Solana News Today: Solana Tokenized Assets Surge 140.6% Year-to-Date to $418 Million

Tokenized assets on Solana have surged to $418 million this month, marking a 140.6% increase since the start of the year. This growth is driven by heightened activity from Circle and Ondo Finance, which have significantly contributed to the network's expansion in the tokenization space.

Circle, the issuer of the USDC stablecoin, has minted $1 billion USDC on Solana in just one week. This follows an earlier minting of $250 million in August 2024, bringing the total USDC supply on Solana to approximately $2.35 billion. The network's ability to handle up to 65,000 transactions per second, coupled with low transaction fees, has made it an attractive platform for stablecoin usage. USDC on Solana is utilized for various purposes, including trading, payments, and remittances, particularly in markets where speed and low cost are crucial. Circle has been careful to meet anti-money laundering and customer verification standards, ensuring compliance with global stablecoin regulations, including the EU’s Markets in Crypto-Assets (MiCA).

Ondo Finance has also played a pivotal role in the rise of tokenized value on Solana. The platform accounts for approximately 60% of Solana’s non-stablecoin real-world asset (RWA) market. Ondo Finance has been active in issuing tokenized financial products such as stocks and ETFs, allowing investors to gain exposure to traditional markets through the blockchain. This approach has garnered interest from both retail and institutional investors seeking more flexible ways to access financial instruments. Solana’s infrastructure supports this growth by offering a fast, low-cost environment where assets can be created, moved, and traded easily. As tools and regulatory clarity continue to improve, more projects may look to Solana as a home for their tokenized offerings.

The pace of tokenization has accelerated across the crypto sector in 2025, with Solana's strong network activity and growing developer support setting it apart. The native digital asset of Solana, SOL, has been climbing steadily in recent weeks, trading around $160.93 as of the latest data. This follows a break through the $160 resistance level for the second time in three months, with the coin up nearly 9.13% over the last 30 days. Market analysts have compared the current trend to an earlier move in April, where SOL broke $125 before reaching $187 in May. A similar pattern is now forming, with attention turning to whether SOL can test the $185 level again and possibly push beyond it. The recent launch of the first Solana ETF in the United States has added to investor interest, with more ETF approvals expected. If momentum continues, analysts believe the SOL price could approach or even reach the $200 mark in the coming weeks.