Solana seems poised to increase from its memecoin-focused, retail-dominant community this yr, after posting document real-world asset tokenization exercise in December.
Information from RWA.xyz exhibits the worth of tokenized RWAs on Solana elevated almost 10% during the last month to a record-high $873.3 million, whereas the variety of Solana RWA token holders rose over 18.4% to 126,236 over the identical timeframe.
Nearly all of these RWAs again US Treasuries, such because the BlackRock USD Institutional Digital Liquidity Fund and the Ondo US Greenback Yield, which boast market caps of $255.4 million and $175.8 million, respectively.
New tokenized shares like Tesla xStock and Nvidia xStock are additionally rising, at $48.3 million and $17.6 million, respectively, whereas institutional funds are additionally being tokenized on Solana.
Solana is poised to grow to be the third blockchain to exceed $1 billion in tokenized RWAs, behind Ethereum at $12.3 billion and BNB Chain, which just lately handed $2 billion.
SOL will set a brand new excessive in 2026 if one factor occurs: Bitwise
Final month, crypto asset supervisor Bitwise predicted Solana would set a brand new all-time excessive ought to the US cross the market-structure-focused CLARITY Act in 2026.
Associated: Can Solana shed its memecoin picture in 2026?
If it passes, Bitwise expects crypto tokenization will take off, with Solana being one of many greatest winners from that upward development: “We’re bullish on Ethereum and Solana. Actually bullish. Primarily as a result of we predict stablecoins and tokenization are megatrends, and Ethereum and Solana are prone to be the largest beneficiaries of that progress.”
SOL has some catching as much as do on BTC, ETH
Solana (SOL) enters 2026 at a considerably cheaper price than it started 2025, buying and selling round $125 versus roughly $190 this time final yr.
SOL can also be over 57% off the $293.3 all-time excessive it set on Jan. 19, 2025, whereas Bitcoin (BTC) and Ether (ETH) set their all-time highs extra just lately — October and August — and are at the moment buying and selling a lot nearer to these costs.
ETFs, institutional funds additionally spurring SOL momentum
Solana’s legitimacy within the institutional area strengthened in late October when the US Securities and Alternate Fee accredited the primary lot of now six spot Solana exchange-traded funds.
These Solana merchandise have mixed for $765 million in inflows, Farside Traders information exhibits.
Additionally in October, worldwide remittance big Western Union selected Solana to construct its stablecoin settlements platform on for its greater than 150 million prospects, unfold throughout over 200 nations and territories. It’s anticipated to roll out within the first half of 2026.
Solana’s onchain metrics look stable
Solana is main all blockchains in app income, proving it may possibly generate excessive earnings even when memecoin exercise slows.
Over the previous 30 days, it raked in over $110 million, far forward of second-place Hyperliquid at $61.1 million and almost double Ethereum’s $47.2 million, DeFiLlama information exhibits.
Journal: How crypto legal guidelines modified in 2025 — and the way they’ll change in 2026