Tokenized Real-World Assets on Solana Near $4 Billion Amid Record Network Activity

Tokenized real-world assets on Solana reached about $4 billion, up roughly 11.8% in a month, as the network processed a record 4.2 billion transactions in July and SOL rallied about 40% over eight days to reclaim the $100 level for the first time since February. July volume rose 13.5% from June, and monthly transactions have climbed about 91%, or roughly 2 billion, since December. Solana also logged a weekly record of 1.318 billion non-voting transactions, pointing to heavy decentralized-exchange, transfer, and application usage, while total tokenized real-world assets across major chains surpassed $38 billion. SOL was recently at $99.78, up 5.31% over 24 hours, with $7.84 billion in daily volume and a $58.19 billion market capitalization. The advance coincided with a broader risk-asset rebound after the U.S. Treasury said it would double long-term debt buybacks to $4 billion per operation. Analyst Javon Marks said Solana has reclaimed a pivotal support zone and identified $233.80 as a potential target if buying persists, though observers caution that bot and arbitrage activity can inflate throughput metrics on high-speed chains.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.