Key Points
Solana (CRYPTO: SOL) has recently disappointed investors. It’s down 1% over the last year (as of July 30), which looks particularly poor considering that crypto has been in a bull market. In fact, out of the top 10 cryptocurrencies by market cap, Solana has performed the worst over the last year.
But circumstances can change quickly in the crypto market, and Solana has a new use case that could help it rebound.
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Solana is a hotspot for tokenization
This year, Solana has seen rapid growth in tokenized real-world assets (RWAs). These are crypto tokens on a blockchain that represent a physical asset or a financial instrument. For example, you can buy tokenized equities on Solana that are equivalent to stock shares. The selection of equities is a lot smaller than what…
