Solana’s $8.7B RWA surge shows tokenized assets are finally starting to move
- Solana’s RWA volume just doubled to $8.7B, proving tokenized assets are finally moving instead of gathering digital dust. While Ethereum hoards the institutional AUM like a dragon with a spreadsheet, Solana is winning on velocity. Thanks to xStocks from Backed and low fees, retail traders are treating tokenized Tesla and Nvidia shares like candy, bypassing the bureaucratic friction that chokes other chains. BlackRock’s BUIDL and Ondo’s USDY provide the serious anchor, but the real story is the churn. This isn’t just a static ledger; it’s actual usage. If you’re still waiting for permission slips to trade real-world equity, you’re already obsolete. The market rewards speed, not paperwork.