Solana Overtakes XRP Ledger? Tokenized Stock Market Heats Up in Real-Time

According to Backed Finance and supporting analytics platforms, Solana tokenized stocks have seen an extraordinary surge, becoming a key player in the fast-growing market for digital assets.

Solana tokenized stocks have seen a surge in their value; their market cap rose from $15.28 million to $48.53 million. Data from the on-chain analytics platform rwa.xyz highlights growing investor interest in tokenized stocks within the Solana blockchain.

Unlike typical digital assets, Solana’s tokenized stocks act as blockchain-based versions of traditional stocks, offering quicker and more versatile trading options. This growth has positioned Solana as a strong competitor in the tokenized equities market.

Why Are Solana Tokenized Stocks Suddenly Gaining Momentum?

The recent rally in Solana tokenized stocks can largely be attributed to the aggressive issuance of equity tokens by Switzerland-based Backed Finance.

Records show that Backed Finance has issued all 61 Solana tokenized stocks currently available. These assets alone account for $48.53 million of Solana’s total, making up roughly 31% of Backed’s cumulative $155 million in tokenized stocks across multiple networks.

According to Market participants, Solana’s fast network and low-cost transactions have made it easier for investors to trade equities at any time, bypassing traditional intermediaries.

How Do These Tokenized Stocks Actually Work?

Solana tokenized stocks are designed as debt-backed securities backed by real shares held with licensed custodians.

Backed Finance has been using a permissioned mint-and-burn process to issue these tokens, making sure every digital asset is tied directly to an actual stock.

Prices of Solana’s tokenized stocks are aligned with real market prices through trusted off-chain mechanisms and regular audits. Though these tokens don’t offer voting power or dividends, they closely follow stock prices, giving investors easier access to equity exposure.

What Makes Solana an Attractive Platform for Tokenized Stocks?

Solana’s low fees and fast transactions are key factors behind the rising success of Solana’s tokenized stocks.

Analysts say Solana’s strong performance makes it an easy choice for traders who are looking to access tokenized equities smoothly. As more traditional financial firms begin to explore blockchain, Solana is becoming a top option because it can handle large numbers of transactions easily.

Solana offers the right blend of speed and low costs, making it a strong fit for tokenized assets,” said a DeFi strategist from a leading crypto research firm.  He also noted that Solana’s growing use of DeFi makes it even more attractive to investors.

Could Solana Surpass Other Networks in Tokenized Equities?

Currently, Solana ranks third in the tokenized stock market, behind Algorand and XRP Ledger. But if its rapid growth continues, it could soon climb higher.

Backed Finance has announced plans to grow its Solana tokenized stocks in the second half of the year, possibly adding more equities and ETFs.

Experts say that if Solana’s tokenized stocks keep growing at the same pace, they could soon overtake XRP Ledger’s $55.35 million market cap. “If this growth keeps up, Solana could reach the second spot sooner than most expect,” said a market analyst who follows real-world asset tokenization.

Conclusion 

The rapid growth of Solana tokenized stocks in just a short time shows the increasing demand for blockchain-based financial products.

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Though there are still some challenges like regulation and liquidity, experts believe Solana tokenized stocks are leading a major change in how people around the world can access traditional stocks.

For now, many are watching to see if Solana can keep growing at this pace. If it does,  the network could soon become a major player in the market for on-chain tokenized stocks.

Summary 

Solana tokenized stocks jumped 217% in just two weeks, growing from $15.28 million to $48.53 million. These digital stocks are backed by actual shares and can be traded 24/7.

Investors are drawn to Solana for its fast, low-cost transactions. Experts believe Solana could soon become a leading network for tokenized equities as demand for such products keeps rising.

FAQs

1. What is the market value of Solana tokenized stocks?

$48.53 million as of July 4, 2025.

2. How much did Solana tokenize stocks grow in two weeks?

They surged 217%, rising from $15.28M to $48.53M.

3. Who issues tokenized stocks on Solana?

All 61 are issued by Backed Finance.

4. Which tokenized stocks are most traded on Solana?

Tesla ($TSLAx), Meta ($METAx), and S&P 500 ETF ($SPYx).

5. Can users trade these stocks anytime?

Yes, they are tradable 24/7 without traditional broker limits.

Glossary

Solana Tokenized Stocks- Digital versions of real-world company shares issued on the Solana blockchain.

Backed Finance- A Swiss-regulated issuer providing tokenized stocks using real asset backing.

Mint-and-Burn Process- A method where tokens are created or destroyed to match real-world asset movements.

Custodians- Licensed firms that securely hold the real stocks backing each tokenized asset.

Off-Chain Price Feeds- External systems that track and update token prices to match real market values.

Sources

Cryptoslate

99Bitcoin