Backpack’s SPCX leads Solana SpaceX stock-token trading as BP jumps 27%

Jupiter data shows Backpack’s SPCX reached $37.5 million in 24-hour volume among multiple SpaceX stock tokens on Solana, while Backpack’s BP token rose 27% after the debut drew attention to tokenized equities.

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Summary

Backpack’s SPCX token recorded $37.5 million in 24-hour trading volume, making it the most actively traded SpaceX stock token on Solana according to Jupiter data, as multiple provider-issued SpaceX stock tokens trade on the network. Following the SpaceX stock debut on Solana, Backpack’s BP token rose 27%, highlighting growing market interest in tokenized equities and onchain stock exposure.

Terms & Concepts
  • stock token: A blockchain token tracking an equity-like asset.
  • tokenized equities: Traditional stocks represented as blockchain-based tokens.
  • Solana: A blockchain network for trading and apps.