Solana and Cardano Charge Into RWA—Wall Street’s Blockchain Takeover Begins
Solana (SOL) and Cardano (ADA) are making aggressive moves into real-world assets (RWA), threatening to turn traditional stock trading into a blockchain afterthought. Here’s how they’re rewriting the rules—and why legacy finance is sweating.
Speed vs. stability: Solana’s high-throughput blockchain cuts settlement times to seconds, while Cardano’s methodical approach lures institutional players. Both chains now target tokenized stocks, commodities, and—ironically—the same assets TradFi has paper-shuffled for decades.
The cynical twist? Banks that mocked crypto now scramble to patent their own ’innovative’ tokenization tech. Too little, too late—the chains that survived the bear market aren’t asking for permission.
Solana for US Stock Trading?
Per a recent Bloomberg report, Robinhood is eyeing the Solana and Arbitrum chains to bring US stock trading to European nations. The report further states how this venture will likely be launched in a partnership with the digital asset firm, people familiar with the matter told Bloomberg. The sources further shared how Solana and Arbitrum are two top contenders being considered to onboard this new change, revolutionizing the RWA expansion within the cryptocurrency domain.
The discussions are currently in the preliminary stage and are yet to be finalized, as the report later added.
While everyone’s focused on Jerome Powell, Robinhood is evaluating whether to use Solana or Arbitrum as the backbone of a new service that will let European retail investors trade US stocks.
The long-term outlook for crypto is dependent on crypto-specific fundamentals, not 25bps… pic.twitter.com/jj4VK68oXY
ADA for Stock Trading?
A similar narrative is also gaining steam within the Cardano (ADA) circuit. Cardano is all set to launch Midnight, a sidechain that is eyeing real-world tokenization as one of its mainstream goals. Per a recent interview by Cardano’s founder, Charles Hoskinson, Midnight is targeting a $100 trillion market opportunity of bringing ambitious stock trading on blockchain, particularly Midnight.
Midnight also boasts a Stellar blockchain infrastructure prioritizing data security and safety.
BREAKING NEWS:
CARDANO ’S MIDNIGHT IS A $100 TRILLION MARKET OPPORTUNITY@IOHK_Charles says #Midnight, Cardano’s privacy sidechain, was built to bring stocks and real-world assets on-chain.
“You need privacy, programmability, RWA standards, and cross-chain trading, That’s… pic.twitter.com/b2mvpxp6n8