Solana sales despite RWA growth of $1.8B – Where is SOL’s money going?


DeFi serves as a powerful bridge between the internet statistics and startups.

The logic is simple: A Group-1 that looks weak in terms of numbers does not tell the whole story of its market valuation if the network’s fundamentals are not moving in the same direction. In particular, DeFi has become a place to observe this gap, and provide insights into where the dry powder has been.

In this context, the stablecoin market hits a record of $316 billion in the middle of the ongoing crisis that is starting to gain weight, indicating that money is returning to the market. Naturally, the question arises: Where is this kind of money going, like Solana (SUN) continues to fall below the $100 emotional level?

SolanaSolana
Source: DeFiLlama

According to AMBCrypto, this is where DeFi begins.

In a post on XSolanaFloor showed an important setup: Solana RWAs holding DeFi TVL has reached a peak value of $465 million, which shows that investors are moving more money to the Internet of things.

As a result, this increase in DeFi activity provides a clear picture of the flow of funds, even if the charts themselves appear static or weak. In this context, is Ondo Finance adding 50 properties to Solana a good way to improve this, and show the profound changes that SOL’s capital is undergoing?

The brand property is turning Solana into a DeFand hotspot

The timing of the move for Ondo Finance has not been very good.

For context, OndoFinance is developing tokenized equities on Solana, adding 50+ new stocks and ETFs, including Galaxy Digital and BlackRock’s IBIT, bringing Ondo Global Markets’ total listings to over 250.

Looking at the data from RWA.xyz, this move starts to make sense. On the charts, Ethereum (ETH) (the largest RWA value chain) has seen 25% growth so far this year. In comparison, Solana’s RWA jumped nearly 64%, to a value of over $1.8 billion.

SOL RWASOL RWA
Source: RWA.xyz

In addition, Solana’s RWA holding DeFi TVL, which is also hitting $465 million, it is clear that a large part of the financial network is not just idle.

In fact, these resources are being actively used in DeFi processes, including lending, savings, and water, showing that Solana’s ecosystem is using a lot of money. Taken together, Solana’s total RWA value, as well as the DeFi TVL profile, show its potential. liquidity is flowing through the network.

In this context, the move by Ondo Finance to add another 50 properties on Solana increases this activity, showing that money is not leaving the market but instead is being stopped in the RWA sector. As a result, the region is becoming a major DeFi hub, showing the gap between the charts and what’s happening on the ground.


Brief Summary

  • The total RWA TVL on Solana jumped almost 64%, while the active DeFi TVL hit $465 million, showing that money is flowing and investors are spending money.
  • Ondo Finance adds 50 tokenized assets turns the RWA sector into a major DeFi sector, showing the difference between the charts and what is happening on the Internet.



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