Tokenized equity market surges to 670k holders with 73% MoM growth; Solana dominates 85% of volume as Jupiter sees 300% YTD increase in off-hours trading.
DeFi & Yields ·
The tokenized equity market has grown to more than 670,000 holders, with month-over-month expansion of 73% and year-to-date gains of 449%. Solana has emerged as the dominant blockchain for this activity, capturing 85% of onchain tokenized equities volume. Jupiter's routed tokenized asset volume has climbed 300% year-to-date, fueled by rising participation in after-hours and weekend trading—a segment representing roughly 68% of the platform's volume over the past month.
This shift reflects a structural change in equity trading patterns, as market participants increasingly access tokenized assets through blockchain infrastructure outside traditional market hours. The concentration of activity on Solana and Jupiter suggests that decentralized and on-chain settlement mechanisms are becoming a meaningful channel for equity exposure, though the absolute scale relative to traditional equities markets remains unspecified.
Open questions include whether this growth reflects new retail participation or migration from existing platforms, whether regulatory frameworks will adapt to accommodate 24/7 tokenized equity trading, and how volatility and price discovery function in off-hours onchain markets where traditional equity exchanges are closed.