Solana is rapidly gaining ground in the real-world asset (RWA) tokenization race, with the total value of tokenized assets on the network surpassing $418 million—a 140% increase since the start of the year, according to a new Messari report.
This growth significantly outpaced the broader RWA market, which expanded by 62.4% in 2025. Solana now captures 3.9% of the RWA market, ranking fourth behind Ethereum (58.4%), ZKsync Era (17.2%), and Aptos (4%).
Messari attributes Solana’s momentum to its speed, low fees, and developer-friendly environment. The network is now home to a diverse range of tokenized assets, from U.S. treasuries to institutional funds.
Leading the charge are Ondo’s U.S. Dollar Yield Fund and ONe’s institutional fund, together representing $277 million of Solana’s RWA value. Ondo also posted $2.7 million in 24-hour trading volume, generating fees that benefit the Solana network.
Although Ethereum remains the RWA leader, generating $15.9 million in 30-day revenue compared to Solana’s $3.9 million, newer chains are closing in. In the past month, Aptos grew its RWA value by 52.7%, while Solana rose 14.6%—both ahead of Ethereum’s 3.6% growth.
The total RWA market now exceeds $25 billion, with tokenization gaining traction among institutions seeking faster settlement and global access.
Source: https://coindoo.com/solanas-rwa-market-surges-past-418m-closing-in-on-top-blockchains/