Solana Surpasses Ethereum in Tokenized Treasury Growth

Solana has taken the lead in adding new treasury value to its users' accounts, surpassing Ethereum by $106 million in tokenized U.S. T-bills over the last thirty days.

The latest expansion in tokenized treasuries shows that new issuance is spreading across major blockchain ecosystems, with Solana adding $378.2 million and Ethereum increasing by $272.2 million.

This growth is supported by fresh issuance from several major tokenized treasury providers, including Superstate, Securitize, Franklin Templeton, OpenEden, and J.P. Morgan.

Solana leads the way in deployed value of tokenized stocks, with around $71.6 million in use across DeFi markets, followed by Ethereum at $15 million and BNB Chain at $13.9 million.