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Solana’s tokenized real-world asset market grew more than sixfold over the past year to $4.37 billion from about $700 million, Wu Blockchain reported, citing a Castle Labs analysis of RWA.xyz data.
According to the report, the value of RWA assets on the Solana network rose to $4.37 billion on Oct. 14, 2026, from $751 million on Sept. 1, 2025. U.S. Treasuries made up the largest share at $1.52 billion. Over the same period, Ethereum’s RWA market increased to $16.6 billion from $15.5 billion, while Solana’s RWA market as a share of Ethereum’s climbed to about 26% from 4.5%. The report also showed Solana ranked first in application revenue over the past 30 days at $193.1 million, followed by Hyperliquid at $86.5 million and Ethereum at $53.8 million.