Solana RWA Ecosystem: Third in Size, First in Trading

Rickler Feed (@rickler_feed), Aug 12, 2026, 12:00 UTC

Solana RWA Ecosystem: Third in Size, First in Trading Everyone argues who leads RWA. By total value it is still Ethereum. But tokenized stocks tell a different story. Solana holds just 23% of tokenized-stock market cap, yet settles 95-97% of all on-chain trading volume. Others hold the shares. Solana trades them. The whole Solana RWA market is up 6.8x in a year to $2.35B, led by BlackRock's BUIDL, with a wild mix from tokenized T-Bills to collectible cards.

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