Ondo Finance launched more than 200 tokenized U.S. equities and ETFs a move its issuer framed as a major expansion of real‑world assets (RWAs) on chain. The development strengthens Solana’s case as a settlement and tokenization rail and has prompted fresh price forecasts for SOL.
Ondo’s issuance introduced over 200 tokenized U.S. stocks and ETFs that the issuer says are fully collateralized by securities held with licensed custodians, with programmable compliance and dividend handling. The launch made Ondo the largest RWA issuer on Solana, capturing roughly 65% of tokenized RWAs, while Solana accounted for an estimated 38.8% share of the tokenized RWA market, according to the report.
The report linked the expansion to a broader rise in Solana’s RWA TVL, which it stated surged from $500 million in early 2025 to over $1 billion by January 2026. Other technical figures cited include Solana’s throughput capability (up to 5.000 TPS) and transaction fees described as sub‑$0.001 — attributes singled out as decisive for enabling near‑instant, low‑slippage on‑chain trading of traditional securities.
The event matters because it immediately scaled RWA supply on Solana and tightened the link between traditional market liquidity and on‑chain finance, potentially changing how institutional and retail participants access U.S. stocks.
Market positioning, institutional flows and ecosystem effects
The report referenced $1.02 billion in net inflows into U.S.‑listed spot Solana ETPs in 2025 and named ecosystem participants — from exchanges to payment networks — that have been exploring Solana as a settlement layer. Integrations such as DEX aggregation and custody relay use‑cases were presented as immediate avenues for liquidity to interact with tokenized stocks.
The report suggested practical use cases: tokenized blue‑chips serving as collateral in lending markets, instant swaps via DEX aggregators and broader access to dividend mechanics on chain. It also noted the potential for application revenue and institutional adoption to feed back into SOL demand.
But the narrative included implicit risk vectors: reliance on custodial arrangements, regulatory clarity around tokenized securities and the assumption that on‑chain liquidity will scale to match off‑chain markets. Those factors could compress or delay any positive price response.
Drawing from the same analysis, the report advanced an optimistic price path for SOL: a short‑to‑medium‑term target near $500 and a longer horizon projection that a rise above $1.000 by 2030 was conceivable if institutional adoption and RWA liquidity continue to accelerate.
