Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets.
Transaction activity on the Solana blockchain reached a record high in July, preceding a sharp rally that pushed SOL above $100 for the first time since February amid a broader crypto market recovery.
Onchain data presented by The Kobeissi Letter showed that Solana processed a record 4.2 billion transactions in July, up 13.5% from the previous month. Transaction counts have risen by roughly 2 billion since December, representing a 91% increase.
The growth has coincided with a broader expansion in tokenized real-world assets. The Kobeissi Letter cited RWA.xyz data showing that the value of distributed RWAs across tracked blockchain networks has climbed above $38 billion.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments