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Tokenized Gold Lands on Solana: Is Bitcoin Layer 2 Next For RWA Boost?

OCBC has launched GOLDX, a tokenized, institutional-grade gold fund on Ethereum and Solana, bringing a $525M underlying physical-gold fund on-chain and enabling subscriptions in fiat or stablecoins. The move underscores accelerating RWA tokenization — total tokenized RWAs now exceed $29B (up >10% in 30 days) — and follows a 290% surge in Solana tokenized-gold volume (25.5M tokens). Markets view this as supportive for on-chain gold liquidity and infrastructure demand for Solana and Ethereum, but the article warns SOL remains range-bound ($78–80 support, $92–95 resistance) and needs a clear breakout to target ~$110. It also highlights demand for Bitcoin-native programmability via Layer-2s (e.g., Bitcoin Hyper), which has raised ~$32.47M in a presale, suggesting RWA growth will spur cross-chain and L2 infrastructure competition. Overall market impact: positive for tokenized gold liquidity and blockchain infrastructure, but near-term SOL price action is mixed and range-limited.

Category

Gold

Sentiment

Mixed

Event

Institutional outlook

Reading time

1 min