One platform wants to put 10,000 stocks on-chain. Not 10. Ten thousand.
Backpack is building toward 10,000 tokenized equities on Solana, starting with its SpaceX token already outpacing rivals. If it lands, it turns Solana into the biggest stock exchange nobody officially calls an exchange. $BP, $SOL, $BTC, $ETH and $ONDO are all positioned for it.
Your wallet is about to let you buy stocks without ever touching a broker.
MetaMask just added tokenized U.S. stocks, ETFs and commodities straight into the wallet, powered by Ondo Global Markets. No new app, no new account, just one click from crypto to equities. $ONDO, $ETH, $BTC, $CFG and $PAXG all benefit as this rail goes mainstream.
A tokenized SpaceX stock just beat its biggest rival, and it isn't even close.
Backpack's SPCX token on Solana crossed 10,000 holders, nearly double xStocks' version, using real share redemption instead of cash settlement.
It launched just six days after SpaceX hit Nasdaq. $BP, $SOL, $BTC, $ETH and $ONDO are the names riding this exact wave right now.
Today the US releases PCE inflation, the number the Fed actually watches.
Quick context, because this matters for every asset you hold:
The Fed raised rates on Sep 16 to a range of 3.75% to 4%, the first hike since 2023. Their own projection has PCE inflation at 3.7% this year against a 2% target. The 10 year Treasury yield touched 5.23%, the highest since 2007.
When safe government bonds pay over 5%, every risky asset has to compete with that. Gold, stocks, $BTC and everything else.
A hot P...
Open Big Short on Bitcoin, Ethereum and XRP
$BTC Short Trade Scalp
entry: 83,450 to 83,950
SL: 84,800
TPs: 82,850 to 82,200
{future}(BTCUSDT)
$ETH Short Scalp Trade
Entry: 2675 to 2698
SL: 2740
TP: 2652 to 2610
{future}(ETHUSDT)
$XRP Short Scalp Trade
Entry: 1.505 to 1.524
SL: 1.568
TPs: 1.489 to 1.465 and then 1.421
{future}(XRPUSDT)
#SECChairWantsStockMarketsOnChain