Solana Dominates RWA Flows, Surpasses $4 Billion in Value

Solana has dominated RWA flows in the past month, pulling in $348 million in net inflows. This is according to data from Bitget, which shows that Solana led the 30-day change among major networks on the RWA League table. The blockchain recorded a 30-day increase of 11.13%, while Ethereum rose by 0.77% and Stellar increased by 5.22%. In contrast, XRP Ledger and Avalanche declined by 5.51% and 14.06%, respectively.

The Solana RWA value has crossed $4 billion, currently standing at $4.23 billion, with RWA holders increasing by 17.63% in the last 30 days to 398,644. This growth is part of a broader trend in the industry, as RWAs continue to gain momentum. The Solana blockchain hosts tokenized Treasury products, including Circle's USYC tokenized money market fund and BlackRock's BUIDL.

Solana is also planning its most ambitious core upgrade yet, dubbed Alpenglow. This upgrade proposes replacing Proof of History and Tower BFT with a redesigned consensus protocol for near-instant finality and responsiveness.