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meme10/29meme@Shivam_RWA Top 5%. PST looking good Reply to @Shivam_RWA: Solana just hit a new RWA ATH at $5.19B. This wasn’t organic crypto-native growth. It was a single institutional deployment that flipped the ranking J.P. Morgan Asset Management made its tokenized money market funds (MONY and JLTXX) available on Solana on Oct 22 via Morgan Money. Only 8 holders total. Within days, JLTXX alone became the second-largest RWA product on the chain at ~$736M - behind only BlackRock’s BUIDL ($865M). That one addition was enough to push Solana through $5B for the first time. The concentration is extreme: Top 2 = ~31% of the entire book @BlackRock BUIDL - $865M @jpmorgan JLTXX - $736M Top 5 ≈ 51% PayFi Strategy Token (@humafinance ) - $400M Titan III Equity (@CtrlAltCo ) - $338M Hera I Equity (Ctrl Alt) - $318M Top 10 ≈ 74% @Ondo iShares 0-1Y T-Bill - $315M @onrefinance - $305M State Street Galaxy Sweep - $209M Ondo USDY - $180M @Securitize AAA CLO - $179M A handful of regulated institutional products (money market funds, private equity, reinsurance, and structured credit) now dominate @solana RWA TVL. Most of the remaining value sits in tokenized equities and smaller credit products that trade frequently but hold far less capital. #Solana
72/100·B+Long+4