Ondo Finance Bridges to Solana: Will the Next RWA Boom Be Built on This Meme Coin Hub?
Ondo Finance Moves to Solana: Big News for Real-World Asset Tokenization
Ondo Finance, one of the leading projects in tokenized real-world assets (RWAs), has officially bridged to Solana. This move brings its yield-bearing USDY asset and Decentralized Verifier Network (DVN) to a blockchain known for meme coin dominance and blazing speed.
Why Solana?
Solana boasts:
- Faster transaction speeds
- Lower gas fees than Ethereum
- A growing DeFi and meme coin community
This makes it fertile ground for RWAs that require scalability and liquidity.
USDY Already Gaining Traction
USDY is a tokenized version of U.S. Treasuries, offering 4.25% APY to non-U.S. users.
USDY Stats (May 2025):
| Chain | TVL | Active Users |
|---|---|---|
| Solana | $160M | 14,500+ |
| Ethereum | $115M | 9,800 |
Ondo Chain & DVN: Building Institutional Bridges
Ondo’s own permissioned layer-1, launched in Feb 2025, ensures regulatory compliance and gives institutions a safe entry into DeFi.
With the DVN on Solana, users can now connect across:
- Ethereum
- Mantle
- Arbitrum
- Ondo Chain
This increases interoperability and trust.
BlackRock’s Moves Hint at What’s Next
BlackRock’s BUIDL fund also transitioned to Solana in March 2025. Ondo’s move follows this path — reinforcing Solana’s appeal to institutional finance.
Can ONDO Token Benefit From This?
ONDO is under pressure after Q1 losses, but with institutional momentum building, sentiment may shift.
- OUSG fund: $420M AUM
- USDY yield: 4.25%
- ONDO current price: down 17% YTD
If demand rises and Solana delivers network effects, ONDO could ride the next RWA wave.
Final Thought: Meme Coins to RWAs — Solana Evolves
Solana is no longer just a playground for meme coins. With projects like Ondo and BlackRock making strategic moves, Solana could emerge as the institutional DeFi backbone of the next bull cycle.
