Solana's Negative Sentiment Masks Growing Tokenized Asset Volumes

The Solana ecosystem has seen a record level of negative sentiment towards it in July 2026, according to Santiment's analysis. This comes as trading volumes have dropped to their lowest levels in the past year, which experts say may indicate a shift in market dynamics.

Despite this high level of fear, uncertainty, and doubt (FUD), key metrics for Solana show significant growth. The volume of tokenized assets on the platform increased from $2.69 billion in Q1 2026 to $5.7 billion in Q2 2026. Stacey Moore, founder of Green Dots, notes that the lion's share of current trading volume comes from tokenized assets rather than meme coins.

Moore adds, 'This is probably the most updated story about Solana’s volumes in a long time because real retail trading of assets that people already understand, stocks and ETFs, is happening here, but on faster cryptocurrency rails.'