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Real-World Assets on Solana: Parcl’s $100M Daily Volume Milestone

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By on December 28, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Real-World Assets on Solana: Parcl’s $100M Daily Volume Milestone appeared first on Coinpedia Fintech News

Parcl, a decentralized real estate trading platform on Solana, achieved a record $100 million daily trading volume on December 26, with its Miami Beach index contributing $47 million. This milestone marks a turnaround after a slow start following its Token Generation Event (TGE). Parcl’s weekly transactions surged to over 16,000, five times Q3 levels, signaling a renewed interest in Real-World Assets (RWA). The platform plans to sustain momentum with a January trading competition offering $258,000 in rewards. This growth highlights Solana’s potential as a hub for RWA innovation in 2025.

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