Solana surpasses Ethereum in the number of RWA wallets, intensifying competition in the tokenization sector

MarsBitNews · 2026-03-09T08:19:52+00:00

Recently, on-chain data shows that the number of Solana wallets holding tokenized RWA has surpassed Ethereum, reflecting the diversification of the blockchain tokenization market. However, Ethereum still maintains a leading position in the total value of tokenized assets, mainly because the deployment of large assets is concentrated within its ecosystem.

MarsBitNews

2026-03-09 08:19:52

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Mars Finance News: On-chain data shows that the number of Solana wallets holding tokenized RWA has surpassed Ethereum, breaking Ethereum’s long-standing dominance in the tokenization market. Solana’s rise is mainly due to its high throughput and low transaction costs, providing infrastructure advantages for financial applications that require frequent trading. Currently, the total RWA across blockchain networks has approached $25 billion. However, Ethereum still maintains a leading position in the total value of tokenized assets, with major tokenized government bonds and private credit platforms primarily deployed on the Ethereum ecosystem. Analysts point out that this ranking change reflects the trend of diversification in the blockchain tokenization market, rather than a complete shake-up of Ethereum’s position.

SOL4,21%

ETH3,83%

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