Solana Tokenized Stocks Reach Record $684 Million as Trading Activity Surges

Tokenized equities on the Solana blockchain have hit a new peak, with the total value of stock and fund tokens reaching approximately $684 million. The growth coincides with a broader rebound in network activity and significant inflows of real‑world assets.

Real‑World Asset Inflows

Over the past 30 days, Solana attracted between $348 million and $354 million in real‑world asset (RWA) inflows, supporting the expansion of tokenized stock offerings on the platform.

Notable Trading Volume

The GRND token, representing tokenized shares of Grindr, generated about $31 million in trading volume within 24 hours of launch. This volume briefly exceeded the $16.6 million traded on the NYSE for the underlying stock the previous day and surpassed the stock’s average daily volume of roughly $25 million.

Platform Revenue and Token Buybacks

StonkFun, a Solana‑based tokenized stock platform, reported roughly $9 million in revenue after 50 days of operation and distributed about $30 million in rewards. Its native STONK token reached a market capitalization near $250 million, and the platform burned 14.4 % of STONK’s supply, valued at over $40 million, using a model that redirects trading fees into buybacks and token burns.

DEX Activity

Daily decentralized exchange (DEX) volume on Solana topped $321 million, indicating that tokenized assets are generating secondary‑market liquidity rather than remaining idle in wallets.

Emerging Use Cases

Projects such as Pump.fun are enabling users to launch memecoins paired directly with tokenized stocks, crypto assets, and metals on Solana, further diversifying the ecosystem.

While the absolute numbers remain modest compared with global equity markets, the ability of on‑chain stock representations to briefly out‑trade their traditional counterparts highlights the growing relevance of blockchain‑based tokenization.