Bullish: Tokenizes 151M Shares on Solana
Bullish tokenizes entire 151M share cap table on Solana post-Equiniti acquisition, announced at Consensus 2026 with live Phantom transfer.
SourceAnalysis
Bullish just tokenized its entire cap table by placing 151 million shares onchain via Solana, following the acquisition of Equiniti. CEO Thomas Farley capped the reveal at Consensus 2026 with a live wallet-to-wallet transfer using Phantom, marking a pivotal shift in tokenized assets amid rising Solana adoption and broader crypto market trends like those seen in Bitcoin rallies over the past six months.
On the 4h SOL chart, price action holds firm at $88.78 in a clear bullish structure, hugging the upper Bollinger Band resistance near $88.95 while the golden cross on MACD at 1.11 signals sustained momentum. RSI sits at 69.08, flirting with overbought territory but still neutral enough to avoid immediate exhaustion; expect a potential dip to test confluence support around the EMA50 at $85.20 and EMA200 at $85.10 before pushing higher, especially if lower band support at $82.11 holds as volatility compresses in this SOL price prediction setup mirroring recent crypto market volatility patterns.
Michael Lau
@mikelaujrSVP, Group Head of Business Development @Bullish | Chairman of Consensus Hong Kong