Tokenized stock holders on Solana top 800,000
- —801,439 addresses holding tokenized stocks on Solana as of September 12
- —88% growth in two weeks: from 424,894 addresses at the start of the month
- —Tokenized stock volume rose to a record $684 million (+47% in three weeks)
- —Average balance per address is $850, indicating fee distribution and small speculative purchases
Why it matters: The rise in addresses mainly reflects launchpad mechanics rather than real demand for on-chain stocks, distorting the metric.
Source: Cryptopolitan