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Is the "Solana Summer" Finally Here?
One big driver of this new flurry of activity on Solana is its quickly expanding base of tokenized assets, which currently totals around $3.3 billion. That's $1.1 billion more in value than it had as of May 9, and one segment is looking particularly good. As of early June, Solana accounted for roughly 97% of on-chain tokenized stock trading volume. There's presently $318.7 million in tokenized stocks parked there, trailing Ethereum's $648.9 million in tokenized equity value. As long as asset managers are interested in tokenization as a means of trading and tracking their stocks, Solana will likely continue to take an ... (full story)
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From parameter.io | 13 hr ago
The Solana blockchain is experiencing unprecedented growth across multiple metrics, yet the native token’s price action presents a stark contradiction. This divergence between network fundamentals and market valuation represents the key puzzle facing SOL investors today. During the seven-day period concluding July 6, the Solana network processed an ...
