Oh, Solana is at it again, folks! With its meteoric growth in the Real-World Asset (RWA) market, it’s now lounging in fourth place with a cool 3.9% market share. Not bad for a blockchain that was once just the ‘fast one.’ But don’t get too comfortable, Solana — Ethereum (58.4%) is still the big dog, followed by ZKsync Era (17.2%) and Aptos (4%).
Messari, in their infinite wisdom, credits Solana’s surge to its speed, low fees, and developer-friendly environment. In other words, it’s like that friend who insists they’re ‘just helping’ but somehow ends up taking the credit. Solana is now the proud host of an eclectic mix of tokenized assets, from U.S. Treasuries to institutional funds. You name it, Solana’s got it.
Leading the charge? Oh, it’s Ondo’s U.S. Dollar Yield Fund and ONe’s institutional fund. Together, they represent a whopping $277 million of Solana’s RWA value. Ondo alone has made waves with a $2.7 million 24-hour trading volume. Talk about a nice little cash cow for the Solana network. 🐄💸
While Ethereum is still the heavyweight champ, raking in a cozy $15.9 million in 30-day revenue (Solana, poor thing, only made $3.9 million), newer chains are closing the gap. In the past month, Aptos has seen a jaw-dropping 52.7% growth in its RWA value, while Solana followed with a respectable 14.6%. Meanwhile, Ethereum could barely manage a 3.6% rise. Seems like the tortoise might just be catching up to the hare.
The total RWA market is now a staggering $25 billion, and tokenization is becoming all the rage among institutions. They’re after faster settlements and global access, proving once again that when institutions talk about speed, they mean it — and they certainly don’t mean dial-up internet.
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2025-07-15 10:15