BNB Chain Tokenized-Stock Value Gains $441.5 Million in 30 Days

BNB Chain’s tokenized-stock market capitalization increased $441.5 million over a 30-day period, outpacing gains on X Layer and Solana as blockchain networks recorded sharply different changes in stock-linked token value. X Layer’s tokenized-stock value rose $173.7 million, while Solana’s increased $90.8 million. Avalanche fell $176.5 million, the largest decline among the networks in the comparison. BNB Chain’s increase was more than twice the gain on X Layer, the next-largest gainer listed. The figures measure changes in the value of stock-linked tokens on each network. They do not measure changes in the prices of the networks’ native cryptocurrencies. An earlier snapshot of the tokenized-stock market put BNB Chain’s holdings at $1.6 billion within a $4.4 billion market. Solana held $1.1 billion and Ethereum held $841.3 million in that snapshot.

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