Four tokenized assets in the Solana ecosystem have surpassed a market capitalization of $500 million. Notably, Paxos, a compliant issuing institution, plays an important role—two of these assets are supported by Paxos as the issuer. This reflects that on the Solana chain, institutional-level tokenized assets are becoming a new driving force for ecosystem growth.
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SolidityJester
· 58m ago
Paxos is back in the spotlight; how high-quality must these two assets be?
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CryptoHistoryClass
· 7h ago
paxos getting 50% of the tokenized asset pie on solana? *pulls up 2017 charts* ...this is exactly how the institutional adoption narrative started before everything went sideways. history doesn't repeat, but man does it rhyme.
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TokenAlchemist
· 7h ago
paxos really cracked the code here... two out of four crossing $500m? that's not luck, that's inefficiency vectoring finally working in someone's favor. solana needed institutional-grade assets to stop bleeding alpha to ethereum's legacy stack. ngl the arbitrage surface here is getting interesting
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JustHodlIt
· 7h ago
Paxos, seize the opportunity! It’s almost taking over half of the Solana ecosystem.
Four tokenized assets in the Solana ecosystem have surpassed a market capitalization of $500 million. Notably, Paxos, a compliant issuing institution, plays an important role—two of these assets are supported by Paxos as the issuer. This reflects that on the Solana chain, institutional-level tokenized assets are becoming a new driving force for ecosystem growth.