Although Solana (SOL) has been bearish over the past four weeks, its tokenized equity holders have rocketed over the past two months to a new all-time high (ATH).
On October 26, 2026, Solana had approximately 1,642,142 holders of its tokenized real-world assets (RWA), according to data Finbold fetched from Blockworks.
The holder count of tokenized RWA on the Solana network has rallied parabolically, up fivefold since August 2026. This exponential growth was triggered by regulatory clarity and strong institutional demand in the United States.
Furthermore, the U.S. Securities and Exchange Commission (SEC) has proactively filled the legislative void by issuing key regulatory relief and establishing clear disclosure frameworks for digital asset issuers. Through these measures, the Commission granted temporary exemptive relief, expected to end on September 17, 2031, thereby enabling regulated financial institutions to issue, trade, and settle tokenized securities on permissioned public blockchain rails.
Solana price performance in the midst of tokenization growth
Over the last 30 days, Solana’s price had plunged 15.83%, trading at $101.5 at the time of reporting. As a result, the crypto asset had a market capitalization of $59.69 billion at the time of publication, with its 24-hour trading volume plummeting 9.8% to $1.8 billion, according to metrics from CoinMarketCap.
The token’s bearish sentiment happened amid the surge in tokenized holders on the Solana blockchain. Notably, the network reported $4.86 billion – up 12.97% over the past 30 days – in Distributed Asset Value (DAV), the RWA tokens use the blockchain as a distribution layer, as per updates from RWA.xyz.
Meanwhile, the blockchain’s RWA 30-day transfer volume was up 46.11% to $46.11 billion, at the time of writing.
Consequently, Solana price has faced heightened selling pressure in the recent past despite its rising adoption of tokenized assets.
