News

Public · Published

Solana Controls 97% of Tokenized Stock Trading While SOL Fell 57%

Solana captured 97% of all on‑chain tokenized equity volume by May 2026 while SOL's price fell 57% from its all‑time high.

Published:

Updated:

What happened

Solana captured 97% of all on‑chain tokenized equity volume by May 2026 while SOL’s price fell 57% from its all‑time high.

Confirmed

Global impact / market context

The dominance of Solana in tokenized stock trading shows strong network utility, but the steep drop in SOL’s price raises concerns about investor confidence and the sustainability of revenue from transaction fees.

Confirmed

By May 2026, Solana’s blockchain handled almost all (97%) of the on‑chain trading of tokenized stocks, even though its native token SOL was trading 57% below its peak price.

Confirmed

What to watch

  1. Whether developers launch new tokenized‑stock projects on Solana, which could boost demand for SOL and increase transaction fees that support network revenue. Analyst inference
  2. Regulatory actions on tokenized equities, as stricter rules could limit on‑chain trading volume and affect Solana’s market share. Analyst inference
  3. Potential shifts of tokenized‑stock trading to competing blockchains if SOL’s price remains low, which might drive capital out of Solana‑based projects. Proposed

Affected assets

  • SOL — Solana
  • RWA — Allo

Evidence