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Solana tokenized real-world assets reach record $5.19 billion
The Solana blockchain network has reached a new milestone, with its tokenized real-world assets (RWA) surpassing $5.19 billion as of October 29, 2026. This represents a growth of over $1 billion within a single month, following a period where the ecosystem crossed the $4 billion mark earlier in the month.
Within the Solana ecosystem, tokenized commodities have also hit a record supply of $63.2 million, driven largely by gold-backed tokens such as PAXG, GLDx, and XAUT0, alongside newer silver products like SILV. Trading for these commodities is primarily conducted through decentralized exchanges, with Raydium accounting for approximately 70% of the network’s commodity trading volume in recent reports.
Institutional developments are also accompanying this growth. BitGo and JupiterExchange have partnered to launch an institutional-grade validator on the Solana network. Additionally, Backpack Securities reported weekly volumes of $500 million on the chain.
Entities
Backpack Securities · BitGo · JupiterExchange · Raydium · Solana