Tokenized $GRND tops prior-day U.S. stock volume as Solana sees 63% of equity trading after hours and holder addresses pass 727K
AI Market Summary
Solana's tokenized equity ecosystem shows accelerating adoption: 20+ tokenized stocks launched via Sunrise/Backpack Securities, tokenized GRND posted $31M in 24h exceeding prior-day U.S. market volume, and 63% of activity occurred after the U.S. close. Holder addresses surpassed 727K and supply hit $684M. The Stocklana hackathon and a Washington policy summit with SEC leadership increase visibility and regulatory attention.
Impact level
● Medium
Affected assets
SOL/USDT+0.25%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Solana’s on-chain market for tokenized equities posted a milestone as more than 20 stocks—including NKE, GRND, HTZ and DKNG—went live on the network via Sunrise and were issued by Backpack Securities. Tokenized $GRND recorded more than $31M in trading in its first 24 hours, exceeding its previous day’s U.S. market volume. The update also said 63% of tokenized equity trading took place after the U.S. closing bell and holder addresses surpassed 727K. Solana also announced a $100K-prize tokenized equities hackathon, Stocklana, and a Washington x Wall Street Summit scheduled for Sept. 14 featuring SEC Chair Paul Atkins and Commissioner Hester Peirce.
