Solana Says October Tokenized Stock Trading Reached $3.9 Billion, Holders Topped 500,000
Minseung Kang
Summary
- Solana said October on-chain tokenized stock trading volume reached $3.9 billion.
- According to Sunrise data, monthly trading volume for tokenized stocks exceeded $2 billion, while the number of holders of related assets surpassed 500,000.
- It also said the number of related asset holders doubled from the previous month, and October cumulative trading volume for tokenized stock SPCX also exceeded $2 billion.
Forecast Trend Report by Period
Tokenized stock trading on the Solana network is increasing rapidly.
Solana said in a post on its official X account on November 2 that on-chain tokenized stock trading volume on the network reached $3.9 billion in October.
According to Sunrise data cited by Solana, monthly trading volume for 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 October for tokenized stock SPCX surpassed $2 billion.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.