[DigitalToday reporter Chi-gyu Hwang (황치규)] Solana took 95 percent of blockchain-based tokenised stock trading last week, posting trading volume of $1.29 billion. Cointelegraph reported on June 22 that it was the largest weekly total on record.
Solana also showed strength in app revenue over the same period. Weekly app revenue was $21 million, topping Ethereum, Hyperliquid and Base. Revenue over the past month was tallied at $82.84 million. Over the same period, Hyperliquid had $67.43 million and Ethereum had about $51 million.
The rise in tokenised stock trading was also pronounced. Last week, tokenised stock trading volume on Solana exceeded the entire total for last month. An analysis said the launch of the SpaceX IPO token SPCX drove the increase in volume.
DeFi inflows have yet to match past peaks. Solana’s total value locked was about $5.7 billion, below about $13 billion recorded in September 2025. Trading activity and app revenue rose, but funds locked in DeFi did not return to peak levels.
Chi-gyu Hwang
delight@d-today.co.kr