RWA Value on Solana Chain Reaches $5 Billion
Solana announced that the value of its on-chain real-world assets (RWA) reached $5 billion in October, setting a new historical high. The trading volume on decentralized exchanges was $60 billion, with 14 million addresses holding stablecoins, and the cumulative spending on stablecoin cards reached $1 billion. The Alpenglow consensus protocol was launched on the mainnet on October 21, with a target final confirmation time of approximately 150 milliseconds and a target slot time of 200 milliseconds.
-- Price
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