Solana's onchain tokenized commodity supply reached a new high of $63.2 million, surpassing the previous peak of $50.5 million set in August 2026. Gold-backed tokens like PAXG and GLDx lead the market, while newer silver tokens such as SILV have also gained traction. Trading activity remains robust, with weekly volumes exceeding total supply, indicating active trading rather than token holding. Most trading occurs on decentralized exchanges like Raydium, which dominates about 70% of Solana's commodity trading volume. Despite this growth, Ethereum still dominates the overall tokenized commodity market with a 95% share. The rise in Solana's real-world asset tokens highlights growing DeFi adoption but also reflects market volatility and concentration risks.
Solana's tokenized commodities supply reached a record $63.2 million as of Oct 29, 2026 17:53 WIB. For readers following the broader cryptocurrency market on Pluang, 7 of 50 major cryptocurrencies rose while 42 fell today. Notable movers include THETA at Rp3.147 with a 1-day change of -3.82% and a typical hold time of 78 days, GRT at Rp397 down 3.76%, and ALGO at Rp1.818 down 3.55%, with THETA showing 100% sell order activity.
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