Allfunds and Solana Foundation Launch Tokenized Fund RFP
Solana (SOL)
Editor:
Eugene Serbin
cvj.ai reports that Allfunds Blockchain and the Solana Foundation have opened a request-for-proposals process under Project Harmonia. The initiative invites tokenized-fund issuers to seek access to Allfunds’ institutional distribution network via Solana. Applications must be submitted by October 24, 2026, with the first admitted funds targeting a launch in the first quarter of 2027.
This timeline positions the current phase as an issuer-selection process rather than a live distribution rollout. The initiative aims to bridge traditional fund distribution with public blockchain markets using Allfunds’ network of over 3,300 asset managers. These institutions manage approximately €1.9 trillion in assets under administration as of June 30, 2026.
The RFP targets tokenized fund products specifically, ensuring only qualifying issuers can bridge the on-chain environment with Allfunds’ network. ioBuilders’ Asseto platform supports implementation by linking Allfunds Blockchain with on-chain environments. Particula provides independent digital-asset risk assessments for applicants to add a review element to the admission process. This collaboration highlights a growing trend of institutional engagement with tokenized assets.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 18 September 2026. Not the outlet's figures.
Solana is trading at $101.64 with a 24-hour buy ratio of 51.2%, indicating a slight edge for buyers over the full day. Short-term momentum shows stronger buying pressure, with the 1-hour buy ratio at 50.8% and the 4-hour ratio at 51.9%. Volume delta confirms this accumulation, showing a net inflow of +$314,963 in the last hour and +$6,017,530 over four hours. The cumulative volume delta for the 24-hour close stands at +$21,053,791, reflecting sustained buying interest. Net buying occurred for 16 out of 24 hours, suggesting consistent demand throughout the trading session. Spot volume reached $215,044,777 with 623,573 trades, evidencing active market participation.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.8%, making today’s 24-hour reading of 51.2% an unusual day with +2.4 points of excess buying pressure. Volume relative to the weekly average sat at 0.99x, indicating trading activity remained near typical levels despite the price shift. The coin saw a price change of +3.0% over the eight-day period, with a total volume delta of -$27,544,142. Net buying was recorded on only 3 of the 7 days, contrasting with today’s 16 hours of net buying. This suggests a recent shift toward accumulation after a week of mixed directional flow.