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Mr.Arshman

06/19 10:40

Solana tops all blockchains in real-world asset ho

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This development is particularly important for the whole crypto ecosystem as it shows where the interest of the investors, both retail and institutional, lies. A network that is favored by the greatest number of people and not only capital is bound to get the lion’s share of the action in the coming months.According to RWA.xyz, the present global market of tokenized assets is comprised of 924,469 holders from 35 different networks. Solana’s 285,971 holders make up about 31% of this figure, ahead of Ethereum’s 199,191 and $BNB Chain’s 101,902. Not only are these figures impressive in their own right, but the rate of growth is even more remarkable. As reported by RWA.xyz, Solana’s RWA holder base grew by 29.3% in the last 30 days. As context, note that Solana first breached the 200,000-mark of holders in late April. This implies that Solana saw a surge of nearly 85,000 RWA holders in less than two months. This milestone was highlighted by the RWA Foundation, an industry association dedicated to tokenized asset adoption, on June 18. Number of asset holders alone cannot paint an entire picture of the market. Ethereum is still the leader in terms of total distributed asset value at $16.3 billion. This is more than five times bigger than Solana’s $3.0 billion, as per RWA.xyz. While $BNB chain sits in between the two platforms at $3.9 billion. However, Solana is narrowing the gap at a much more accelerated pace. In terms of distributed RWA value, Solana has gained 14%, whereas Ethereum has fallen by 4.7% during the same period of 30 days. Another important aspect here is the transfer volume – Solana had $5.5B of RWA transfer volume during the same 30-day period, up 66.94% month-over-month, according to RWA.xyz. Solana Compass stated that the $4.4 billion of transfer volume that was recorded on June 11 implied substantial turnover on
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