Solana absorbs $348 million worth of RWA funding in 30 days—why are institutions suddenly not choosing Ethereum?
In the past ~30 days, Solana has seen $348 million in RWA inflows, directly challenging Ethereum’s position as the leading RWA chain.
According to a report by Bitcoinist, over the past 30 days Solana’s on-chain inflows of real-world assets (RWA) have reached $348 million. RWA means moving traditional assets like U.S. Treasuries and funds onto the blockchain to be tokenized and issued—an area that institutions have long cared about most. This track was basically Ethereum’s territory until now. Now Solana is winning institutional customers with high throughput and low fees. An inflow of $348 million in a single month suggests this isn’t a small-scale experiment anymore, but a real migration of capital.
One-sentence translation: Institutions have started sharing some of the “on-chain Treasuries” business from Ethereum to Solana.
Impact on the market
- Short term: SOL is currently $102.31, up 2.21% in the last 24 hours. This news will keep fueling the liquidity-focused narrative. RWA is an institutional narrative, and inflow data is harder-edged than retail sentiment—so in the short term, it’s genuinely bullish for SOL. BTC $77,925.25 and ETH $2,516.4 are both trading with mild consolidation today; overall the market is relatively steady, and narrative-driven coins are more likely to break out.
- Medium term: If this inflow pace continues, Solana could shift from the “meme chain” label to “institutional asset chain,” and valuation logic may be repriced. For Ethereum, this isn’t a collapse-level issue, but once part of the moat is being chipped away, competition between the two in the RWA space will become increasingly direct.
My take
I’m moderately bullish on SOL in the medium term. In the short term, if it can hold around $102, there’s more upside potential than downside. But to be honest, the 30-day data is just a snapshot—the key is whether inflows can keep going into the next quarter. I’m only following this narrative with a small position, so if I’m wrong, go easy on me.
Don’t panic about ETH. $2,516 is still basically the base case; it’s just that you shouldn’t expect RWA to be exclusively bullish for it.
- Coins: ETH, BTC
- Direction: Bullish 📈 Forecast up
- Duration: ETH 24 hours / BTC 12 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After a similar piece—“Crypto Focus: Ethereum regulatory win, Solana performs impressively” (2024-05-19)—was published, ETH’s 24h performance rose/fell by +2.39%. My bullish prediction ✅ was correct
⚠️ Not investment advice
#PublicChainEcosystem
In the past ~30 days, Solana has seen $348 million in RWA inflows, directly challenging Ethereum’s position as the leading RWA chain.
According to a report by Bitcoinist, over the past 30 days Solana’s on-chain inflows of real-world assets (RWA) have reached $348 million. RWA means moving traditional assets like U.S. Treasuries and funds onto the blockchain to be tokenized and issued—an area that institutions have long cared about most. This track was basically Ethereum’s territory until now. Now Solana is winning institutional customers with high throughput and low fees. An inflow of $348 million in a single month suggests this isn’t a small-scale experiment anymore, but a real migration of capital.
One-sentence translation: Institutions have started sharing some of the “on-chain Treasuries” business from Ethereum to Solana.
Impact on the market
- Short term: SOL is currently $102.31, up 2.21% in the last 24 hours. This news will keep fueling the liquidity-focused narrative. RWA is an institutional narrative, and inflow data is harder-edged than retail sentiment—so in the short term, it’s genuinely bullish for SOL. BTC $77,925.25 and ETH $2,516.4 are both trading with mild consolidation today; overall the market is relatively steady, and narrative-driven coins are more likely to break out.
- Medium term: If this inflow pace continues, Solana could shift from the “meme chain” label to “institutional asset chain,” and valuation logic may be repriced. For Ethereum, this isn’t a collapse-level issue, but once part of the moat is being chipped away, competition between the two in the RWA space will become increasingly direct.
My take
I’m moderately bullish on SOL in the medium term. In the short term, if it can hold around $102, there’s more upside potential than downside. But to be honest, the 30-day data is just a snapshot—the key is whether inflows can keep going into the next quarter. I’m only following this narrative with a small position, so if I’m wrong, go easy on me.
Don’t panic about ETH. $2,516 is still basically the base case; it’s just that you shouldn’t expect RWA to be exclusively bullish for it.
- Coins: ETH, BTC
- Direction: Bullish 📈 Forecast up
- Duration: ETH 24 hours / BTC 12 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After a similar piece—“Crypto Focus: Ethereum regulatory win, Solana performs impressively” (2024-05-19)—was published, ETH’s 24h performance rose/fell by +2.39%. My bullish prediction ✅ was correct
⚠️ Not investment advice
#PublicChainEcosystem
