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[SITUATION] · [ACTIVE] · [TECHNOLOGY]

2 clusters · 5 sources · 10 days · First seen · Last updated

Solana blockchain tokenized asset adoption

Overview

Solana has demonstrated significant growth in the tokenized equity market, capturing a 34% market share in daily trading volume for tokenized stocks. The network is preparing for a Firedancer upgrade to improve performance and expects Samsung Wallets to enable cross-border USDC transfers in late October.

By late October, Solana surpassed Robinhood Chain in the number of tokenized stock holders, reaching over 1.5 million addresses. While BNB Chain remains the market leader with 1.93 million holders, Solana accounts for approximately 29% of the total 5.13 million tokenized stock holders across all networks. This growth is driven by an expanding catalog of real-world assets, including tickers for Nike, Micron, and Moderna, alongside ambitions from Backpack Securities to expand offerings from 200 to 10,000 securities.

Entities

Solana · Chainlink · Samsung · Backpack Securities · Cardano

Timeline

  1. [TECHNOLOGY] 3 sources
    Solana surpasses Robinhood Chain in tokenized stock holders

    Solana has overtaken Robinhood Chain in tokenized stock holders, reaching over 1.5 million addresses, driven by rapid growth in real-world asset (RWA) listings.

  2. [TECHNOLOGY] 2 sources
    Solana and Chainlink show increased blockchain adoption

    Solana, Chainlink, and Cardano are seeing increased adoption, with Solana leading in tokenized equity trading and Samsung planning USDC transfers via its network.

Sources

cryptonewsland.com · cryptonomist.ch · it-boltwise.de · kriptoworld.hu · merca2.es