Tokenized credit on Solana tops $1.4 billion, ranking third across all chains.
RWA.xyz data (AltcoinBuzz, October 14): Tokenized credit on Solana reached $1.4 billion, ranking third across all chains.
Solana’s official page (data as of the end of July): Non-stablecoin RWA totaled $3.7 billion, with 313,000 holders. The PRIME lending market on Kamino surpassed $350 million in TVL about three months after launch. ONyc’s on-chain market cap was $247 million, with DeFi TVL of $186 million. Around 75% of circulating ONyc is deployed in lending, liquidity pools, and yield strategies.
Solana’s advantage is composability: credit instruments can plug into lending protocols, serve as collateral, trade on DEXs, and settle with stablecoins within the same transaction environment.
In the RWA space, Solana is evolving from a “fast chain” into an “asset chain.”
$SOL
#RWA #Solana
Just my personal opinion; this is not investment advice.
RWA.xyz data (AltcoinBuzz, October 14): Tokenized credit on Solana reached $1.4 billion, ranking third across all chains.
Solana’s official page (data as of the end of July): Non-stablecoin RWA totaled $3.7 billion, with 313,000 holders. The PRIME lending market on Kamino surpassed $350 million in TVL about three months after launch. ONyc’s on-chain market cap was $247 million, with DeFi TVL of $186 million. Around 75% of circulating ONyc is deployed in lending, liquidity pools, and yield strategies.
Solana’s advantage is composability: credit instruments can plug into lending protocols, serve as collateral, trade on DEXs, and settle with stablecoins within the same transaction environment.
In the RWA space, Solana is evolving from a “fast chain” into an “asset chain.”
$SOL
#RWA #Solana
Just my personal opinion; this is not investment advice.