RWA value on Solana rises to $4.3 billion in one year
Castle Labs puts tokenized real-world assets on Solana at $4.3 billion, up from $700 million in one year. Tokenized stocks rose from $63 million to $455 million.
Tokenized real-world assets on Solana rose from $700 million to $4.3 billion in one year, according to Castle Labs. Ethereum’s tokenized market cap rose from $15.5 billion to $16.6 billion over the same period, a gain of 7 percent.
Solana’s figure was 4.5 percent of Ethereum’s RWA value in the fourth quarter of 2025 and stands at 26 percent. Tokenized stocks on Solana rose from $63 million to $455 million, with issuers such as xStocks and Backpack.
More than $65 million in tokenized stocks earn yield, chiefly xStocks, which can be used as collateral on Kamino and Jupiter Lend. App revenue and tokenized-stock volume for the third quarter are in the 17 October report.
What to watch
- The report does not name a calendar day for these figures
Sources
- Castle Labs — Solana: Building the Full-Stack Onchain Economy, 15 October 2026
- Castle Labs — Post, 16 October 2026, 11:54 a.m. Berlin
- SOLANA·HUB — Third-quarter app revenue