According to a post by Solana, the number of holders of Solana’s tokenized stocks reached a record 1.5 million on October 26, 2026, a fivefold increase from August. Crypto.news, citing Blockworks, noted that this metric measures the number of addresses, not individual investors, and that trading incentives have contributed to this growth.
Key points
- Solana reports that the number of tokenized stock holders has reached 1.5 million, a fivefold increase since August 2026.
- According to Crypto.news, an investor may have been counted multiple times due to using multiple wallets.
- Stock trading based on stablecoins does not generate equivalent demand for SOL.
The number of holders of tokenized stocks on Solana has reached a new high.
Since August 2026, the number of holders has grown fivefold, followed by another milestone in September, when the Solana Foundation reported that the number of wallets holding tokenized stocks reached one million. Total trading volume in September amounted to approximately $4.4 billion, while the outstanding value of tokenized stocks stood at $684 million.
Since September, another 500,000 addresses have been added to the holder count. According to Blockworks, as cited by Crypto.news, this metric counts addresses holding tokenized stock products, so investors using multiple wallets may be counted multiple times.
The reward system also boosted participation. Between August 3 and October 11, 2026, the incentive program distributed approximately $31 million in tokenized stock tokens to over 360,000 wallets. Nearly four-fifths of the claimants had no prior record of purchasing tokenized stocks.
Stock tokens expand the investment products available on the network.
Solana supports tokenized stock products through its infrastructure designed for fast, low-cost transactions and decentralized applications. As its user base grows, blockchain-based versions of traditional securities are being continuously launched across various financial platforms.
According to Securitize, eligible investors can now trade 12 tokenized U.S. stocks on Solana, including Apple, NVIDIA, Tesla, and Microsoft. Securitize states that these products are backed by underlying stocks and settled in USDC.
Decentralized trading activity is not limited to direct stock purchases and sales. Between September 1 and October 11, 2026, trading pairs pairing meme coins with tokenized stocks generated $1.76 billion in volume, accounting for 31.5% of the $5.58 billion total decentralized trading activity in tokenized stocks during that period. Platforms such as StonkFun and Pump enable trading between meme coins and stock tokens, and these trades are included in tokenized stock activity.
Tokenized stock activity differs from SOL demand.
The growth of tokenized stocks on Solana does not directly translate to equivalent increased demand for SOL. Many platforms allow investors to purchase stock tokens using stablecoins without needing to buy an equivalent amount of the network’s native token.
This discrepancy coexists with mixed signals in the broader crypto market. Crypto.news notes that the total holder count includes addresses that have received or acquired stock tokens, while trading data includes meme coin pair trades.
SOL is still required to pay for network transaction fees, but each transaction typically requires only a small amount of SOL. Securitize’s equity products accept USDC for settlement.
This article was generated with the assistance of artificial intelligence and reviewed by the editorial team.