Solana Emerges as Contender In Real World Asset Tokenisation?
The tokenisation of real-world assets (RWAs), the process of representing ownership of physical or even intangible assets via digital tokens, is undergoing a notable shift as Solana gains traction as a new blockchain for emerging RWA applications. While Ethereum has traditionally been the dominant platform due to its extensive infrastructure, developer base, and early adoption by institutions like JPMorgan and BlackRock, its limitations in scalability and cost have prompted a pivot. Solana, with its high throughput, low transaction fees, and rapidly maturing ecosystem, has attracted projects such as Homebase and Credix, which require efficient, real-time asset interaction. Amid the fray is also the Liquid Network, which has also had success in attracting projects such as MikroKapital, USTBL and the Blockstream Mining Note, and which is more conservative and purpose driven and embodies the principles of Bitcoin. As institutions explore scalable alternatives, Solana is positioning itself as another credible complement to Ethereum’s legacy role, and Liquid’s Bitcoin focused approach, offering performance advantages for operationally intensive and cost-sensitive RWA deployments. This evolving landscape suggests a growing multi-chain future for asset tokenisation, shaped by the differing strengths of each platform.