Tokenized credit on Solana hits record $1.2 billion
- —Tokenized credit on Solana grew from $1 billion to $1.2 billion in under two weeks
- —$595 million of the $1.2 billion is deployed in lending protocols as collateral
- —Solana added $476.3 million year to date, 41% of growth across all chains
- —Solana's RWA market was valued at $4.37 billion, including $1.52 billion in tokenized treasuries
Why it matters: Parking half of tokenized credit in lending venues ties Solana closer to traditional debt markets and adds liquidation risk if underlying loans sour.
Source: Crypto Briefing