The post Solana Nears $1B in Tokenized RWAs appeared on BitcoinEthereumNews.com.

Solana nears $1B in tokenized RWAs, fueled by BlackRock’s BUIDL and Ondo’s USDY, signaling rising institutional adoption on-chain. Solana is approaching a major milestone in tokenized real-world assets as on-chain data shows total value nearing $1 billion. The growth follows recent expansions from BlackRock’s BUIDL fund and Ondo’s USDY product. Solana Set to Become Third Chain Above $1B in RWAs Solana is set to become the third blockchain to surpass $1 billion in tokenized RWAs. Ethereum and BNB Chain previously crossed that threshold. Market data indicates Solana could reach the mark within the month. A key driver of this growth is the expansion of BlackRock’s BUIDL fund. The fund added about $255 million in tokenized assets on Solana. This increase contributed to a sharp rise in total RWA value on the network. Tokenized real-world assets represent traditional financial products issued on blockchain rails. These include funds, treasuries, and yield-bearing instruments. Solana’s recent inflows reflect rising institutional participation. BUIDL and USDY Fuel On-Chain Asset Expansion BlackRock’s BUIDL product has expanded across multiple chains. Its presence on Solana has added depth to the network’s asset base. The $255 million allocation strengthened Solana’s position in the RWA sector. Ondo Finance’s USDY has also played a major role. USDY accounts for about $175 million in tokenized assets on Solana. The product offers exposure to short-term U.S. Treasury yields through blockchain infrastructure. Solana is on the verge of becoming the third blockchain (after Ethereum and BNB) to surpass $1 billion in tokenized RWAs this month. Driven by the BlackRock BUIDL expansion ($255M) and Ondo USDY ($175M), Solana has transitioned from a retail memecoin hub to the world’s most… pic.twitter.com/dUaJCw4uuZ — Altcoin Buzz (@Altcoinbuzzio) February 20, 2026 Together, BUIDL and USDY represent a large share of Solana’s RWA growth. Their combined value has accelerated the network’s…

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Filed under: News - @ February 20, 2026 10:27 pm