Solana non-stablecoin RWAs just hit a new ATH at $4B+, capturing ~97% of on-chain tokenized equity volume.
The narrative is settling: EVM dominates institutional primary issuance (BlackRock/Securitize), while Solana is winning secondary market velocity.
Primary vaulting builds TVL, but secondary execution depth builds network moat.
The narrative is settling: EVM dominates institutional primary issuance (BlackRock/Securitize), while Solana is winning secondary market velocity.
Primary vaulting builds TVL, but secondary execution depth builds network moat.
