Solana Tokenized Stock Trading Hits $657M Daily Volume
Key Facts
Tokenized stock trading volume on the Solana network reached a record $657 million in a single day. According to coinpaper.com, the Backpack platform accounted for 91% of the total volume, generating $598 million in transactions during the period.
The surge is driven by the expansion of on-chain equity markets and the increasing adoption of Real World Assets (RWA) on the Solana network. The figures highlight a significant concentration of liquidity within a single platform, with only $59 million in volume attributed to other market participants.
Latest Updates · 1
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Update: The Dialect team launched the Leap beta app for iPhone users on November 5, 2026. The application enables the trading of tokenized stocks, ETFs, and metals alongside cryptocurrencies directly on the Solana network.