Solana’s share of global on-chain tokenized-equity trading fell from 71% to 30% over roughly two weeks ending around Aug. 27, 2026, as BNB Chain and Robinhood Chain attracted speculative demand with products combining memecoins and tokenized equities. The shift, which Crypto Briefing attributed to changing investor flows rather than a technical or operational problem on Solana, used trading pairs that bundle both assets and require bridging across blockchains, potentially increasing network activity. BNB Chain’s $牛来 reached a $77 million peak market capitalization, while Robinhood Chain’s $AI reached $67 million. Solana had held 95% to 97% of tokenized-equity spot volume during parts of the second quarter, including June activity involving SpaceX-related tokenized equities. Its xStocks protocol, launched in July 2025, has processed more than $9.5 billion in cumulative tokenized-stock volume, with 288,000 unique holders and $56 million in equity-backed lending pools as of late August. Solana later captured 32% of tokenized-equity volume during a broader memecoin rebound that pushed daily DEX volume above $2.7 billion, supported by demand for ZCAT and activity on Stonk.fun. It also retained a substantial lead in weekly memecoin volume over Robinhood Chain.