The chain structure of Solana is changing. The latest data show that for the first time, monetized assets have surpassed memecoin and become one of the more active segments of the network ' s spot-on-day transactions, with monetized stocks being the main driving force behind this round of growth.
The share of monetized assets rose to 17 per cent
According to Blockworks, monetized assets currently account for 17 per cent of the daily spot transactions in Solana, corresponding to approximately $345.3 million, a marked increase from 11 per cent the previous day and a new high. The share of memecoin, previously the dominant trade, has been reversed by monetized assets.
Currencyized stocks 24 hours a day, high turnover.
According to Jupiter Terminal, Solana ' s last 24-hour transactions reached $644 million, updating historical highs. Of these, particularly active are tokens of monetization of SpaceX stocks and monetization of glossy stocks.
The main platforms for trade growth are Backpack Security and Sunrise. On June 22nd, two companies went online to account for luminous shares, coded US$ MU, at a point close to the Quarterly Press release. Prior to that, the introduction of tokenized SpaceX products by both sides had led to a rise in temperature in the market.
On 24 June, the parties went online to monetize Sandisk shares in US$SNDK and provided 24/7 transactions on Solana. This series of innovations further boosted the trade-off for monetized stocks.
Solana RWA Synchronizes
According to rwa.xyz data, the total ecological value of Solana ' s RWA has risen to about $3.33 billion, which is also a new high; for the first time, the number of wallets holding related assets exceeded 290,000. The data reflect that some traders are moving from highly volatile memecoin to monetized financial products such as stock chains.
Partially concluded quality triggers discussion
However, the recent rapid increase in the volume of transactions also raises questions about the quality of transactions. The article mentions that the recent significant increase in the dynamism of the competitors xStocks, especially in weekend transactions, shows that competition on the Solana monetization track is increasing.
Chain data show that some of the assets under the xStocks flag are traded at a relatively limited level of liquidity. For example, Solscan shows that the turnover of $NVDAx in a Raydium pool exceeds $547.7 million, but the liquidity of the pool is only about $306 million; another $SPYx pool on Orca recorded approximately $21 million and liquidity about $170 million.
This high turnover means that part of the deal may come more from active marketing or trade incentives than from the purely natural demand. The XStocks Trading Competition, which was launched on June 17, is also considered to be one of the reasons for the recent trade-off. According to xStocks, as of 22 June, the event had generated $850 million in transactions on Solana.
Nevertheless, the article also notes that the overall increase in transactions of monetized assets over the past six months has been maintained, suggesting that this round is not entirely driven by short-term incentives. As the chain of stock products continues to grow, Solana's market narratives are moving from memecoin to RWA and tokenized securities expansion.