$SOL tokenized real-world assets (RWAs) hit $873 million by late December 2025, surging nearly 10% month-over-month and capturing institutional spotlight with US Treasury-backed products like BlackRock's BUIDL fund at ~$255 million and Ondo's USD Yield at ~$176 million leading the charge, alongside tokenized stocks such as Tesla and NVIDIA. Six Solana ETFs approved in October 2025 drew $765 million in inflows, enhancing credibility for regulated offerings, while holder counts rose 18% to 126,236 and onchain revenue exceeded $110 million in 30 days, outpacing competitors despite $SOL trading around $125. Looking to 2026, Galaxy Research projects Solana's Internet Capital Markets reaching $2 billion, fueled by potential US CLARITY Act passage and launches like Western Union's stablecoin remittance platform for 150 million users.

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