Solana reclaims $110 as SEC exemption sets tokenized-stock path

  • Solana’s SOL rose 10.75% to $112.28 after breaking the $110 resistance level and reaching a seven-month high.
  • The SEC exemption is scheduled to apply from Sept. 17, 2026, through Sept. 17, 2031, for certain tokenized-stock trading venues.
  • Bitcoin surpassed $80,000, Ethereum reclaimed $2,500, and Galaxy is studying on-chain secondary trading for GLXY.

Solana’s SOL token rose 10.75% to $112.28 after breaking the $110 resistance level, reaching its highest price in seven months amid broader crypto-market gains. Bitcoin surpassed $80,000 and Ethereum reclaimed $2,500. The move drew attention to a U.S. Securities and Exchange Commission (SEC) innovation exemption that creates a path for secondary-market trading of eligible tokenized stocks on public blockchains. The exemption is scheduled to run from Sept. 17, 2026, through Sept. 17, 2031, and covers certain venues using permissioned automated market makers and liquidity pools, with trading limited to verified or authorized participants. Galaxy said it is studying next steps for enabling on-chain secondary trading of GLXY.

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