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Solana Says October Tokenized Stock Trading Hit $3.9 Billion, Holders Top 500,000

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Summary

  • Solana said tokenized stock trading volume on-chain on its network reached $3.9 billion in October.
  • According to Sunrise data, monthly tokenized stock trading volume surpassed $2 billion, while the number of holders of related assets topped 500,000.
  • Sunrise also said October cumulative trading volume in tokenized stock SPCX exceeded $2 billion.

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Photo: Shutterstock
Photo: Shutterstock

Tokenized stock trading on the Solana network is rising quickly.

Solana said on its official X account on November 2 that on-chain tokenized stock trading on the network reached $3.9 billion in October.

Data from Sunrise, cited by Solana, showed monthly trading volume in tokenized stocks exceeded $2 billion, while the number of holders of related assets topped 500,000. The holder count doubled from the previous month.

Sunrise also said cumulative trading volume in tokenized stock SPCX surpassed $2 billion in October.

#Stock Token

minriver@bloomingbit.ioHello, I'm a reporter at bloomingbit

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