Solana becomes second-largest chain for tokenized stocks
Crypto Briefing
Solana is now the second-largest blockchain for tokenized stock trading due to increased use of equity perpetuals.Summary
Solana has emerged as the second-largest blockchain supporting tokenized stock trading, primarily fueled by the increasing adoption of equity perpetual contracts for major technology stocks. Platforms such as BackedFi facilitate 24/7 trading of tokenized U.S. equities on the Solana network, allowing crypto-based exposure trading outside conventional market hours. Solana's high-speed transaction capabilities have made it a favored venue for these perpetual contracts on major equities, attracting significant trading volume even when traditional markets are experiencing downturns.
(Source：Crypto Briefing)