In 2025, few trends on Solana have grown as rapidly as the rise of real-world assets (RWAs). From stablecoins to staking tokens, the network has become a key player in bringing traditional finance into the world of decentralized trading. The latest surge in interest: tokenized equities—digital representations of major stocks like Tesla and NVIDIA—are gaining serious traction on Solana.
Solana Dominates the Tokenized Equity Market
Over the past 30 days, Solana has handled 95.6% of all tokenized stock trading volume on decentralized exchanges (DEXs), making it the leading blockchain for this new asset class. Gnosis followed with just 1.98%, while Ethereum captured 1.83%.
The only notable exception was on September 26, when Ethereum briefly surged to over 30% market share—though Solana still maintained a strong 67%. On all other days, Solana’s dominance remained above 89%.
From One Platform to a Competitive Sector
Until recently, xStocks was the only platform offering tokenized stocks on Solana. That changed with the September launch of Remora Markets, which transformed the space from a single-player experiment into a growing, competitive sector.
Trading Volumes on the Rise
Trading activity on Solana’s tokenized stock platforms has climbed steadily. Over the past month, daily volumes ranged between $570,000 and $6.1 million, with total volume exceeding $70 million. While xStocks still leads in total activity, Remora has added new momentum—hitting a high of $605,000 in daily volume on September 16, just weeks after launch.
Despite being live 24/7, trading activity reflects traditional market behavior, with noticeable dips on weekends—suggesting crypto traders still follow familiar financial rhythms.
Tesla Tops the Charts
Among all listed stocks, Tesla dominates tokenized trading. Its tokens—$TSLAx on xStocks and $TSLAr on Remora—regularly account for between 30% and 83% of daily volume.
Traders are increasingly using these tokens for arbitrage opportunities, taking advantage of price gaps between on-chain markets and the traditional stock price. On September 18, for example, $TSLAr traded at $299 while Tesla’s stock closed at $416, presenting a 37% spread. Similar opportunities appeared with $TSLAx, which traded at $295 while the stock price stood at $347, before rebounding to $382.
Growth in Assets and Adoption
The tokenized equity space on Solana is still young but growing fast. xStocks currently manages over $88 million in assets, while Remora has surpassed $3.5 million AUM in just one month.
Adoption is also accelerating. In the past 30 days, over 1,800 wallets traded on Remora alone, completing more than 10,000 transactions. Daily active traders across both platforms range between 600 and 2,300, with xStocks hitting a peak of 2,200 and Remora crossing 260 in a single day.
Why It Matters
Tokenized equities on Solana offer 24/7 access to some of Wall Street’s biggest names, with no KYC requirements or regional restrictions. This open access does more than expand opportunity—it brings DeFi tools like arbitrage, yield farming, and liquidity pooling into traditional markets.
The blending of traditional finance (TradFi) with decentralized finance (DeFi) could be one of Solana’s most impactful innovations to date.
Looking Ahead
With more than $70 million in monthly volume, tokenized stocks are emerging as a credible new market on Solana. Just as stablecoins and staking tokens reshaped the network’s DeFi landscape, tokenized equities are now poised to become the next big wave.
Featured image from: reddit.com