Key Insights: Tokenized assets on Solana reached $418 million this month atop a 140.6% year-to-date. Circle minted $1 billion USDC on Solana in one week,
The increase has been tied to new developments around real-world assets (RWAs), stablecoins, and broader use cases being built on Solana.
In particular, Circle, the issuer of the USDC stablecoin, minted $1 billion USDC on Solana in just the past week.
This followed an earlier minting of $250 million in August 2024, pushing the total USDC supply on Solana to approximately $2.35 billion.
The networks ability to handle up to 65,000 transactions per second, along with low transaction fees, has made it attractive for stablecoin usage.
USDC on Solana is utilized for various purposes, including trading, payments, and remittances. This is particularly pronounced in markets where speed and low cost are crucial.
It is worth noting that Circle has continued to follow global stablecoin regulations.
With new rules under the EUs Markets in Crypto-Assets (MiCA) now active, Circle has been careful to meet anti-money laundering and customer verification standards.
The large USDC minting is part of a broader push to build trust and ensure compliance as stablecoins face more scrutiny.
Ondo Finance Leads RWA Projects on the Network
Another key factor behind the rise in tokenized value is the activity of Ondo Finance on Solana.
A recent report from Messari Crypto revealed that Ondo accounts for approximately 60% of Solanas non-stablecoin RWA market.
Solana RWA Outlook | Source: Ondo Finance
The platform has been active in issuing tokenized financial products such as stocks and ETFs.
It is important to add that these tokenized products allow investors to gain exposure to traditional markets through the blockchain.
This approach has gained interest from both retail and institutional investors looking for more flexible ways to access financial instruments.
Solanas infrastructure has supported 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 picked up across the crypto sector in 2025. However, Solanas strong network activity, combined with growing developer support, has helped set it apart.
Solana Price Outlook Points to $200
SOL, the native digital asset of Solana, has been climbing steadily in recent weeks.
As of writing, CoinMarketCap data shows that it was trading around $160.93.
This happened after breaking through the $160 resistance level for the second time in three months.
The coin is now up nearly 9.13% over the last 30 days. However, it is currently down by 3.73% in the past 24 hours as bearish twist emerges
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, attention on Solana has increased.
If momentum continues, analysts believe SOL price could approach or even reach the $200 mark in the coming weeks.
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