$348M in Net Flows: Solana Surpasses Other Networks in Tokenized Real-World Assets
Solana has experienced significant growth in tokenized real-world assets (RWA) over the past thirty days, capturing $348 million in net flows. This puts Solana at the top of the RWA flow rankings, surpassing other networks during this period. The value of RWAs distributed on Solana now stands at $4.23 billion, driven by increased holders and transfers.
U.S. Treasury bonds and tokenized stocks are among the main drivers of this growth, with U.S. public securities increasing in value by 16.1% in one month to nearly $1.2 billion on the blockchain as of August 23. Tokenized stocks represent another important driver, with products like xStocks enabling trading on Solana of digital representations of U.S. stocks and ETFs.
While Solana dominates recent RWA flows, Ethereum still maintains a clear lead on total RWA value, holding nearly $17.2 billion in RWAs at the end of August. The continuity of this trend will depend on maintaining flows, expanding the number of holders, and effective use of assets in transactions, credit, or payments.