🇺🇸 Solana’s RWA market surges 600% in a year as Ethereum struggles to keep up
- Solana’s tokenized real-world asset (RWA) market has grown by more than 600% over the past year, rising from $700 million to $4.3 billion and significantly outpacing Ethereum’s 7% growth.
- The expansion includes access to U.S. Treasury debt, asset-backed credit, and tokenized stocks. Tokenized stocks alone grew from $63 million to $455 million in market value.
- Solana’s DeFi ecosystem is thriving, generating more than $193 million in on-chain application revenue over the past 30 days, driven by lending protocols that use tokenized assets as collateral.
Source: CryptoPotato
🌍 Updated by GemCrypto
$ETH
#Ethereum #Crypto
- Solana’s tokenized real-world asset (RWA) market has grown by more than 600% over the past year, rising from $700 million to $4.3 billion and significantly outpacing Ethereum’s 7% growth.
- The expansion includes access to U.S. Treasury debt, asset-backed credit, and tokenized stocks. Tokenized stocks alone grew from $63 million to $455 million in market value.
- Solana’s DeFi ecosystem is thriving, generating more than $193 million in on-chain application revenue over the past 30 days, driven by lending protocols that use tokenized assets as collateral.
Source: CryptoPotato
🌍 Updated by GemCrypto
$ETH
#Ethereum #Crypto