DTCC Will Bring Tokenized Wall Street Assets to Solana in 2027. Could That Send SOL Back to $200?

Published November 12, 2026, 12:37pm ET · 4 min read

The Crypto Desk desk. Editor: Sam Daodu.

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Solana cryptocurrency logo displayed on a futuristic circular platform, featuring three horizontal purple and blue gradient bars inside a translucent coin.
Solana cryptocurrency logo displayed on a futuristic circular platform, featuring three horizontal purple and blue gradient bars inside a translucent coin. © Solana cryptocurrency logo displayed on a futuristic circular platform, featuring three horizontal purple and blue gradient bars inside a translucent coin. (Shutterstock.com) by Jozz Studio

The Depository Trust & Clearing Corporation (DTCC) has announced plans to connect its tokenization service to the Solana (CRYPTO:SOL) blockchain in the second half of 2027. The news has holders asking whether SOL could reach $200 again, a price it last closed at or above on October 26, 2025.

SOL is trading around $81, down 4.9% in the last 24 hours and 24.3% over the past month. Its daily closes slid from approximately $107 on October 21 to about $83 on November 11. So could an upgrade to Wall Street’s settlement process drive SOL back to $200, approximately 147% above its current value?

DTCC Plans to Bring Tokenized Securities to Solana in the Second Half of 2027

Cryptocurrency concept. A macro shot of SOLANA cryptocurrency coin in top of the seven different denominations of euro banknotes €5, €10, €20, €50, €100, €200, and €500. selective focus.

LEE WA DA / Shutterstock.com

DTCC handles post-trade work for Wall Street, overseeing the clearing and settlement where cash and shares change hands after trades. Its subsidiaries processed securities transactions worth $4.7 quadrillion in 2025, and its depository, The Depository Trust Company (DTC), held roughly $114 trillion in securities.

In a post on X, DTCC stated, “DTC-tokenized assets are expected to be available on Solana in the second half of 2027,” which was echoed by Solana’s official account. Tokenization refers to creating a blockchain token that represents an existing security, so eligible securities held at DTCC could become tokens on Solana.

DTCC says these tokens will retain “the same investor protections, ownership rights and regulatory safeguards that apply to traditionally held securities.” Although the DTCC Tokenization Service launched on October 28, the connection to Solana remains a plan, so it won’t generate fees for Solana before the second half of 2027.

SOL Last Closed Above $200 in October 2025, When Its Market Cap Topped $109 Billion

Cryptocurrency trading or exchange concept: Male hand index finger pressing computer key with Solana token logo.

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SOL’s all-time high of $293 was set on January 19, 2025, and the coin trades 72.4% below that peak. Its market cap is around $47.8 billion, making it the seventh-largest cryptocurrency.

SOL closed on October 26, 2025, at $200 with a market cap of approximately $109.9 billion. The highest close of that stretch was $229 on October 8, 2025.

New supply raises the bar. Solana has no maximum supply, and the network keeps issuing new SOL as staking rewards, the payments holders earn for helping secure it. About 591 million SOL circulate now, roughly 42 million more than in October 2025. So for SOL to return to $200, its market cap would need to climb to around $118 billion, up from $109.9 billion then.

Fees are another hurdle. When Securitize (NYSE:SECZ) launched tokenized stocks on Solana, trades settled in USDC, a stablecoin pegged to the dollar, so SOL holders received only tiny network fees. According to Token Terminal, Solana hosts $4.8 billion of tokenized real-world assets, compared to $20.9 billion on Ethereum (CRYPTO:ETH), which still leads the tokenized-asset race.

ETF Outflows and Treasury Buying Show Where SOL Demand Stands

ETF - acronym from wooden blocks with letters, Exchange-traded fund. Financial market concept

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Spot Solana ETFs Keep Posting Outflows

Spot ETFs are funds that hold actual SOL and trade like stocks. U.S. spot Solana ETFs, which had no outflows in May, posted net outflows of $5.9 million on November 11. SoSoValue data shows net outflows every trading day since November 5, and the largest recent single-day outflow hit about $27.7 million on October 29.

As of November 11, these funds still held about $1.21 billion in net assets, with cumulative net inflows of about $1.42 billion. However, that asset base came from earlier buying, and the recent outflows run the wrong way for a rise toward $200.

Treasury Companies Continue Buying SOL

Treasury companies, publicly listed firms that hold a cryptocurrency as a main asset, keep buying SOL. DeFi Development Corp (NASDAQ:DFDV) holds 2,609,829 SOL, worth around $211 million, after nine consecutive weeks of buying, according to its 8-K exhibit. Forward Industries (NASDAQ:FWDI) holds 8.73 million SOL, approximately $706 million, and bought more at $75. Despite these purchases, SOL has continued to slide this month.

Past Tokenization News Coincided With SOL Declines

Tokenization news has often coincided with SOL declines. After the Securitize announcement, SOL dropped to $110 on October 9, down 4% in 24 hours. When Formation Securities revealed a tokenized stock venue on Solana, SOL fell 2.8% to $87. Over the 24 hours that included the DTCC announcement, SOL is down 4.9%.

Solana Price FAQ

Several golden solana cryptocurrencies are arranged in a pile, reflecting off a surface with a geometric pattern in the background.

alfernec / Shutterstock.com

Will Solana Go Back Up?

SOL has rallied before. It climbed from a one-year low of around $62 in June to a 90-day high of about $122 on September 25. A close above its 50-day average of around $105, about 30% higher, could signal the beginning of a new upward trend.

What Will Solana Be Worth in 2030?

Predicting Solana’s value in 2030 is challenging. The price could depend on fee demand from tokenized securities from DTCC and others, as well as the impact of new SOL issuance on existing holders.

Could DTCC’s Solana Plan Send SOL Back to $200?

The chance of DTCC’s plan pushing SOL back to $200 in 2027 looks slim. First, SOL must close above its 50-day moving average near $105, about 30% higher than where it trades now. Next, it needs to break through its 90-day high of approximately $122, roughly 51% higher, and its one-year high of around $153, about 90% higher, while spot ETFs return to consistent inflows.

A daily close above $153, with a week of net ETF inflows, could be the first clear sign of progress. Until then, DTCC’s plan may boost Solana’s reputation on Wall Street, but it looks unlikely to lift SOL to $200. And if DTCC’s timeline slips or SOL drops below its one-year low of about $62 from June 6, approximately 23% lower, the distance to $200 could widen further

Contact [email protected] for any questions or corrections.

Sam Daodu

Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.

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