Apple, Nvidia, and Tesla Shares Now Trade on Solana: Why Did Securitize Choose Solana Over Ethereum?

SOLANA SURPRISES ETHERUM: Why Securitize Chose Solana for Apple, Nvidia, and Tesla Tokenization

Introduction

Securitize has made waves by launching tokenized stocks on Solana, starting with 12 U.S. companies including well-known names like Apple, Nvidia, and Tesla.

Why Solana?

Securitize chose Solana for near-zero fees and second-fast settlements, making it better suited for high-frequency stock trading. While Solana holders may gain a reputational boost with minimal direct price benefit, the company's decision reflects an effort to match each product with the most suitable network.

Tokenization on Solana

Each token is backed 1:1 by one share, and after the announcement, Securitize's stock surged over 10%. Securitize also tokenizes assets on Ethereum, so choosing a network was a significant decision.

Impact on Ethereum

Despite the buzz around the launch, Ethereum did not see a surge in price. ETH has declined 9.1% over the week, and the token was trading at $110 on October 9, reflecting a 4% drop in 24 hours and a 9.6% drop over the week.

Trading on Solana

Trading stocks often involves many small orders, and each blockchain transaction incurs a network fee. Solana is known for quick transaction confirmations—taking just a few seconds—and typically charges only a fraction of a cent per transfer. In contrast, Ethereum has historically charged higher fees per transaction, which is more suited for less frequent transactions.