Solana's tokenized credit fund market cap increased by $476.3 million year-to-date, widening its lead over rival networks. Base added $49.7 million and Stellar increased by $34.4 million during the same period.
The growth extends across multiple asset classes on the network. Tokenized equities volume climbed from $1.34 million to $3.32 billion over the past year—a roughly 2,400-fold increase. Tokenized stocks alone reached a $3.3 billion all-time high in June, up from $670 million in April.
Solana processed more than 95 percent of global cross-chain tokenized stock volume in recent weeks, according to industry reports.
Institutional activity is driving much of the inflow. Securitize, which listed on the New York Stock Exchange in July, tokenized SpaceX-linked SECZ shares on Solana. SBI Holdings has partnered with the Solana Foundation to build on-chain financial infrastructure in Japan, focused on yen-pegged stablecoins and tokenized assets.
Bitwise Asset Management co-founder Hunter Horsley said the volume jump reflects traditional finance migrating on-chain.
Tokenized equities on Solana also set a $51.9 million lending record, pointing to growing usage within DeFi lending protocols.
The broader tokenized fund market cap stands at $34.7 billion, according to Token Terminal data. Solana, alongside Stellar, Avalanche and Injective, collectively holds nearly one-third of that total.
The SOL token trades near $76.21, down more than 2 percent over the past day.
A recent industry report flagged that roughly half of the broader tokenization market shows no weekly trading activity, indicating liquidity is concentrated among a smaller set of active tokenized assets.
