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Solana’s tokenized market grows over sixfold year-on-year

Research attributed to Castle Labs puts the value of real-world assets represented on Solana at about $4.3 billion, up from $700 million over twelve months. The report puts Ethereum’s comparable total at roughly $16.6 billion, up from $15.5 billion. Ethereum remains almost four times larger by this measure, though Solana’s total rose from about 4.5% to 26% of Ethereum’s.

The category includes tokenized securities, credit and yield-bearing instruments. The figures can change as products are issued, market values move or data providers change how they classify assets. The rise does not establish a forecast for SOL’s price: added tokenized asset value need not translate directly into demand for the network’s native token.

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