Annual market-cap gains measure change over time, not each network’s total share of tokenized funds.
Over the past year, tokenized-fund market capitalization increased by $1.8 billion on Solana, $3 billion on Stellar and $3.7 billion on BNB Chain. Stellar’s gain trailed BNB Chain’s by $700 million, while Solana’s was $1.9 billion lower.
A tokenized fund is a financial product represented on a blockchain. The structure can let investors hold fractions of a fund rather than a full unit.
In an earlier snapshot covering 33 networks, Ethereum held 47.1% of a $34.2 billion tokenized-fund market, while BNB Chain accounted for 13%. The earlier breakdown of tokenized-fund market shares compares the networks’ overall positions.
