
Solana expands tokenized equities as SOL tests $102.50
Solana has emerged as a significant hub for tokenized equities, with trading volumes for these assets surpassing $200 million. This growth is largely driven by the Raydium protocol, which accounts for approximately 70% of the total liquidity in this sector. The supply of tokenized equities and ETFs on the Solana blockchain reached a record $684 million last week, representing a 47% increase over a three-week period. Multiple issuers, including xStocks, Ondo, Backpack Securities, Sunrise, Superstate, and Securitize, have contributed to this expansion by offering over 100 distinct tokenized products. While these volumes are notable within the niche of on-chain equities, they highlight a shift toward decentralized infrastructure for traditional asset trading. The rapid influx of capital and diverse product offerings suggest that Solana is positioning itself as a competitive venue for institutional-grade asset tokenization. Continued growth in this market will depend on whether trading volumes can scale proportionally with the increasing supply of tokenized assets.










