Faster global financial news!
Solana RWA Market Cap Surges to $4.3 Billion, Leads in Application Revenue
According to a Castle Labs report on the Solana ecosystem, the on-chain Real World Asset (RWA) market capitalization on Solana grew from approximately $700 million to $4.3 billion over the past year. This increased Solana's share of total RWA relative to Ethereum from roughly 4.5% to 26%, while Ethereum's RWA grew from $15.5 billion to $16.6 billion during the same period. The report also highlighted Solana's application revenue over the past 30 days, which reached $193.1 million, ranking first among tracked networks, ahead of Hyperliquid ($86.5 million) and Ethereum ($53.8 million).
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
CoreWeave's default probability exceeds 60%, but NVIDIA CEO Jensen Huang states its financing costs are decreasing and NVIDIA is not required to backstop it.
-
2
The KOSPI plunged 7.57% to close at 5554.22 points, triggering circuit breakers. Foreign investors net sold $3.6 billion in a single day.
-
3
AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
-
4
TSMC's Q4 revenue guidance exceeded expectations by 6% to $53.3 billion, with a full-year growth forecast raised to 44%, and consideration for further expansion in the US.
-
5
The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
-
6
The Office of the Comptroller of the Currency (OCC) investigation found that nine large banks restricted crypto accounts, but new rules will limit regulators from pressuring banks citing "reputational risk."
-
7
Hyperliquid founder Yan seeks US regulatory clarity to shield its blockchain from direct exchange oversight.
-
8
Ukraine to resume strikes on Russian refineries after 'energy ceasefire' collapses
-
9
Russian nuclear-powered submarines test-fired cruise missiles in Pacific exercises, hitting targets 1,200 kilometers away.
-
10
Fed's Hammack: Financial conditions do not appear restrictive right now
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
