{"id":8146,"date":"2025-08-18T20:24:17","date_gmt":"2025-08-18T20:24:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-rwas-grow-reach-390m-up-124-ytd-messari-report\/"},"modified":"2025-08-18T20:24:28","modified_gmt":"2025-08-18T20:24:28","slug":"solana-rwas-grow-reach-390m-up-124-ytd-messari-report","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-rwas-grow-reach-390m-up-124-ytd-messari-report\/","title":{"rendered":"Solana RWAs grow reach $390M, up 124% YTD: Messari report"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">A quarterly report by Messari shows a significant rise in RWAs on Solana, as BlackRock, Apollo expand funds. <\/p>\n<div id=\"cn-block-summary-block_132a7d18340331d9e5944f468a878c14\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>RWAs on Solana rise 124% YTD, to $390 million<\/li>\n<li>Solana\u2019s DeFi TVL rose to $8.6 billion, rising 30% QoQ<\/li>\n<li>Staking and liquid staking are on the rise, with 12% liquid staking penetration <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana\u2019s (SOL) ecosystem continues to expand, while some metrics remain mixed. On Monday, August 18, Messari Protocol Services released a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/messari.io\/report\/state-of-solana-q2-2025\" target=\"_blank\">quarterly report<\/a> on the state of the Solana network. The report shows a significant increase in DeFi TVL and real-world assets, despite a drop in app revenue. <\/p>\n<p>One of the fastest-growing segments for Solana was real-world assets. RWA value on Solana rose 124% year to date, and has reached $390 million. Leaders in this category remained Ondo Finance\u2019s USDY, backed by U.S. Treasuries, and with a market cap of $175.3 million. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>For one, Solana\u2019s DeFi total value locked rose 124% over a yearly period, reaching $8.6 billion. This makes the Solana ecosystem the second-biggest after Ethereum (ETH). The leading protocol remains Jito Labs liquid staking platform, with $2,87 billion in TVL. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">DeFi TVL of top eight Solana-based protocols | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/solana.messari.io\/\" target=\"_blank\">Solana Portal<\/a>, Messari <\/figcaption><\/figure>\n<p>Sanctum, a newly launched liquid staking platform, managed to capture $2.18 billion in revenue just days after launch. Accompanying this rise was a significant increase in staked SOL, at $60 billion, a 25% QoQ increase. What is more, liquid staking penetration rose to 12%, with jitoSOL remaining in the lead. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">On-chain revenue drops 44% QoQ<\/h2>\n<p>Despite strong growth in DeFi TVL and staking, not all metrics were positive. Notably, apps registered 44% less revenue compared to the last quarter, falling to $576 million. The leader in revenue generation remains Pump.fun, with Axiom in the second place.   <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"578\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1755548657_188_Solana-RWAs-grow-reach-390M-up-124-YTD-Messari-report.png\" alt=\"Application revenue on Solana, broken down by platform\" class=\"wp-image-14406530\"><figcaption class=\"wp-element-caption\">Application revenue on Solana, broken down by platform | Source: Messari<\/figcaption><\/figure>\n<p>Despite a fall in app revenue, the share of revenue captured by applications grew from 126.5% to 211.6%. Validator fees fell even less, partially due to the new Alpenglow consensus protocol, which cuts validator costs.   <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A quarterly report by Messari shows a significant rise in RWAs on Solana, as BlackRock, Apollo expand funds. Summary RWAs on Solana rise 124% YTD, to $390 million Solana\u2019s DeFi&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8146"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8146\/revisions"}],"predecessor-version":[{"id":8148,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8146\/revisions\/8148"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8147"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}