Solana Surpasses Ethereum in Tokenized U.S. Treasury Bills

Tokenized U.S. Treasury bills have been gaining momentum on various blockchain platforms, with Solana leading the charge in new issuance.

According to recent data, Solana added $378.2 million in tokenized T-bills over the past 30 days, surpassing Ethereum's $272.2 million increase by about $106 million.

This growth is attributed to major issuers such as Superstate and Securitize, which are driving most of the supply and concentrating capital in established firms.

The trend suggests a potential evolution toward a broader multichain market for tokenized assets, with Solana also leading in tokenized equities worth $111 million actively deployed in DeFi.