Solana’s RWA Market Explodes 600% in a Year as Ethereum Struggles to Keep Up

Solana is rapidly closing the RWA gap with Ethereum as its tokenised market share grows from 4.5% to 26% in one year. Solana’s on-chain economy is growing beyond meme coins. In fact, a new report suggests that real-world assets (RWAs) are emerging as one of its fastest-growing sectors. Castle Labs found that Solana’s tokenized RWA market grew by more than 600% over the past year as it rose from $700 million to $4.3 billion. That puts it well ahead of Ethereum, where the tokenized market grew just 7% over the same period, from $15.5 billion to $16.6 billion. For context, Solana’s RWA market was only 4.5% of Ethereum’s size a year ago. It now stands at 26%. Solana’s Onchain Economy The growth comes as Solana builds out its DeFi ecosystem and attracts more assets beyond speculative trading. The network now offers access to US Treasury debt, asset-backed credit, tokenized stocks, commodities, and curated investment strategies. Tokenized stocks, for one, have been a major part of this expansion. Their market value on Solana jumped from $63 million to $455 million. The report said more than $65 million in tokenized equities on the chain are being used to earn yield. Much of this activity...