Solana: A new star in the Real Asset Token game?

May 26th Solana: A new star in the Real Asset Token game?

Tokenization of Actual Assets (RWAS) – The process of turning ownership of physical or non-physical properties into digital tokens has a new breeze as Solana begins to emerge as a potential blockchain for RWA applications. Ethereum has long been a “bright star” thanks to its strong infrastructure, a large development community, thanks to early support from major organizations such as JPMorgan and BlackRock, but expansion and high cost restrictions have led many people to seek alternative solutions. Solana has attracted projects like HomeBase and Credix, with eye-opening deals, ultra-low rates and an increasingly mature ecosystem. Liquid networks, on the other hand, are inferior to attracting projects like Mikrokapital, USTBL, Blockstream Mining Note, and there is a traditional Bitcoin philosophy. Midway through this race, Solana positions herself as a terrifying enemy, focusing on Ethereum’s historic role and liquid Bitcoin. There are all the suggestions that the future of real asset tokens will become the world of chains, each platform contributes to its own strengths.

Solana appearing in RWAS tokens

RWAS assets (RWAS) are the process of converting ownership of tangible assets (real estate, goods, etc.) or intangible (such as intellectual property rights) into digital tokens on the blockchain. This technology offers many benefits, including segmentation ownership, global transfer, and rising liquidity of assets that are inherently difficult to access. Not only that, but tokens turn assets into smart programs. This means that compliance, dividends, or management can be automated through smart contracts.

Large financial institutions and pioneering technology companies quickly seized the opportunity as it could optimize asset management, reduce intermediaries, and expand investment opportunities. Platforms such as Bitfinex Securities may even offer opportunities for both securities publishers and investors.

Initially, Ethereum was the brightest star in the RWA field, thanks to its strong ecosystem and flexible programming capabilities. Large organizations such as BlackRock, JPMorgan, European bank debt, securities and commercial assets on this platform. However, due to the high pricing and slower speed issues, many projects have found other options. This is when Solana joined the game with very fast processing speeds, very low fees and increasingly full infrastructure. Projects such as Homebase (Real Estate), Baxus (Luxury Rows), and Credix (Private Credit) are leveraging the power of Solana to test and extend RWAS tokens.

Liquid Network, a Bitcoin Sidechain developed by BlockStream, offers different options compared to Ethereum and Solana. While Ethereum highlights the flexibility of diverse ecosystems and smart contracts, Solana attracts speed and low cost, Liquid focuses on security, minimalism and belief in the original principles of Bitcoin.

Liquid prioritizes the calculation of security contracts and security transactions decisions and executions – all according to the original Bitcoin philosophy. Instead of chasing Defi’s complexities, Liquid focuses on simple, secure and easy audit contracts. This gives you the ideal choice for financial applications that require high reliability, such as Mikrokapital Bonds, the US Department of Treasury, or Bitcoin Mining Agreements.

Compare RWAS tokens with other blockchains

These three platforms represent three different strategies for integrating traditional finance into blockchain. With its rich defi ecosystem, Ethereum remains the first option for large RWA pilots. However, due to the high cost and speed, many developers switch to Layer 2 or 3rd party chains.

With single-shard and token primitive designs, Solana provides the ideal environment for RWA applications that require real-time speed and interaction. Features such as The Extensions Token allow levy to limit transfers, interest rate automation, and integration with rights at the token level.

Meanwhile, Liquid Network focuses on security and simplicity rather than competing for speed or programming capabilities. Features such as security transactions and low-risk financial agreements make them an attractive option for organizations that require strict audits and transparent reporting.

Where is the organization leaning towards?

Currently, large organizations are primarily based on Ethereum, thanks to their stability and legal compliance. However, Solana is gradually gaining attention from new organizations and fintech companies thanks to its ability to meet mass and low latency.

Liquid Network is not very noticeable in large titles, but is very suitable for bilateral markets and securities tokens.

Ethereum is the default choice for large and complex asset structures, but Solana dominates the minds of young developers with RWA applications that require speed and change state. The liquid is quietly active, but still plays an important role in certain cases. Security, simplicity and compatibility with Bitcoin are top priorities.

in short,: Real Asset Token (RWAS) is appearing in the future of chains where Ethereum, Solana and Liquid Network have their own roles. Ethereum is still a big guy on a large, complicated project. Solana stands out for its slow speed and cost, suitable for dynamic applications. With the traditional Bitcoin philosophy, Liquid Network is the ideal choice for security and simple transactions.

This game is not an exclusion battle, it’s an additional story. Each platform continues to assert its place in the world of real asset tokens and creates a diverse and potential ecosystem.

Don’t forget to follow the bitfinex Vietnam Community telegram, Twitter & Facebook To update articles, information and events as soon as possible!