Solana's Wall Street Breakthrough: SOL Price Plunges Despite Major Deal
Solana's price drops to $75 as DTCC announces its tokenization plans for 2027. The latest developments in SOL's price decline and ETF outflows.
The Depository Trust & Clearing Corporation (DTCC), one of the most important financial market infrastructure organizations in the United States, has announced a significant integration plan involving the Solana (SOL) blockchain network. The organization aims to launch a service enabling the tokenization of traditional financial assets on Solana in the second half of 2027. However, the development, which represents a notable step toward institutional adoption, failed to halt the decline in SOL's price. On November 14, 2026, Solana dropped to approximately $75, hitting an intraday low of $74.77.
DTCC Plans to Launch Securities Tokenization on Solana
According to DTCC's official announcement published on November 12, the company's Tokenization Service (DTS) will be connected to the Solana network. Once the integration is completed, eligible stocks, exchange-traded funds, and U.S. Treasury bonds will be able to be represented as digital tokens on the blockchain. The primary objective of the service is to facilitate asset transfers between traditional financial infrastructure and blockchain networks while providing financial institutions with greater flexibility in conducting transactions.
DTCC's tokenization service, which became operational on October 28, 2026, was initially launched on Canton Network and the company's private Besu network. The 34 eligible securities covered by the service represent approximately $30 trillion in assets. However, no decision has been made to transfer $30 trillion to Solana. The figure refers to the value of assets eligible for tokenization. The scope of the Solana integration and its actual transaction volume will become clearer once the service goes live.
DTCC President Frank La Salla stated that the integration would provide market participants with more options for accessing tokenized assets. The organization also emphasized that the securities involved would retain their existing ownership rights, investor protections, and regulatory safeguards. As a result, Solana could establish itself not only as an infrastructure for cryptocurrency transfers but also as one of the networks capable of supporting transactions involving regulated financial assets.
Solana Price Continues to Fall as ETF Outflows Add Pressure
Despite positive developments on the institutional front, selling pressure on Solana continues. According to CoinGlass data, SOL declined by 4.37% on November 13, closing the day at approximately $78.10. On November 14, the price fell as low as $74.77 before trading around the $75 level. Having ended October at approximately $95.35, Solana has lost more than 20% of its value in November.
Outflows from U.S. spot Solana ETFs have also attracted attention amid the ongoing selling pressure. According to figures reported by Coinmico based on SoSoValue data, the funds recorded approximately $3.09 million in net outflows on November 13. Total outflows over the last seven trading sessions reached $32.05 million, while net outflows over the past 30 days amounted to approximately $169.6 million. These figures indicate weakening demand for the funds in recent weeks.
In terms of price movements, the intraday low of $74.77 remains a key level to watch in the short term. A recovery toward the $78–$80 range could be important for a potential rebound, while sustained trading below $75 may increase the risk of continued selling pressure. Meanwhile, the fact that the DTCC integration remains in the planning stage, with implementation scheduled for the second half of 2027, indicates that the institutional development is not guaranteed to translate directly into short-term demand for SOL.
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Disclaimer: This content is for informational purposes only and is not investment advice. Cryptocurrencies are high-risk; make investment decisions based on your own research.
Content Editor and Writer
Dr. Mesut İnan is a researcher, academic and crypto journalist who has been producing content about cryptocurrencies since 2018. He brings a different perspective to the industry by combining his expertise in sociology with the cryptocurrency ecosystem. Before joining Kriptofoni as co-founder, content editor and writer, İnan worked for several cryptocurrency media platforms: he was an editor and writer at Kriptokoin from 2018 to 2023 and at COINTURK from 2023 to 2024. İnan made a valuable contribution to the ecosystem with his book on Bitcoin, "Bitcoin Sen Bizim Her Şeyimizsin" (Bitcoin, You Are Our Everything). Alongside his academic background, his regular analyses, news and commentary have made him one of the well-known names in cryptocurrency journalism in Turkey. İnan continues his work as a writer and educator and remains a prominent expert voice in the cryptocurrency field.
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