Solana Surges Past $4 Billion in Risk-Weighted Assets
Solana's Risk-Weighted Assets (RWA) value has surpassed $4 billion, marking a new all-time high for the network. The growth of RWA is primarily driven by the increasing demand for tokenized equities on Solana.
The total supply of tokenized equities on Solana continues to grow, with 97% of all on-chain tokenized equities spot volume settling on Solana as of late July 2026. This reflects Solana's expanding role in the market for tokenized equity distribution and secondary activity.
Notably, Solana non-stablecoin RWA value has doubled from $2.01 billion at the end of Q1 2026 to its current $4 billion. With 347,944 RWA holders according to rwa.xyz data, Solana has become a significant venue for tokenized Treasury products.
Several large global issuers have launched their tokenized Treasury products on Solana, including Circle's USYC and BlackRock's BUIDL. These products offer investors exposure to various asset classes, such as short-term U.S. Treasuries and government bonds.