The trading volume of several stock tokens on xStocks has exceeded 10 million in the past 24 hours, with the number of S&P 500 holders reaching 9,310, while Tesla has 7,590 and Nvidia has 5,080. Whether it's liquidity, trading volume, or the number of holders, all are surging. It has become a new narrative for Solana following Meme.
I tracked the on-chain situation of several xStocks tokens, and whether it's liquidity depth or trading volume, the S&P 500, Tesla, Nvidia, and Circle are all at the forefront. Among them, the liquidity depth of the S&P 500 stock token is 2.2 million USD, with a 24-hour trading volume of around 4.13 million. The key point is that this number is still growing, already surpassing the depth and trading volume of many meme coins and altcoins.
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