Singapore's OCBC Issues Solana Gold Token, Bitcoin Layer 2 May Become Next Stop for RWA

According to BroadChain, at 22:16 on April 21, CryptoNews reported that OCBC, one of the largest financial institutions in Southeast Asia, has partnered with Lion Global Investors and digital asset exchange DigiFT to launch the institutional-grade gold token GOLDX on Ethereum and Solana. The token is pegged to the LionGlobal Singapore Physical Gold Fund, which had approximately $525 million in assets under management as of April 16. Institutional investors can subscribe using stablecoins or fiat currency and directly receive the on-chain tokens. The transaction volume of gold tokens on the Solana blockchain has surged by 290% to 25.5 million tokens amid optimistic expectations for the "CLARITY Act." The total value of tokenized real-world assets on public blockchains currently exceeds $29 billion, with growth exceeding 10% over the past 30 days. Market structure analysis indicates that SOL price has found support in the $78-80 range, but faces a resistance ceiling at $92-95. A breakthrough above this range is necessary to open up upward potential toward $110. Meanwhile, the lack of native smart contract functionality on Bitcoin is creating new infrastructure opportunities. The Bitcoin Layer 2 project Bitcoin Hyper (HYPER), which integrates the Solana Virtual Machine, claims to achieve sub-second smart contract execution. Its presale has raised $32.466 million, with the token currently priced at $0.0136789. Although presale projects carry risks such as unverified liquidity, Solana's success in capturing the institutional tokenization narrative has led the market to focus on which Bitcoin Layer 2 project will capture the next wave of RWA growth.