Solana Captures 65% of Tokenized-Equities Volume in Snapshot

RWA Signal Insight
StocksOn-chain tokenized-equities trading volume achieved a record $15.6 billion in September 2026, signaling significant growth in the sector. Solana emerged as the dominant blockchain for this activity, capturing 65% of the total trading volume in an October 10 snapshot. This performance represents a volume 85% higher than the combined output of all other competing blockchain networks during the same measurement period. While the total market value of these assets reached $4.87 billion, the trading activity figures underscore a surge in liquidity for tokenized stocks. Solana-based decentralized exchanges, specifically Raydium and Orca, served as primary drivers for this increased on-chain equity market participation. Despite these record-breaking figures, the report notes that tokenized-equities activity remains a small fraction of the broader traditional equity markets. This data highlights the increasing utility of high-throughput blockchains in facilitating real-world asset transactions at scale.
Key points
- Tokenized-equities trading volume hit a record $15.6 billion in September 2026.
- Solana captured 65% of tokenized-equity trading volume in an October 10 snapshot.
- Solana's tokenized-stock trading volume exceeded $4.4 billion during September 2026.
- Raydium and Orca were identified as key contributors to Solana's on-chain equity activity.
Background
Solana is a high-performance, proof-of-stake blockchain designed for decentralized applications and high-frequency financial transactions. It utilizes a unique consensus mechanism called Proof of History to achieve rapid transaction finality and low costs, making it a popular infrastructure choice for tokenizing real-world assets like equities and commodities.