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BitGo, Jupiter Plan Solana Validator as RWA Value Hits $5.19B

TokenPost reports BitGo and JupiterExchange are planning an institutional-grade Solana validator as the network's RWA value hit $5.19 billion on Oct. 29, up 20.75% in 30 days.

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BitGo and JupiterExchange are planning to launch an institutional-grade validator on Solana, according to TokenPost. The outlet paired the announcement with figures on Solana's real-world asset footprint, reporting that the network's distributed RWA value reached $5.19 billion on Oct. 29, up 20.75% over the preceding 30 days.

TokenPost's Oct. 29 snapshot counted 3,504 listed assets on Solana, though the outlet did not say whether that count covers every asset contributing to the $5.19 billion total or just a portion of it. No launch date or technical specifications for the BitGo-JupiterExchange validator were disclosed in the report, leaving unclear what the project will deliver beyond its institutional-grade description.

The validator plan and the RWA growth figures were reported together by TokenPost without further explanation of how the developments relate beyond both involving the Solana network. There is no confirmed timeline from either company for when the validator might become operational, and TokenPost's report left open whether the asset count and the dollar value draw from the same underlying dataset.

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News, not financial advice. Memecoins carry substantial risk. Market snapshots can change quickly. This story was produced by the Block FOMO desk with AI assistance and checked against its sources. Editorial policy.