Solana: On-chain Real-World Asset Value Reaches $5 Billion in October

on November 6, disclosures from the Solana project team revealed that in October, its on-chain real-world assets (RWA) value reached $5 billion, setting a new all-time high; decentralized exchange trading volume hit $60 billion, and the number of addresses holding stablecoins reached 14 million.

Cumulative stablecoin card spending around the same period reached $1 billion. Solana noted that the Alpenglow consensus protocol was launched on the mainnet on October 21, aiming for a transaction finality time of approximately 150 milliseconds and a slot time of 200 milliseconds.