader market concerns that could weigh on sentiment. Whether the activity-to-price gap narrows, or persists as a structural feature, is the open question.