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Solana’s Tokenized Asset Market Grows More Than Sixfold In A Year

Solana’s Tokenized Asset Market Grows More Than Sixfold In A Year

Photo: NewsBTC

TL;DR: Research attributed to Castle Labs puts Solana’s real-world asset market at about $4.3 billion, versus $700 million a year earlier. Ethereum remains substantially larger, but the gap has narrowed sharply. Solana’s next growth story may have less to do with meme coins and more to do with assets that already exist in the traditional financial system. According to a recent Castle Labs assessment of the ecosystem, the value of real-world assets represented on Solana rose from approximately $700 million to $4.3 billion over twelve months.

Source: NewsBTC

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