Solana’s on-chain economy is growing beyond meme coins. In fact, a new report suggests that real-world assets (RWAs) are emerging as one of its fastest-growing sectors.
Castle Labs found that Solana’s tokenized RWA market grew by more than 600% over the past year as it rose from $700 million to $4.3 billion. That puts it well ahead of Ethereum, where the tokenized market grew just 7% over the same period, from $15.5 billion to $16.6 billion.
For context, Solana’s RWA market was only 4.5% of Ethereum’s size a year ago. It now stands at 26%.
