Blockworks said tokenized assets on Solana surpassed memecoins in daily spot trading, marking a notable shift in activity on the network.
Tokenized assets on Solana generated more 24-hour spot trading volume than memecoins, a reversal in one of the network’s most closely watched trading categories. The development, cited by Blockworks, suggests traders are rotating toward tokenized assets (real-world or other off-chain assets represented onchain) rather than the speculative meme-token segment that has often dominated Solana activity.