Solana’s xStocks Surpasses $2 Billion in Six Weeks, Bringing Over 60 U.S. Stock Tokens to Market!

Updated
August 21, 2025
Gambar Solana’s xStocks Surpasses $2 Billion in Six Weeks, Bringing Over 60 U.S. Stock Tokens to Market!

Jakarta, Pintu News – According to Crypto News, xStocks, a US stock tokenized and issued by Backed, has recorded a trading volume of over $2 billion in just six weeks since its launch on Solana .

xStocks Records Trading Volume of $2.1 Billion

According to a recent case study from the Solana Foundation, xStocks-a US stock tokenized and launched by Backed on the Solana network (SOL)-has experienced rapid adoption since its launch on June 30.

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In just six weeks, xStocks managed to record a cumulative trading volume of $2.1 billion, including $500 million that took place on-chain, with over $110 million traded on decentralized exchanges (DEXs).

Source: Dune

As of mid-August 2025, xStocks accounted for approximately 58% of total tokenized stock trades so far this year, with Solana alone holding the largest share of the market value, at $46 million out of a total of $86 million.

What is xStocks in Solana?

xStocks is an SPL token on the Solana network that represents fractional ownership of real stocks and exchange-traded funds (ETFs) from the United States, with a 1:1 guarantee by real stocks held in regulated custodians.

As of August 2025, there are more than 60 xStocks active on Solana, including major companies such as Apple (AAPLx), Microsoft (MSFTx), Tesla (TSLAx), Nvidia , Meta (METAx), Amazon (AMZNx), and the S&P 500 index (SPYx).

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Source: Dune

xStocks is available to non-residents of the US worldwide, enabling 24/7 trading with instant settlement, giving access to US stocks without the traditional barriers of a broker.

For wider distribution, centralized exchanges like Kraken and Bybit provide access, while wallets like Phantom and Solflare, as well as on-chain platforms like Raydium , Jupiter , and Kamino , allow users to self-custody assets and utilize their holdings in an integrated manner.

More than just ownership, xStocks is also integrated with the DeFi protocol: investors can use it as collateral, participate in liquidity pools, and even transfer ownership between platforms.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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