Solana Strengthens RWA Presence With Explosive Growth In Value

SOL attracting this kind of massive value in RWA is largely due to its fast transaction speed and lower costs. As institutional and developer activity around RWAs accelerates, this figure is expected to expand in the future.

Alexander highlighted that the majority of SOL’s perp volume was led by GMTrade, a leading RWA perp DEX, with $16 billion. Others include Pacifica and Jupiter Exchange, scooping up $2.9 billion and $1.3 billion, respectively. 

At the time of writing, SOL’s price was trading at $85, demonstrating a 0.41% increase over the last 24 hours. Its trading volume has also slightly risen by over 1.61% within the same time frame.