The new all-time high was driven largely by tokenized $SPCX on Backpack, which recorded $80M and accounted for more than half of total trading activity.
Tokenized equities trading on Solana reached a new all-time high in 24-hour spot volume, surpassing $150 million for the first time. The move was led by tokenized $SPCX on Backpack, which posted $80 million in volume and contributed more than 50% of the total. The milestone points to rising activity in tokenized stocks (blockchain-based representations of equities), a segment watched as crypto platforms try to bring traditional market exposure on-chain.