Solana Hits 300,000 RWA Holders as Ethereum’s $16.3 Billion Value Lead Starts to Slip

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Solana’s real-world plus holder basal has climbed to an all-time precocious supra 300,000 wallets, ranking the web archetypal among each blockchains adjacent arsenic Ethereum keeps a commanding pb successful tokenized value.

Key Takeaways

  • Solana RWA holders deed a grounds supra 300,000 recently, up of Ethereum’s astir 200,000, per RWA.xyz.
  • Solana’s tokenized plus worth doubled successful 2026, from $1.4 cardinal successful January to a grounds $3.45 billion.
  • Ethereum inactive holds $16.1 cardinal successful RWA value, leaving Solana a retail-led challenger into precocious 2026.

A Change of Guard

The fig of wallets holding tokenized real-world assets ( RWAs) connected Solana topped 300,000 for the archetypal clip earlier this week, placing the web archetypal among each blockchains by holder number and extending a pb the web established implicit Ethereum earlier this year.

Solana latest RWA data

The tracker’s live dashboard listed 2,121 tokenized assets connected Solana, with a distributed RWA worth of $3.32 billion, up 11.09% implicit the past 30 days. Transfer volume tied to those assets reached $7.65 cardinal implicit the aforesaid window, a 34.53% month-over-month increase.

Securitize CEO Carlos Domingo, whose steadfast issues immoderate of the largest tokenized funds, described the forces down the trend, stating:

Tokenization is astir almighty erstwhile it combines prime assets with the speed, ratio and accessibility of blockchain infrastructure.

RWAs are accepted fiscal instruments (U.S. Treasury funds, backstage credit, commodities and equities) issued arsenic tokens connected a nationalist blockchain. The operation lets investors clasp and transportation regulated products onchain, often with little minimums and faster colony than accepted marketplace rails provide.

A Six-Month Sprint Past Ethereum

Solana’s ascent has been rapid, fixed the web archetypal crossed the 200,000-holder people successful precocious April, and by June 18, it counted 285,971 wallets, oregon astir 31% of the planetary tokenized plus market. Ethereum held 199,191 RWA wallets astatine that reading, with BNB Chain 3rd astatine 101,902.

The maturation has compounded monthly, with holder numbers expanding 29.3% successful the 30 days into mid-June alone, implying that Solana added astir 100,000 tokenized plus holders successful nether 3 months. Value has followed the wallets arsenic Solana’s RWA marketplace reached a record $3.62 cardinal successful July, much than treble the astir $1.4 cardinal it started the twelvemonth with successful January 2026.

Ethereum Keeps the Value Crown

The holder pb does not yet mean worth dominance due to the fact that Ethereum inactive hosts $16.3 billion successful tokenized assets (roughly 5 times Solana’s total) anchored by ample organization funds. Ethereum’s RWA worth slipped 4.7% implicit 30 days astatine the June reading; however, Solana’s distributed worth roseate by 14%.

Two antithetic adoption curves are seemingly implied by specified a split, i.e. portion institutions proceed to parkland ample tokenized funds connected Ethereum, a broader retail basal spreads smaller positions crossed Solana. The network’s debased fees and accelerated colony person made it a earthy venue for high-ticket-count, low-value activity, from stablecoin payments to a afloat onchain prediction market that went unrecorded wrong the Phantom wallet this month.

Solana’s wider onchain system reinforces the pattern, with stablecoin transportation volumes connected the web hitting $557 cardinal implicit the past 30 days and stablecoin proviso connected the concatenation surpassing $16 cardinal (as tokenization firms and plus managers person continued to physique retired organization momentum heading into the 2nd fractional of the year.

The competitory map, successful different words, is being redrawn holder by holder. Solana is winning distribution, Ethereum is defending value, and BNB Chain is holding 3rd connected some counts.

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