Solana just keeps winning.
The latest numbers are in, and they’re not even close: Solana now commands 99% of all tokenized stock trading volume across every major blockchain.
For the past four months (July through October 2025), Solana has held >95% market share every single month, completely eclipsing Ethereum, Base, Avalanche, Arbitrum, Gnosis, Sonic — every L1 and L2 combined.
The data, compiled by Syndica and covering the three largest tokenized stock platforms (xStocks, Dinari, and Backed), shows the shift was swift and decisive.
Earlier in 2025, Avalanche and Base still had meaningful slices. By mid-year, Solana began its takeover, and from August onward it has been effectively game over.
This isn’t just retail pump fun — this is institutional-grade Real World Asset (RWA) volume. Tokenized versions of actual equities (Apple, Tesla, Nvidia, etc.) are now overwhelmingly choosing Solana for issuance and trading.
Why? Simple:
- Near-zero fees
- Sub-second finality
- Massive liquidity pools
- Composer tools and DeFi primitives that actually work at scale
While other chains struggle with high gas or slow confirmation times, traders and institutions are voting with their volume — and the result is a 99% clean sweep.
Four straight months above 95%. That’s not dominance. That’s monopoly territory.
And with the RWA narrative only getting started, Solana’s first-mover advantage in high-throughput, low-cost tokenized securities looks practically unassailable right now.
The original post from SolanaFloor says it best: Solana continues to outperform all L1 and L2 chains combined.
Other chains, it’s time to step up — because right now, it’s not even a competition.