According to @CoinMarketCap, tokenized US Treasury products have expanded about 50x since early 2024 to nearly $7 billion in total market cap, based on Token Terminal data. Token Terminal data cited by @CoinMarketCap also shows BlackRock's BUIDL fund is the largest vehicle with close to $2 billion in AUM, per Token Terminal.

According to Santiment, the announcement of GameStop and BlackRock integrating Bitcoin and launching yield-bearing tokenized treasury funds on Solana has generated significant bullish sentiment on social media. This development is particularly noteworthy for traders considering Solana's position as the fifth largest market cap asset, indicating potential upward price movement driven by institutional involvement. Sources from social media platforms highlight a surge in positive discussions around Solana, which could influence trading strategies and market forecasts.