Solana RWA value tops $5B as Akash Network migration gains 98% support
AI Market Summary
Solana's ecosystem is compounding: Akash Network's 98%-backed migration, RWA value above $5B, Google's institutional custody preview and Backpack's tokenized equities expand both DeFi utility and institutional access. With $900M of 30-day RWA inflows, these developments reinforce Solana's position as the leading venue for tokenized real-world assets, underpinning sentiment toward SOL and ecosystem tokens.
Impact level
● High
Affected assets
SOL/USDT-1.99%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Solana's real world asset ecosystem reached a new high above $5 billion while Akash Network secured 98% support in a governance vote to migrate its protocol to Solana. Alphabet also previewed Google MultiParty Compute, an institutional custody platform for digital assets on Solana. Tokenized equities on the network passed 1.7 million unique holders.