Solana RWA value hits $4.35B as August ends 10-month losing streak

  • Solana’s RWA ecosystem reached $4.35 billion in total value.
  • 67% of tracked multichain spot DEX memecoin volume came from Solana.
  • Solana posted its first green monthly candle in 10 months during August.

Solana’s real-world asset (RWA) ecosystem reached a record $4.35 billion in total value, while the number of RWA holders surpassed 420,000. The network also recorded its first green monthly candle in 10 months in August. Solana’s monthly MACD was nearing a bullish crossover, and its monthly RSI broke a downtrend that had lasted nearly two years, although SOL remained below its previous highs. On Sept. 7, Solana accounted for 67% of spot decentralized-exchange memecoin volume across tracked multichain markets, compared with 23% for Robinhood and 9% for BNB Chain.

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