Solana settled $14.7B of the $46B in tokenized real-world asset volume onchain over the past year (32% of all RWA trading). New data from Allium covering Solana's growth in real world assets over the last twelve months: A tokenized real-world asset is a claim on something that exists offchain, such as a Treasury fund, a private credit fund, a share of Nvidia, or a bar of gold. The asset stays with its custodian. The token records who holds the claim, and it trades at any hour, including all the ones when the underlying market is shut. What the report shows: → Solana executes 47% of all RWA trades. 43 million of the 91 million trades onchain happened on Solana. → Wallet holdings across RWA products grew 5x over the year, and tokenized stocks account for 98% of that increase since April. → Tokenized equities are the largest class at 56% of Solana's RWA volume. 63% of that volume trades while US exchanges are closed, and weekends alone are 17% of it. → Backpack launched its equity venue on June 12 and did $1.5B in two months, 19% of Solana's equity volume for the entire year. Full report from Allium in the comments.
- Solana has become a significant platform for tokenized real-world assets (RWAs), settling 32% of the global on-chain RWA volume ($14.7B out of $46B) in the past year.
- Tokenized equities represent the largest portion of Solana's RWA volume (56%), with a substantial amount of trading occurring outside traditional US market hours.
- The platform has seen a 5x growth in RWA wallet holdings, with tokenized stocks driving most of this increase, and new venues like Backpack contributing significantly to trading volume.
Topics: Asset types, Blockchain usage, Scalability, Equity, Non evm chains, Growth metrics, Market depth liquidity
Tags: #solana #tokenizedrealworldassets #rwavolume #onchaintrading #tokenizedequities #alliumreport #backpack #markethours #privatecredit #treasuryfund