On-chain “stock token” holders saw a more-than 6x increase in three months.
Token Terminal’s numbers: Over the past 90 days, it grew 619.1%, bringing in about 3.6 million people. On BNB Chain, it was around 1.5 million at most; Robinhood Chain about 1.2 million; and Solana about 650,000.
Plainly put: people are taking stocks, turning them into on-chain tokens, and holding them in their wallets—and this has been surging hard recently. Every chain is competing for “which one can bring in more users.”
More people doesn’t necessarily mean any given coin will pump tomorrow. I’m treating this as a new channel expanding for now—don’t rush to turn it into a hype call.
#Growth in tokenized stock holders: 619.1%
Token Terminal’s numbers: Over the past 90 days, it grew 619.1%, bringing in about 3.6 million people. On BNB Chain, it was around 1.5 million at most; Robinhood Chain about 1.2 million; and Solana about 650,000.
Plainly put: people are taking stocks, turning them into on-chain tokens, and holding them in their wallets—and this has been surging hard recently. Every chain is competing for “which one can bring in more users.”
More people doesn’t necessarily mean any given coin will pump tomorrow. I’m treating this as a new channel expanding for now—don’t rush to turn it into a hype call.
#Growth in tokenized stock holders: 619.1%
