**[Chairperson of Solana Foundation: Capital, Assets, and Ownership Are Entering a "Token Supercycle"]** BlockBeats News, September 2 — Lily Liu, Chairperson of the Solana Foundation, published an article stating that capital, assets, and ownership are migrating toward 24/7 internet infrastructure, forming a long-term "token supercycle." Tokenization is not just about moving assets onto the blockchain; it also transforms the assets themselves, enabling value to be issued, held, financed, and traded in markets that never close. She believes that stablecoins have already demonstrated how capital can flow globally on-chain, financial institutions are driving asset tokenization, and blockchain infrastructure is beginning to meet the speed and cost requirements of real-world economic activities. Additionally, AI economic agents require programmable currencies. When these factors converge, any value with clear ownership could potentially be tokenized, gaining broader distribution, financing, and trading channels. Over the past year, the scale of Real World Asset (RWA) transactions on Solana has reached hundreds of billions of dollars, covering tokenized U.S. Treasury bonds, stocks, and private credit. During the same period, stablecoin transfer volumes exceeded $4.7 trillion. Liu stated that tokenization can also enable more investors to overcome geographic, minimum investment, and qualification barriers, while allowing held assets to be used as collateral or to generate yield. Although the current on-chain market size remains far smaller than traditional markets, the related infrastructure has the potential to reach 5.5 billion internet users worldwide in the future. [Original Link]