SolanaFloor Q3 Report: DeFi Bounces Back, Tokenized Asset Volume Up 498%
- —Tokenized asset trading volume on Solana rose 498% YoY and 38.8% QoQ
- —xStocks held 48% of quarterly tokenized equity market share, Backpack 46%
- —Memecoin volume reached $57.6 billion, 29% of all DeFi volume on the network
- —DeFi TVL recovered to $6.57 billion; over 14 billion transactions in the quarter
Why it matters: The report shows Solana's onchain activity and app revenue recovering to 2025 levels even as the SOL price lags its previous peaks.
Source: SolanaFloor