Solana Tokenized Assets Jump From $700M to $4.3B in a Year

In one year, real-world tokenized assets on Solana increased from around 700 million to 4.3 billion dollars, according to Castle Labs. The network thus narrows the gap with Ethereum and now represents 26% of its tokenized value, compared to only 4.5% a year earlier. However, this growth has paused since last month. At the end of September, tokenized assets on Solana reached a record $4.6 billion , according to rwa.xyz. In its report , Castle Labs reviews this spectacular growth, which multiplied the total value by more than six times in twelve months. More precisely, the increase from 700 million to 4.3 billion dollars represents an increase of about 514%, not 600%. As the figures are rounded, this estimate remains indicative.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cointribune.