Solana Tops RWA Flows With $348 Million In Net Inflows
Solana has taken the lead in real-world asset (RWA) flows, securing $348 million in net inflows over the past 30 days. This is according to data shared by the RWA Foundation, an organization focused on advancing tokenized assets across blockchains.
The RWA market growth on Solana has been impressive, with a 11.13% increase in net RWA flow and a total RWA market value of $4.23 billion. The number of RWA holders on Solana also rose by 17.63% to a total of 398,644.
The growth of RWAs has been one of the defining trends in the crypto industry over the past year, and Solana has benefited from strong adoption of tokenized Treasury products, including Circle's USYC money market fund and BlackRock's BUIDL fund. Ondo Finance has also introduced two major RWA products on the network.
Solana is preparing for a major core upgrade, codenamed Alpenglow, which proposes a new consensus protocol designed to deliver near-instant finality and improved responsiveness.