Solana has solidified its position in the tokenized real-world asset (RWA) sector through steady expansion, not a temporary spike. Data shows its distributed value surged 46% in a month to $1.7 billion, significantly outpacing the broader sector’s 7% growth to $25.07 billion.
Solana’s rise within the RWA sector unfolded as a sustained expansion rather than a one-time liquidity spike. Distributed value climbed to $1.7 billion by February 23, marking a 46% monthly surge that outstripped the sector’s overall growth.
Initially, this growth tracked broader market issuance, yet momentum accelerated as treasury products gained traction. Over 90% of Solana’s non-stablecoin RWAs are concentrated in yield instruments like tokenized treasuries.
Tokenized treasuries alone command about 49% of the total, equivalent to $833 million. Instruments such as BUIDL and USDY drew institutional flows seeking yields of 3–3.5%.
Thereafter, private credit layered additional momentum, with Credix-linked pools scaling exposure to $330.4 million. This return premium amplified the migration of allocators toward Solana’s rails.
Parallel issuer deployments from firms like Ondo Finance and Securitize reinforced this capital rotation. The activity signaled strategic reallocation rather than experimental issuance on the network.
As liquidity accumulated, Solana’s capital depth expanded and settlement efficiency improved due to its low-cost throughput. Simultaneously, nearby ecosystems like memecoins gained advantages from the increased on-chain activity.

