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Woofun AI reports that Solana's trading volume has surged dramatically following the launch of tokenized stocks SPCX, MU, and SNDK on its Backpack platform. This influx has solidified the network's position as a "spot stock chain", with last week's tokenized asset trading volume reaching an all-time high of $1.43 billion.
The resurgence of meme coin activities, driven by Ansem, has simultaneously triggered a significant increase in daily revenue for SOL trading platforms. Axiom, Phantom, and Fomo have seen their earnings nearly double compared to levels recorded earlier this month, indicating a broad-based recovery across speculative sectors.
Structurally, tokenized assets once accounted for more of SOL's spot trading volume than meme coins, establishing themselves as the second-largest category after SOL-stablecoin trading pairs.
This shift highlights a diversification in user behavior beyond pure speculation toward synthetic equity exposure.
Woofun AI data shows that when comparing SOL's spot trading volume with various centralized exchanges, only Binance's spot trading volume exceeds that of the Solana blockchain. This metric underscores the network's growing capacity to handle institutional-grade liquidity independent of traditional exchange infrastructure.
In parallel developments, Laso Finance launched a MetaDAO fundraising campaign today to build encrypted payment infrastructure. The initiative aims to allow users to spend stablecoins via prepaid cards, further expanding the utility of the ecosystem beyond trading.
The convergence of record-breaking equity tokenization and renewed meme coin momentum marks a pivotal expansion of Solana's market role. This dual-engine growth suggests the network is evolving into a comprehensive financial hub rather than a niche speculative venue.