Solana tokenized assets reach $5.77B in Q2; equities $4.8B

The Solana Foundation reported that tokenized asset volume on the Solana network reached $5.77 billion in the second quarter of 2026, a 114% increase from the prior quarter. Tokenized equities accounted for $4.8 billion of the total, up from $1.1 billion in Q1.

The quarter marked Solana’s sixth consecutive quarterly record in tokenized-asset activity. The final week of Q2 produced a weekly high of $1.42 billion in tokenized-asset volume, according to the foundation’s figures.

The foundation attributed the concentration of trading to the network’s technical features, including sub-second transaction finality and low per-transaction fees, and reported that Solana held about 97% of cumulative spot trading volume for tokenized stocks. The foundation also reported the network led tokenized-stock volume for 54 consecutive weeks.

Infrastructure providers and issuers have expanded support on Solana. Superstate introduced Direct Issuance Programs that enable companies to issue tokenized shares directly to KYC-verified investors on Solana, with shareholder registries updated onchain in real time. Brokerages and tokenization providers have begun offering onchain versions of publicly traded shares to retail users.

In the broader real-world asset market, Ethereum retains a larger total tokenized value, holding roughly $16 billion compared with a smaller but growing base on Solana. Solana reported an RWA holder count above 300,000 wallets earlier this year, the highest by that measure among blockchains.

Institutional products have also appeared on Solana. Securitize expanded its tokenized AAA collateralized loan obligation fund, STAC, to the network, and Ethena Labs committed $250 million to the product. Those allocations were listed in the foundation’s report as examples of institutional capital allocated to Solana-based tokenized products.

To put the pace of growth in context, the $5.77 billion recorded in Q2 exceeds the $775 million generated across the second half of 2025 by more than seven times. Tokenized stock volume on Solana first crossed $1 billion only months before the network’s RWA base reached $2 billion earlier in its growth phase.

Market participants are watching whether the trend continues into Q3 as additional brokerages consider listing tokenized shares directly on Solana and issuance programs expand.