Solana’s Strategic Leap: Bhutan’s Gold-Backed TER Token Ushers in a New Era of Sovereign Digital Assets

In a landmark development for both the blockchain ecosystem and sovereign monetary innovation, the Kingdom of Bhutan has officially launched TER, a gold-backed digital token, on the solana network. This initiative, spearheaded by the Gelephu Mindfulness City Special Administrative Region, represents a sophisticated fusion of traditional asset stability with cutting-edge blockchain technology. The decision to build on Solana is a significant endorsement of the network's technical prowess, particularly its high throughput and scalability, which are deemed essential for a state-backed digital asset aiming for widespread utility and adoption. The launch of TER is not an isolated experiment but a clear signal of Bhutan's accelerating and strategic embrace of blockchain infrastructure. The Himalayan kingdom is progressively integrating digital innovation into its national economic framework, viewing technologies like blockchain as tools for future-proofing its financial systems. By backing the digital token with physical gold reserves, Bhutan provides TER with intrinsic stability and trust—a crucial factor for user adoption and long-term viability. This model mitigates the extreme volatility often associated with cryptocurrencies, offering a digital store of value that is both modern and grounded in a timeless asset. This move positions Bhutan at the forefront of a growing trend among nations exploring Central Bank Digital Currencies (CBDCs) and sovereign digital assets. However, TER's specific gold-backed model on a public blockchain like Solana presents a unique hybrid approach. It leverages the decentralization, security, and programmability of a leading Layer-1 network while tethering its value to a globally recognized reserve asset. For the Solana ecosystem, this is a substantial validation of its capacity to handle serious, large-scale financial instruments beyond the realm of speculative tokens and decentralized applications. It demonstrates Solana's suitability for institutional and governmental use cases that demand reliability, speed, and low transaction costs. Looking forward, the success of TER could serve as a powerful blueprint for other nations, especially those with significant natural resource reserves or those seeking monetary autonomy. It opens discussions on how blockchain technology can be harnessed for national treasury management, cross-border trade, and financial inclusion. The launch underscores a broader narrative in the crypto space: the convergence of traditional finance (TradFi) assets with decentralized finance (DeFi) infrastructure. As of December 2025, this project stands as a testament to the maturing crypto landscape, where real-world assets (RWAs) like gold are seamlessly tokenized on high-performance networks, creating new bridges between the physical and digital economies and setting a precedent for the future of state-sponsored digital finance.

Bhutan Launches Gold-Backed Digital Token ‘TER’ on Solana Network

Bhutan's Gelephu Mindfulness City Special Administrative Region has unveiled TER, a gold-backed digital asset built on Solana. The MOVE signals the Himalayan kingdom's accelerating embrace of blockchain infrastructure for monetary innovation.

The token's physical Gold reserves provide intrinsic stability while leveraging Solana's high-throughput capabilities—a strategic pairing for a nation progressively integrating digital assets into its financial ecosystem.

Solana Struggles to Break Key Resistance as Market Momentum Wanes

Solana's price remains confined within a tightening range, with bulls defending support levels but unable to overcome persistent resistance. Repeated attempts to stabilize have been thwarted by overhead supply zones and fading momentum, leaving SOL capped throughout December. Liquidity fatigue, reduced risk appetite, and heavy sell pressure NEAR previous breakdown areas have collectively stifled upward movement.

The current setup reflects a market in neutral—bulls lack the strength to push prices higher, while sellers aggressively defend rallies near mid-channel zones. With volatility compressing and volume drying up, Solana's next decisive move hinges on whether buyers can finally breach the stubborn resistance bands that have repeatedly halted progress. The $142–$145 range remains a critical barrier, while support holds near $126.

Solana Holds Critical Support Amid Market Volatility as Remittix Gains Traction

Solana's price action dominates trader attention as crypto markets enter a volatile phase. The asset currently trades at $137.21, up 3.32%, while defending a crucial technical zone between $120-$140 that historically precedes rallies.

Meanwhile, payment-focused project Remittix emerges as a standout, securing $28 million in private funding with real-world products already operational. Its rapid ascent reflects growing investor appetite for utility-driven blockchain solutions.

Market analysts note Solana's ability to hold this support could set the stage for a retest of $150, a psychological level that frequently shifts momentum. On-chain data shows renewed exchange activity, suggesting accumulation at current levels.

Ondo, State Street, and Galaxy Unveil Tokenized Liquidity Fund on Solana

Ondo Finance, State Street Investment Management, and Galaxy Asset Management announced plans to launch SWEEP, a private tokenized liquidity fund set to debut on Solana in early 2026. The fund aims to bring traditional cash-management strategies on-chain, with Ondo's flagship product, OUSG, serving as the anchor investor to expand reserves and enhance 24/7 liquidity.

The move follows a significant regulatory milestone: the U.S. SEC closed its two-year investigation into ONDO Finance without charges, clearing the path for accelerated tokenization initiatives in the U.S. This aligns with the SEC's shifting stance toward real-world asset (RWA) tokenization.

SWEEP's introduction marks a pivotal step in bridging traditional finance with blockchain technology, offering investors new avenues for liquidity and diversification.

Coinbase Integrates Solana DEX, Expanding Access to 100M Users

Coinbase has unveiled direct trading access to Solana-based decentralized exchange (DEX) assets, marking a strategic expansion for both platforms. The integration allows the exchange's 100 million users to trade Solana-native tokens without intermediaries, announced during Solana's Breakpoint conference.

The partnership signals growing institutional recognition of Solana's high-speed blockchain infrastructure. Solana's official X account confirmed the collaboration, framing it as a milestone for decentralized finance accessibility through regulated platforms.