Key Notes
- Tether's XAUT0 launch provides access to $170 billion in unified liquidity across 12 chains during gold's rally to record highs.
- Solana faces downward pressure from a suspected $17.6 million Alameda Research transfer to Coinbase despite RWA momentum.
- Technical indicators show SOL must reclaim $213 support to target $244, or risk falling toward $181 if selling intensifies.
USDT0, a liquidity unification protocol backed by stablecoin issuer Tether, has launched a tokenized gold asset, XAUT0, on the Solana blockchain. The move comes as gold prices hit a new all-time high of $4,200 on Wednesday, driven by rate-cut expectations and rising Real-World Asset (RWA) tokenization adoption.
Solana continues to strengthen its foothold in the RWA sector, climbing to seventh place with a 35.3% surge in tokenized asset value over the last 30 days, now totaling $686.3 million.
Solana RWA Asset Value rises 35.3% in 30-days | Source: RWA.XYZ
Emphasizing the liquidity impact, SolanaFloor, a leading Solana analytics platform, highlighted that the USDT0 listing grants access to more than $170 billion in unified liquidity across over 12 chains.
🚨BREAKING: Tether-backed @USDT0_to launches USDT0 and XAUt0 on @Solana , the new omnichain versions of USDT and Tether Gold, enabling native cross-chain transfers and access to $170B+ in unified liquidity across 12+ chains.
pic.twitter.com/cbG86rwk7o
— SolanaFloor (@SolanaFloor) October 15, 2025
The launch marks another step in Tether’s strategy to diversify beyond stablecoins and bridge traditional asset classes with blockchain infrastructure, having recently announced a $20 billion fundraise target .
Solana Price Remains Pinned Below $190 as Markets Anticipate Alameda Research Sell-Off
Despite bullish sentiment from Tether’s gold tokenization initiative and billions in USDT liquidity flowing into Solana, Solana SOL $196.9 24h volatility: 3.3% Market cap: $107.75 B Vol. 24h: $9.79 B price performance remained muted on Wednesday. According to CoinMarketCap data , SOL traded around $195.8, down 5% daily, with trading volumes falling 31% to $9.9 billion.
Solana (SOL) Price Action, October 15, 2025 | Source: Coinmarketcap
Broader market turbulence weighed on sentiment as Bitcoin BTC $111 222 24h volatility: 1.6% Market cap: $2.21 T Vol. 24h: $72.10 B retreated below $110,300 at press time.
🚨JUST IN: Alameda Research transferred 88,131 $SOL (≈$17.6M) to @coinbase Prime just 2 minutes ago, likely preparing to sell. pic.twitter.com/hk2bsxohOH
— SolanaFloor (@SolanaFloor) October 14, 2025
Adding to the pressure, fears of another major sell-off emerged after blockchain trackers flagged an $88,131 SOL (approximately $17.6 million) transfer to Coinbase from wallets linked to Alameda Research, the trading firm founded by Sam Bankman-Fried.
Historically, FTX and Alameda-linked liquidations have triggered short-term declines in Solana’s price.
Solana Price Forecast: Can Bulls Defend $190 Support and Reclaim the $213 Midline?
Solana price action shows a retracement phase following last week’s sharp recovery from sub-$180 levels. On the daily chart, Solana remains confined within a corrective structure after the late weekend selloff.
Momentum indicators paint a mixed picture. The 14-day RSI currently reads 43.7, down from last week’s 52 peak, suggesting fading short-term bullish strength but not yet oversold conditions. The Parabolic SAR dots remain positioned above price near $230, signaling a continuation of the near-term downtrend until a decisive reversal confirmation occurs.
Solana (SOL) Technical Price Analysis | Source: TradingView
If Solana successfully reclaims and closes above $213 with follow-through toward the Parabolic SAR trigger at $230, bullish traders could eye the upper Bollinger band at $244 as the next upside objective.
However, failure to reclaim the midline, especially on rising sell volume, would leave SOL vulnerable to another leg down toward $181 and potentially $160 if market-wide risk sentiment weakens further.
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