Solana’s Tokenized Assets Up 140% to $418M, Rank 4th in RWA
Solana’s tokenized assets have surged 140.6% year-to-date, reaching $418 million and capturing 3.9% of the global RWA tokenization market, making it the fourth-largest chain by market share behind Ethereum (58.4%), ZKSync Era (17.2%) and Aptos (4%). Top protocols Ondo’s USD yield fund and ONe’s institutional fund account for $277 million in tokenized real-world assets, while Ondo recorded $2.7 million in 24-hour cross-chain volume. Over the past 30 days, Solana generated $3.9 million in network revenue from RWA activities, compared to Ethereum’s $15.9 million. The broader RWA sector now exceeds $25 billion, growing 62.4% over six months. This growth in Solana tokenized assets is underpinned by the chain’s high throughput, minimal fees and robust developer community, signaling increased institutional adoption and liquidity that could boost SOL demand.
Bullish
Solana’s sharp rise in tokenized assets and the resulting network revenue growth reflect strong institutional interest and deeper liquidity in the RWA market. The outperformance vs. peers and expanding protocol activity—highlighted by Ondo’s cross-chain volume and ONe’s fund inflows—improve Solana’s fundamentals. In the short term, rising demand for tokenized assets may translate into upward price pressure on SOL. Over the long term, Solana’s scalable, low-cost infrastructure and growing developer ecosystem position it to capture continued RWA growth, supporting a sustained bullish outlook.