Solana (SOL) Dominates 97% of Stock Trading Market Share...Experts: 'Could Become Stronger Than the Market'

▲ Solana (SOL)

Solana (SOL) began to break out in price in early July. Figures of 97% on-chain stock trading market share, over $3 billion in real-world assets, and 1 billion weekly non-voting transactions were simultaneously observed. Paul Barron noted the possibility that changes in the Solana ecosystem could create a price trend different from the overall cryptocurrency market.

Paul Barron, host of the cryptocurrency YouTube channel Paul Barron Network, stated in a video uploaded on July 8 (local time) that Solana hit a high of approximately $147 in January 2026, then fell to around $62, but a breakout trend appeared on the chart on July 1. He argued, “Signals of decoupling from the market may emerge,” and that changes within the Solana ecosystem should be examined together, rather than just price movements.

The first indicator Barron focused on was stablecoin trading volume. He explained that the adjusted stablecoin trading volume in June recorded $1.79 trillion, with Circle's USDC playing a major role in the increase in transactions. He suggested that stablecoin fund flows are a pillar of Solana network growth, noting that related activities were concentrated on Solana and Base.

Real-world assets and the tokenized stock market were also cited as key evidence. Barron revealed that the value of Solana-based real-world assets has exceeded $3 billion, and its on-chain stock trading market share has reached 97%. He also mentioned the case of Solana issuing assets related to Bending Spoons. He emphasized the potential for expansion of the tokenized securities market by citing the example of a company that owns approximately 50 digital businesses, including AOL, Eventbrite, Vimeo, Evernote, and WeTransfer.

Network usage has also reportedly soared to an all-time high. Solana's weekly non-voting transactions exceeded 1 billion, and the average transactions per second have shown an upward trend since July 2023. Barron pointed to the expansion of perpetual futures-related services such as Jito's JTX and Jupiter, suggesting the possibility of a market forming that could compete with Hyperliquid. Hyperliquid has risen approximately 228% since early 2026, and Barron cited the growth of the perpetual futures market as one of the reasons for the increase.

Barron also discussed ecosystem innovations such as increased net inflows into Solana spot ETFs, applications for '.sol' top-level domains, and auto-rebalancing vaults. He said, “I'm not saying buy Solana right now,” but added, “The Solana community is very active. There could be a situation where it starts to outperform the market, as it has in the past.” He further emphasized that ongoing innovations across the ecosystem should continue to be monitored, rather than just focusing on whether to invest in Solana.

[Key Article Summary]

-The value of Solana-based real-world assets has exceeded $3 billion, and Paul Barron stated that its on-chain stock trading market share has reached 97%.

-Solana's weekly non-voting transactions have surpassed 1 billion, and ecosystem activities related to perpetual futures, tokenized securities, and stablecoins are also expanding.

-Barron said, “I'm not saying buy Solana right now,” but noted the possibility that ecosystem innovations could lead to stronger price trends than the market.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*