“Solana is becoming the main hub for tokenized real-world assets,” analysts note, despite the cryptocurrency’s weak performance over the past year. While SOL has shown the worst result among the top 10 crypto assets, interest in the blockchain is growing thanks to a new direction — issuing tokens backed by real assets.

“The number of holders of such assets has increased by 1,281%, and the total volume has reached $479 million,” reports say. Tokenized stocks of Tesla, Nvidia, and Palantir are already being traded on Solana, and now BioSig Technologies is preparing to invest up to $1.1 billion in gold and issue its own gold-backed tokens on Solana.

As experts emphasize, “lightning-fast speed and low fees make Solana an ideal platform for new financial solutions.” And although it has shown no growth over the year, its role in the world of digital assets may change dramatically.