Solana RWA Holders Hit 300K Leading All Chains

Steady attention without excessive speculation.

The official Solana account shared the milestone, citing a report from SolanaFloor. RWA.xyz data shows roughly 300,000 unique wallets holding tokenized assets, well ahead of Ethereum’s roughly 200,000.

Solana RWA Holders Pass the 300K Mark

The live RWA.xyz dashboard listed 298,667 holders on July 16. One earlier snapshot put the figure a little higher, at 300,130.

Either way, Solana now leads the pack. The network sits at number one by holder count for the first time.

“Solana is now the leading network by real-world asset holders, with over 300K holders,” the official account posted. It pointed to SolanaFloor for the tally of tradable RWAs.

The metric counts unique addresses that hold tokenized RWAs. Those assets include treasuries, equities, and private credit, and the count excludes plain stablecoins, which RWA.xyz tracks separately.

SolanaFloor also reported more than 2,120 distinct kinds of RWAs on Solana. The dashboard showed an RWA count of 2,121 across the network.

What Counts as a Real-World Asset

An RWA is a blockchain token that represents a real asset or its cash flow. Common examples include U.S. Treasuries, stocks, private credit, and commodities.

Many of these tokens pay yield or track a price. Some are redeemable for the underlying asset or its cash value.

That design lets investors hold traditional assets on-chain. It also lets them trade those assets around the clock, outside normal market hours.

How Solana Passed Ethereum on Holders

Ethereum still holds a wide lead on value. RWA.xyz puts Ethereum’s tokenized asset value near $16.1 billion, against Solana’s roughly $3.32 billion.

So the two chains lead on different measures. Solana wins on the number of holders, while Ethereum wins on total value.

The gap in average position size is large. Solana spreads $3.32 billion across about 300,000 wallets, while Ethereum concentrates $16 billion in around 200,000.

Ethereum earned that value lead early. It hosted the first big institutional issuances, such as BlackRock’s BUIDL fund, and built deep compliance rails.

Further down the table, BNB Chain sits third near 118,000 holders. Polygon and Stellar trail with roughly 22,000 and 17,900.

Why Solana Attracts So Many RWA Holders

Low fees and high throughput lower the barrier to entry. Sub-cent transactions and sub-second finality let small wallets hold and trade tokenized assets cheaply.

As a result, the network favors fractional ownership. A retail user can hold a slice of a tokenized treasury or stock without paying heavy gas.

Ondo Finance has pushed hard on Solana. The issuer added 24/7 minting and redemption for tokenized U.S. stocks and ETFs, alongside tokenized treasuries.

The xStocks and Backpack ecosystem also added tokenized equities with redemption rails. Securitize and other issuers widened the menu of available assets.

Tokenized stocks have drawn strong retail demand. Users can buy and redeem those equity tokens directly on-chain, at any hour.

That breadth matters for holder growth. More products at low cost pull in more wallets, especially smaller retail ones.

Solana’s RWA Climb Through 2026

The network’s RWA base has grown all year. It held about 126,000 holders in January and roughly $873 million in value.

Value crossed $2.8 billion in May and briefly peaked near $3.62 billion in June. Holder growth ran alongside that climb.

Tokenized equity trading also set records. June volume hit about $3.47 billion, more than 96% of the cross-chain share, per SolanaFloor.

Institutional interest kept building around the sector. DTCC ran tokenization tests on July 15, 2026, a sign that large players are studying the rails.

The Case Against Holder Count

Not everyone reads the milestone the same way. Critics call holder count a retail or vanity metric that says little about economic weight.

High-throughput chains can onboard users fast, so some wallets may hold tiny or inactive positions. RWA.xyz counts unique addresses, yet it does not publish its Sybil-resistance details.

Ethereum backers point to value and institutional depth instead. In their view, fewer but larger holders reflect deeper trust and bigger capital.

Both readings can be true at once. Solana leads on breadth, and Ethereum leads on depth.

Community Cheers the Milestone

Reaction across X leaned bullish. Many posts framed the number as proof of Solana’s reach with everyday users.

Some replies still pushed back on holder quality and value. Those takes stayed in the minority during the first day of coverage.

What Comes Next for Solana RWA Holders

The next test is whether Solana can hold the lead. Higher-value institutional products could scale on other chains and shift the picture.

For now, the trend points up. Solana RWA holders grew from about 126,000 in January to more than 300,000 by mid-July.

Traders can track the live figures on RWA.xyz and DefiLlama. None of this is financial advice.