According to Solana's Aug. 9 newsletter, the network processed about $1.45 billion of July 2026 tokenized stock trading, or roughly 82% of the cross-chain total, with Backpack contributing $1.06 billion less than two months after launch and xStocks retaining about 87% of outstanding supply. Separate July market data showed Binance's tokenized equities arm, bStocks, generated roughly $9.4 billion of on-chain tokenized equity DEX volume, up from $2.9 billion in June, and captured an 85% DEX share driven almost entirely by QQQB, a product tied to the Invesco QQQ ETF; bStocks also surpassed $500 million in assets under management within seven weeks of its June 10-11 launch on BNB Chain. The figures are not directly reconcilable from the provided sources and appear to reflect different market scopes and methodologies, but both reports point to rapid growth in blockchain-based equity trading and increasingly concentrated activity around a small number of venues and products.