On-Chain Tokenized Stock Trading Volume Breaks $20 Billion; SpaceX IPO Drives Solana Surge to $100M Daily

SPCX1.26%
JUP1.68%
According to The Kobeissi Letter, on-chain tokenized stock cumulative trading volume broke through $20 billion for the first time on June 15, driven by the SpaceX IPO launch. Over the past 30 days, trading volume reached $4.3 billion, marking a new record with year-over-year growth exceeding 140%. Following the listing of SpaceX tokenized stock ($SPCX), Solana's daily spot trading volume surged to $100 million, at one point capturing 99% of the market share, with Jupiter emerging as the leading platform for this asset.
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