Solana captures 95% of tokenized stock volume as new analytics dashboard goes live

rwa.xyz just launched a dedicated dashboard for tracking tokenized public equities and ETFs. The platform tracks 2,613 individual tokenized stocks with filtering by market share, transfer volumes, holder counts, and various chart types. The chain dominating this space isn’t Ethereum or Base. It’s Solana, processing roughly 95% of all on-chain tokenized equity volume.

The numbers behind Solana’s tokenized stock dominance

Cumulative tokenized stock transaction volume on Solana exceeded $10 billion by June 2026. The first half of 2026 alone accounted for $4.9 billion, a sixfold increase from the previous half-year period.

According to the rwa.xyz dashboard, the total distributed value of tokenized stocks currently sits at $1.85 billion, up 14.39% in just 30 days. Monthly transfer volumes reached $8.28 billion, marking a 52.87% jump. The dashboard reports 538,740 holders of tokenized stocks with approximately 120,000 monthly active addresses.

Who’s building on top of Solana’s rails

Two platforms have emerged as the heavyweights in this space. Ondo leads with over 406 tokenized assets carrying a combined valuation of $851 million. xStocks follows with 183 assets valued at $481.6 million.

Backpack Securities introduced tokenized SpaceX shares on the company’s IPO day. The listing generated $108 million in transaction volume within 24 hours.

Solana’s broader RWA ambitions

Solana’s total RWA value crossed $3 billion for the first time in June 2026, a milestone that encompasses tokenized treasuries, private credit, and other traditional financial instruments brought on-chain.