Solana (SOL)

$SOL https://t.co/Q1MCZgy8Sw

Solana on‑chain stock trading volume accounts for 85% of global volume, and the RWA market exceeds $30 billion.

As of June 2026, Solana captures over 85% of global on‑chain tokenized stock spot volume, with weekly volume around $190 million.

On‑chain RWA size is roughly $30 billion, of which tokenized stock assets are about $15 billion, and monthly transfer volume reaches tens of billions of dollars.

In Q1 2026, Solana DEX handled about $1.3 billion of tokenized‑asset volume, a year‑over‑year increase of 164%; tokenized stock volume grew from roughly $40.6 million to $116 million, a YoY rise of about 187%.

Representative on‑chain stock assets
TSLAx size about $55.59 million, with more than 30 k holders, making it one of the most active assets in the xStocks ecosystem.
STRCx about $125 million; CRCLon about $108 million; NVDA‑related assets about $44.90 million.

In the private‑equity and structured‑asset space, Ctrl Alt’s Titan III Equity Token is roughly $250 million, Hera I Equity Token about $230 million; Superstate’s FWDI asset is around $21.2 million.

Core driving entities
Backed xStocks
Key promoter of public stock tokenization on Solana, with cumulative volume over $250 billion and tokenized‑equity size that once broke $50 million.
More than 100 assets including AAPL, NVDA, TSLA, SPY, QQQ, META, COIN, etc.
Overall on‑chain holder count exceeds 80 k, with TSLAx alone over 30 k holders.

Ondo Global Markets
Important platform that expands on‑chain stock and ETF assets; as of May 2026, TVL surpassed $1 billion and cumulative volume exceeded $180 billion.
Covers more than 200 US stocks and ETFs, including NVDA, AAPL, META, CRCL, SPY, QQQ, etc.

Ctrl Alt
Main driver of private‑equity and structured‑asset tokenization; on Solana it issued Titan III Equity Token (TTN‑III) about $250 million and Hera I Equity Token (HERA‑I‑E) about $230 million.

Superstate
Promotes stock and equity assets on‑chain via compliant pathways; on Solana it issued assets such as FWDI, sized around $20 million.

Backpack
Launched redeemable $SPCX token alongside SpaceX’s listing; within the first 7 hours trading volume hit $37 million and first‑week volume reached $439 million. Liquidity quickly grew to about $9.8 million, representing roughly 87.5% of SpaceX tokenized‑stock liquidity.

Ecosystem infrastructure
DEX layer
Raydium provides primary liquidity for tokenized equity, with cumulative asset volume surpassing $2 billion; it is the main liquidity pool home for xStocks and supports LP market‑making.
Jupiter, Solana’s main trade aggregator, had xStocks DEX volume exceed $5.17 billion as of January 2026.

CEX layer
Kraken supports users in over 160 countries and regions, offering API, OTC, staking, etc.;
Bybit supports spot trading and participates in distribution of tokenized assets such as SpaceX, jointly pushing xStocks network total volume beyond $250 billion.

Other chains
Ethereum remains the public chain with the largest RWA size, with on‑chain RWA around $161 billion, accounting for nearly half of the global RWA market, mainly focused on institutional‑level asset issuance and compliant infrastructure.
BNB Chain’s on‑chain RWA is about $40 billion; thanks to low‑fee advantage, it holds an important position in platforms like Ondo, leaning toward low‑cost user expansion.
TON, Polygon, Avalanche, Algorand and others have supported some tokenized‑stock assets, but their current size and volume are markedly lower than Solana, Ethereum and BNB Chain.