SPCX Trading Volume Hits $439M Within Week of SpaceX IPO, Dominates Tokenized Stock Market

SPCX-0.55%
SPCXX1.59%

According to Backpack, within one week of SpaceX's IPO, SPCX issued by Backpack on Solana generated $439 million in trading volume, representing 91.7% of all tokenized SpaceX trading activity. Liquidity in the token reached $9.8 million, accounting for 87.5% of tokenized SpaceX liquidity.

Solana set a new record for tokenized stock trading volume at $1.04 billion, leading all blockchain networks and capturing 70.6% of the total market.

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