Figure Technology submits application for a second IPO to introduce native equity issuance on Solana.

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 12 2025

RED-0.651%

SOL+1.834%

DEFI+9.84%

Should l Buy RED?

Figure Technology's Public Offering: Figure Technology has filed for a second public offering to issue native equity directly on the Solana blockchain, aiming to enhance decentralized finance (DeFi) applications.
Decentralized Trading System: The blockchain-native equity will not be traded on traditional exchanges but through Figure's alternative trading system, which functions as a decentralized exchange.
Broader Goals for Tokenization: The company plans to support native equity issuance for other firms within the Solana ecosystem, expanding beyond its own shares.
Solana's Growing Role in Tokenization: Solana is emerging as a key player in the tokenized asset market, with advantages in speed and transaction finality, positioning it as a preferred network for stablecoins and tokenized assets.

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Technical Analysis for RED

Technical Sentiment Analysis for RedStone (RED). As of , RedStone (RED) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RED stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, RED is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

RedStone (RED) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0906	0.103	0.115	0.128	0.14	0.152	0.165
Fibonacci	0.103	0.113	0.118	0.128	0.137	0.143	0.152

About RED

RedStone Is The Fastest Growing oracle, specialising in yield-bearing collateral for lending markets and securing $10bn+ . Blue chip DeFi protocols are our clients including Spark, Morpho, Compound, Pendle, Venus, Lido, EtherFi, Ethena, Puffer, Balancer, Lombard, Enzyme, Frax, Agora, M^0 and 80+ other Clients. RedStone provides a wide variety of in-demand assets such as LSTs, LRTs, Bitcoin LSTs and many others.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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