$SOL The weekly trading volume of tokenized stocks on the SOL chain came close to 3 billion dollars, with this surge mainly driven by Robinhood Chain, BNB Chain, and SOL. But take a look here: financial apps that live on-chain account for less than 5%, so this is really not some major revolution. What does this mean, folks? The hype is up, but there are still few truly practical application scenarios. To put it plainly, it’s just a passing trend, and everyone is gathering around the new thing to watch the excitement. If you think blockchain-based financial innovation has potential, then you can keep an eye on it if it pulls back to around 120 dollars; don’t rush to jump in.
(via news_bitcoin)
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