Solana now has more unique RWA holders than Ethereum: 284,277 vs 197,459.


But Ethereum still holds about $16.6 billion in tokenized RWA value, while Solana holds around $2.5 billion.
Same sector, two very different races. Solana looks like it’s winning retail adoption with low fees and tokenized equities spreading across many wallets. Ethereum remains the main home for institutional capital through larger positions, treasury products, and deeper infrastructure.
The interesting question isn’t which chain is winning. It’s whether these two races eventually converge into one.
SOL-3.53%
RWA-1.20%
ETH-3.06%
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