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Altcoins & DeFi

Solana Records $657M in Tokenized Stock Trading as SOL Price Eyes Breakout

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Solana recorded a significant surge in tokenized stock trading, highlighting growing activity across its real-world asset ecosystem. However, SOL price remains under pressure after facing rejection at a key resistance level. Analysts are watching several support zones that could influence its recovery and broader market direction. Solana reported $657 million in tokenized stock trading volume on Monday, marking its strongest daily performance since September. The latest figure represents more than double the trading activity recorded on any other day during that period. The development highlights growing activity around blockchain-based representations of traditional financial assets and strengthens Solana’s position in the tokenized equity market. Backpack Securities accounted for approximately $598 million of the total, representing nearly 91% of the reported trading volume.

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