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Tokenized credit on Solana climbs to a record $1.2 billion

Tokenized credit on Solana climbs to a record $1.2 billion

Photo: Crypto Briefing

More than $595 million of Solana's tokenized credit sits in lending protocols, putting it to work as collateral instead of leaving it idle in wallets Tokenized credit on Solana has hit a record $1.2 billion as of October 24, 2026. Less than two weeks ago, the figure was just clearing $1 billion for the first time. What stands out is where the money sits. About $595 million of it is deposited in lending protocols, which means these assets are being put to work rather than collecting dust. The $1 billion threshold fell around October 13, 2026.

Source: Crypto Briefing

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