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Tokenized commodities on Solana hit $87M weekly volume, led by Raydium's 70% trading share.

Protocol Fundamentals
23 Sep 2026
Crypto Briefing
View Source
Bullish
Tokenized commodities on Solana hit $87M weekly volume, led by Raydium's 70% trading share.

Tokenized commodities trading on the Solana blockchain reached $87 million in weekly volume, with Raydium, Solana's largest decentralized exchange, accounting for 70% of this activity. The supply of tokenized gold on Solana surged 689% year-over-year, highlighting strong growth in on-chain commodities. New trading options like 24/7 perpetual contracts for gold, silver, and crude oil, along with lending protocols accepting tokenized gold as collateral, are expanding Solana's real-world asset ecosystem. Despite Ethereum's dominance, Solana is carving out a growing niche in tokenized commodities and real-world assets in 2026.

As of Sep 23, 2026 19:21 WIB, Solana (SOL) trades at Rp2.077.111 with a slight 0.75% decline over one day, while PAX Gold (PAXG) stands at Rp76.763.267, down 0.78%. Despite the recent small drops, Solana's market cap of Rp1.220,42 trillion dwarfs PAXG's Rp33,33 trillion, reflecting Solana's larger ecosystem scale. The strong weekly volume of $87 million in tokenized commodities on Solana highlights growing interest in assets like PAXG, which has a 24-hour volume of Rp3,42 trillion on Pluang as of the same time.

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