Number of Tokenized Stock Wallets on Solana Reaches 1.4 Million

The number of addresses holding tokenized stocks on the Solana network has reached a new peak of 1.4 million. In June, this figure was over 500,000. The increase in user flow has propelled Solana to the forefront of real-world asset categories. However, while individual investors are gravitating towards digital versions of stocks like Apple and Tesla, large capital is adopting a more cautious approach. In the capital distribution on Solana, stablecoins rank first with $14.6 billion, followed by U.S. Treasury bonds at $1.5 billion. The total value of tokenized stocks remains at $485.2 million. Despite high interest from individual investors, major players are taking less risk in the stock sector. It is significant that Solana supports 1.4 million active addresses, but institutional transactions such as dividend payments and shareholder votes could pose a heavier burden. The price of SOL is currently squeezed between $100 and $107.

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