Overview
- Rob Hadick argued that no single chain can handle all on-chain activity, saying "you can’t just have one blockchain" as tokenization accelerates.
- Data from RWA.XYZ places about $183.7 billion in on-chain assets on Ethereum versus $15.9 billion on Solana, reflecting their different roles in the market.
- Ethereum is described as the core settlement and stablecoin hub, while Solana is optimized for high-volume, low-fee trading flows.
- Tokenized real-world assets surpassed roughly $23 billion in 2025, underscoring rapid growth in on-chain finance even as adoption remains early.
- Businesses are shifting workloads to fit needs, with Sorare announcing a move from Ethereum to Solana, and institutions exploring tokenized products as research points to 5–8% allocations by 2026 alongside ongoing regulatory and technical risks.