Solana's tokenized real-world asset (RWA) market has reached a record high of $707.79 million, marking a 5.8% increase over the past month, according to RWA.xyz data. The number of RWA holders on the Solana network also grew by 18.28%, totaling 92,526. This growth underscores Solana's expanding influence in the tokenization of real-world assets, leveraging its high transaction speed and low costs.
The Solana network currently supports 94 different tokenized RWAs, including assets like real estate and commodities. In addition, Solana's stablecoin market cap saw a 17.5% rise to $14.74 billion, with stablecoin transactions increasing by 68.44% to $542.87 million over the same period.
Solana's Tokenized RWA Market Hits $707.79 Million All-Time High
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