Solana Poised to Surpass XRP in Valuation by 2030
Solana (SOL), currently ranked seventh by market capitalization at roughly $50 billion, could eventually overtake XRP (XRP) in valuation as both networks compete to dominate the tokenization of real-world assets. According to a recent report from The Motley Fool analyst Alex Carchidi, Solana's speed and low transaction costs make it well-positioned for high-volume asset movement.
The platform already hosts around $272 million in tokenized stocks, a figure that rose 14% in the 30 days ending Mar. 5. This is part of a broader opportunity where projections estimate the total market for tokenized stocks could grow from roughly $1 billion today to more than $38 billion by 2035.
Solana's ambition is to serve as a round-the-clock hub for trading equities, ETFs, and institutional funds at minimal cost. Carchidi contends that Solana wouldn't need to capture the entire market to gain ground, its valuation is close enough to XRP's that even a modest shift in market share could tip the balance.