Solana Overtakes Ethereum to Lead the Tokenized Stock Market in 2026
- How Did Solana Outpace Ethereum in Tokenized Stocks?
- Solana’s RWA Expansion: By the Numbers
- Why Are SOL-ETFs a Game Changer?
- Tokenized Assets: The 2026 Landscape
- FAQs: Solana’s Tokenized Stock Surge
Solana has surged past ethereum in the tokenized stock market, boasting a record $874.19 million in market capitalization. Backed by rapid growth, institutional adoption, and SEC-approved ETFs, Solana’s ecosystem now hosts 126,274 RWA holders. Key players like Tesla and BlackRock dominate its tokenized assets, while SOL-ETFs attract $801 million. Here’s why Solana’s speed and scalability are reshaping finance.
How Did Solana Outpace Ethereum in Tokenized Stocks?
Solana’s tokenized stock volume hit $874.19 million in early 2026, eclipsing Ethereum and BNB Chain, per CoinMarketCap. The sector’s total market cap now stands at $1.2 billion, with explosive growth between September and December 2025. Backed Finance turbocharged this rally by launching 60+ tokenized stocks—like Tesla and NVIDIA—via Kraken and BTCC. Solana’s low fees and 65,000 TPS made it a magnet for institutional players.

Solana’s RWA Expansion: By the Numbers
The network now has 126,274 RWA holders, a 68.4% YoY spike. Ethereum still leads the broader RWA market ($12.9B), but Solana’s $874.2 million (excluding stablecoins) signals a shift. Tesla’s xStock tops Solana’s offerings at $46.8M, followed by CRCLx ($23.4M) and Nvidia ($17.4M). BlackRock’s Digital Liquidity Fund reigns as Solana’s largest RWA protocol at $255M—proof that TradFi giants are betting big.
Why Are SOL-ETFs a Game Changer?
Six SEC-approved solana ETFs (October 2025) funneled $765M into the ecosystem, now valued at $801.3M. These ETFs make up 1.4% of Solana’s market cap, per TradingView data. "The approvals validated Solana as an institutional-grade chain," noted a BTCC analyst. Meanwhile, Ondo Finance’s $246M in tokenized assets underscores DeFi’s hunger for yield-bearing RWAs.

Tokenized Assets: The 2026 Landscape
Stablecoins dominate RWA ($299.15B), but tokenized stocks ($196.3M) and bonds ($9.5B) are gaining traction. Solana’s 24/7 settlement and global access appeal to funds like BlackRock. "It’s Wall Street meets blockchain," quipped a trader on X. Despite SOL’s 35% annual dip to $137.24, its $77.4B market cap reflects long-term bullishness.
FAQs: Solana’s Tokenized Stock Surge
What’s driving Solana’s tokenized stock growth?
Speed, scalability, and SEC-approved ETFs. Solana processes transactions in seconds for pennies, while Ethereum struggles with gas fees.
How does Solana compare to Ethereum in RWAs?
Ethereum leads overall ($12.9B), but Solana dominates tokenized stocks ($874M) and is gaining in bonds and private credit.
Are SOL-ETFs a safe bet?
This article does not constitute investment advice. However, their $801M inflow suggests strong institutional confidence.