The market capitalization of real-world assets tokenized on Solana has reached $4.3 billion, up from approximately $700 million twelve months earlier, a sixfold increase. Ethereum still leads with $16.6 billion but its annual growth is only 7%. Solana’s share relative to Ethereum has thus risen from 4.5% to 26%. Institutional deployments from BlackRock, Franklin Templeton, Apollo, and Backed Finance (xStocks range) account for the bulk of this surge. The network’s applications also generated $193.1 million in revenue over thirty days, outpacing Hyperliquid ($86.5M) and Ethereum ($53.8M).
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