🚨 The dawn of tokenized equities on blockchain is here, and @solana is leading the charge. ✍️ In a bold move, @BackedFi launched @xStocksFi on June 30, 2025, introducing over 60 tokenized stocks to both centralized and decentralized platforms—an ambitious step in reshaping digital finance. 💹 The market's response? Electrifying. In just four days, DEXs on Solana saw trading volumes surpass an impressive $20 million, capturing an astounding 95% of the total trading volume across multiple blockchain platforms. Clearly, traders have spoken, and Solana is their preferred stage for tokenized equity trading. 🗓️ On the very first day, enthusiasm surged with $1.3 million in trades. @Strategy's tokenized equity ($MSTRx) initially led, capturing around 30% of volume. Yet, investor preference shifted swiftly. Major players like S&P 500 ($SPYx) and @Tesla ($TSLAx) quickly rose to dominance. Notably, $SPYx surged ahead on July 2, achieving a remarkable daily trading volume of $4.67 million—54% of the day's total trades. 🥇 Yet, even amidst this flux, clear winners emerged. $SPYx solidified its position as the most traded asset, commanding over $7.6 million in cumulative volume—a dominant 37.4% market share. $TSLAx followed with $4.1 million, while @circle's $CRCLx secured third place with $3 million traded. 👥 Investor behavior offered intriguing insights. Unique active wallets peaked impressively above 6,500 on the second day but fell to fewer than 2,900 by day four. Interestingly, despite fewer unique participants, transaction counts soared to over 23,000 trades on July 3. Yet, the journey ahead for tokenized equities on Solana isn't without challenges. Liquidity remains relatively thin in certain pools—an expected hurdle at this nascent stage. However, the initial success and enthusiastic investor participation point toward a promising future, potentially redefining equity trading as we know it. Will tokenized equities sustain this momentum on Solana? Only time—and market liquidity—will tell. Stay tuned. Read the full piece: 👇🔗