@Shivam_RWA Top 5%. PST looking good
Reply to @Shivam_RWA: Solana just hit a new RWA ATH at $5.19B.
This wasn’t organi | Hanami
@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