Solana Closes in on Ethereum as Tokenized Real-World Assets Surge Past $25.5B

Solana

Getting your Trinity Audio player ready...

Key Takeaways:

  • RWA value on-chain has surged to $25.5B, with $10B added in 2025 alone.
  • Solana now ranks third in RWA volume, reaching $550M and over 58K holders.
  • Ethereum remains dominant, but Solana’s speed and momentum make it one to watch.

While Ethereum still dominates the space with $7.77 billion in RWAs and over 80,000 unique holders, Solana has been making aggressive inroads. The network now hosts 79 live tokenized assets and has reached $550 million in RWA value, ranking it third among all blockchains.

Solana tokenized assets
Source: RWA.xyz

More importantly, Solana’s RWA activity has surged recently. In the last 30 days, holder counts for Solana RWAs jumped 684%, hitting 58,123, compared to Ethereum’s modest 4.96% increase.

Solana’s Technical Edge: High TPS and Low Fees

Solana’s growth isn’t random. It’s backed by strong fundamentals. The chain currently boasts 1,023 real transactions per second (TPS)—a staggering lead over Ethereum’s 16 TPS, which often limits throughput for apps and tokenization.

SOL TPS
Source: Chainspect

With lower fees and significantly faster settlement, Solana provides an attractive infrastructure layer for bringing RWAs on-chain. This technical edge could be key to scaling the sector beyond institutional players to mainstream adoption.

Ethereum Still Holds the Crown—for Now

Despite Solana’s momentum, Ethereum’s maturity and developer ecosystem remain unmatched. It has become the default choice for asset tokenization, with a vast array of protocols, stable infrastructure, and trusted custodians that attract high-value institutional capital.

Also Read: Solana Real World Asset Market Surges Past $418M as Institutional Adoption Grows

However, Solana’s recent RWA metrics suggest the gap may be narrowing, especially as new developers and protocols start to explore alternatives to Ethereum’s congestion and gas costs.

Solana’s RWA Rise Signals a New Phase of Competition

The RWA sector is clearly heating up, with billions in value and rapidly growing user bases. While Ethereum maintains a strong lead, Solana is emerging as a legitimate contender, leveraging technical speed, scalability, and lower costs to close the gap.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.