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

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

During the same period, cumulative spending via stablecoin cards reached $1 billion. Solana stated that the Alpenglow consensus protocol went live on mainnet on October 21, with a target transaction final confirmation time of approximately 150 milliseconds and a target slot time of 200 milliseconds.

Source: TechFlow