The good people at Fidelity Digital Assets seemed to have been consulting their crystal ball while writing their 2025 ‘Look Ahead’ report published in January. They positioned tokenization as “the killer app of 2025”. At the time of publication, real-world assets (RWA) onchain were worth $14 billion. They stated that “it would not be unreasonable to expect this number to double from where it currently is one year from now.” With the total value of RWAs exceeding $36 billion less than a year later, it was indeed not an unreasonable expectation.
Solana has reached a significant milestone in the development of its RWA sector. According to data from rwa.xyz, the number of RWA holders on Solana has reached 105,291, a new all-time high. The value of tokenized assets also hit $827 million, another all-time high. This acceleration reflects one of the most significant developments for Solana in 2025 as RWA adoption continues to reshape its ecosystem.
The network has recorded an almost 400% increase in total value locked in RWAs since the start of the year. Although Ethereum still maintains the lion’s share of the RWA market, Solana is currently outpacing Ethereum in RWA growth. This trend highlights a shift in sentiment among both institutional and individual participants.
Why Are Crypto Companies Choosing Solana?
Several factors explain the expansion of RWA platforms to Solana. The network offers cheap transaction fees that support efficient management of tokenized financial instruments. High-speed finality also removes delays that often hinder other chains during complex transactions.
These advantages have attracted major protocols. Ondo Finance has deployed RWA solutions on Solana, bringing hundreds of millions of dollars in tokenized assets. Figure introduced its SEC-registered yield-bearing stablecoin $YLDS to the network. Loopscale launched ACRED, the first permissioned RWA credit product on Solana that allows accredited investors to borrow against tokenized Apollo credit while stablecoin lenders earn yields backed by RWAs. Maple Finance also returned to Solana in June after two years, with the introduction of its $syrupUSDC token using Chainlink's Cross-chain Interoperability Protocol.
Several companies, such as Galaxy Digital, Animoca Brands, and Forward Industries, have also chosen to tokenize their stock on Solana. A key driver behind this trend is that although Ethereum dominates in overall tokenized value, much of that capital remains inactive. Solana has recorded higher levels of activity, with a large share of trading volume occurring on the network.
This activity signals increased institutional confidence in Solana's performance. Recent months have shown improvements in stability that help address concerns that previously limited enterprise use.
RWA Assets on Solana
A September RockawayX report reads, "due to its speed, performance, and existing community strength, we see Solana as critical infrastructure for the frictionless exchange of global assets within a permissionless ecosystem."
The launch of Remora Markets on Solana exemplifies this statement perfectly. Since going live in early September, Remora has achieved over $18 million in trading volume, with almost 8,200 unique traders participating in onchain stock purchases through the service.
A Syndica report giving insights into Layer 1 & 2 blockchains noted that “from July to October 2025, Solana captured over 95% of tokenized stock trading volume.”
Solana's RWA user base has also increased by more than 2,000% year to date. The number of holders grew from 4,500 at the start of the year to over 105,000 today. A large share of this growth followed the launch of Backed's xStocks in July. Being the first-to-market product, it secured a commanding lead in the tokenized equity sector on Solana.
The emergence of Remora Markets has expanded the landscape by introducing greater composability for RWA assets in Solana’s DeFi ecosystem. With several tokenized stock providers now active, DeFi users can explore new yield strategies, liquidity provision opportunities, and cross-market arbitrage between tokenized stocks.
Future Prospects for RWA Tokenization on Solana
Solana appears well-positioned to support future growth in RWA tokenization. Its low-cost environment and fast transaction speeds help developers build products that require high throughput. The network's scalability supports large volumes of activity, which is essential as more industries adopt tokenized assets.
The diversity of decentralized applications on Solana fosters experimentation and innovation. This foundation could accelerate the adoption of RWAs across sectors such as real estate, commodities, and securities.
Disclaimer: Remora Markets and SolanaFloor are owned and operated by Step Finance.
Read More on SolanaFloor
22-Day Solana ETF Inflow Streak Broken By $TSOL Outflows
Layer 33 Launches Coordinated Effort to Preserve Solana’s Decentralization
Is DeFi Really Dead?
