Solana's Explosive Growth Sets Stage for Potential SOL/ETH Breakout
Solana's recent RWA surge has been impressive, with $5.8 billion in Tokenized Asset Volume in Q2, a 114% increase from the previous quarter and its sixth quarterly ATH.
The majority of this growth comes from tokenized equities, which accounted for 84% of total volume, making Solana a major hub for institutional RWA activity.
But that's not all - Solana dominates tokenized stock trading, accounting for 96% of total volume, with xStocks driving over 80% of the activity.
The expansion of xStocks to bring other global equities on-chain could further strengthen Solana's position in the tokenized asset market.
This growth is not limited to RWA and DEX volume. Solana has generated more revenue than Ethereum for 23 consecutive days, with $382k more revenue than Ethereum, or nearly 3.9x its total.