Solana's tokenized platform RWA has seen its market capitalization grow by nearly 10% to $873.3 million in the past month.
TL;DR
Solana's tokenized RWA market cap grew nearly 10% to $873.3 million in a month, with holders up 18.4% to 126,236. Key assets include US Treasury-backed funds and new tokenized stocks like Tesla and Nvidia.
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[Solana's Tokenized RWA Market Value Grows Nearly 10% to $873.3 Million in the Past Month] According to a report by Cointelegraph, data from RWA.xyz shows that the value of tokenized RWA on the Solana platform has grown by nearly 10% in the past month, reaching a record $873.3 million. Meanwhile, the number of Solana RWA token holders has increased by over 18.4% during the same period, reaching 126,236. Most of these RWA tokens are backed by US Treasury bonds, such as the BlackRock USD Institutional Digital Liquidity Fund and the Ondo USD Income Fund, with market capitalizations of $255.4 million and $175.8 million respectively. Newly launched tokenized stocks such as Tesla xStock and Nvidia xStock are also growing, with market capitalizations reaching $48.3 million and $17.6 million respectively.