Wall Street is quietly moving on-chain, and the numbers speak louder than the slogans: the total value of tokenized assets has topped $337.8 billion. Tokenized stocks grew from $485 million to $4.82 billion in a year—nearly a 10-fold increase. The biggest mover is BlackRock’s 0–1-year U.S. Treasury ETF, brought to Solana through Ondo: its assets grew 64% in 30 days and now exceed $423 million. Ondo alone has tokenized more than 430 U.S. stocks and ETFs, worth over $900 million, with 565,000 holders. The number of tokenized stock traders on Jupiter rose 60% in a month, while the total market cap of tokenized ETFs doubled to $1.4 billion. Even Saylor has said he plans to bring Strategy’s STRC and MSTR on-chain. The irony is that SOL itself is falling: at around $83, it’s down 22% over 30 days and has broken below its 200-day moving average. The chain is rising; the coin is falling. That’s the market right now. #代币化 #RWA