Solana Records 534.9 Billion Won Net Inflow in Tokenized U.S. Treasury Market

Solana (SOL) has achieved a net inflow of $378 million (approximately 534.9 billion won) in the tokenized U.S. Treasury market over the past 30 days, ranking first in terms of growth among chains. According to RWA.xyz, as of the 15th, the decentralized value of the tokenized U.S. Treasury market is $16.23 billion (approximately 22.97 trillion won), reflecting a 1.81% increase from 30 days ago. Solana, Ethereum (ETH), and BNB Chain have been highlighted as the main chains contributing to this growth. Tokenized Treasuries are products that represent U.S. Treasuries in the form of blockchain tokens, allowing investors to access them through on-chain wallets. The increase in Solana's net inflow is associated with the rise of institutional products, with BlackRock's BUIDL, ONDO's USDY, Galaxy Digital's SWEEP, and VBILL being managed on Solana. Galaxy Digital's SWEEP product may include short-term U.S. Treasuries and Treasury repurchase agreements, currently amounting to approximately $161 million (about 227.8 billion won). In the overall market, Ethereum's market share is approximately 43%, while BNB Chain's is around 31.5%. The tokenized U.S. Treasury market, which grew from under $1 billion in early 2024 to about $16 billion by August 2026, is expanding due to institutional cash management and collateral management demands.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.