Solana remained the leading network for tokenized stock trading volume across all L1 and L2 chains combined for a 54th consecutive week, while tokenized equities on the network reached a record $188 million in 24-hour spot volume. Much of the earlier reported activity was driven by tokenized $SPCX on Backpack, which recorded $80 million in volume and accounted for more than half of trading at that time. Separately, Ondo Finance added 173 new stocks and ETFs to its tokenized equity offering, broadening the range of on-chain stock and fund exposure available to users. Together, the developments point to growing activity in tokenized equities, while also highlighting concentration risk and possible regulatory scrutiny as trading clusters on one network.