Solana's Tokenized Equities Market Share Rises to 35%, Approaching Robinhood Chain

Solana has regained its footing in the tokenized equities market, now controlling approximately 35% of the global trading volume. This resurgence brings it closer to Robinhood Chain, which holds a 39% share.

Just a few months ago, Solana dominated the market, processing between 95% and 97% of all tokenized equity DEX volume globally. In Q2 2026, the network achieved a staggering $5.8 billion in volume, largely driven by platforms like xStocks and Backpack Securities, with Raydium serving as the primary trading venue. The peak was reached in June during the SpaceX IPO, which led to single-day trading volumes hitting $644 million.

Robinhood Chain, launched on July 1, 2026, quickly gained traction with its user-friendly approach to tokenized US equities, leveraging a liquidity strategy that paired tokenized stocks with memecoins. This strategy allowed it to average $29.7 million in daily tokenized stock DEX volume, at times surpassing Solana's own platforms.

By late August, Solana's market share had dipped to around 30%, but recent trends indicate a recovery to approximately 35%. The overall market for tokenized equities has expanded significantly, with weekly trading volumes reaching about $3 billion in August 2026.

In addition to Solana and Robinhood Chain, BNB Chain has entered the market with bStocks, introducing further competition. The evolving landscape is also seeing tokenized equities being utilized as collateral within DeFi lending and borrowing protocols.

Moreover, Solana's tokenized equity ecosystem has seen a surge in participation, with over 900,000 wallet addresses now holding tokenized versions of traditional stocks, marking a significant milestone for the network.

New Developments in Tokenized Equities

NEAR has partnered with Ondo Finance to introduce tokenized stocks and ETFs on near.com, enabling users to access traditional market assets alongside cryptocurrencies through a single account.

The integration with Ondo Stocks has achieved over $1 billion in total value locked and $26 billion in cumulative trading volume.

The initial offering includes 20 assets, featuring tokenized shares of Nvidia, Tesla, and Apple, as well as ETFs like QQQ, available for trading using USDC, Bitcoin, and other supported assets.

NEAR Intents facilitates seamless routing and execution across networks, eliminating the need for users to manually bridge assets or manage multiple wallets.

Confidential execution is also provided, allowing transactions to be processed without public disclosure of their details.

Ondo Stocks expands access to tokenized securities that mirror traditional stocks and ETFs, with availability across Ethereum, Solana, and BNB Chain, as well as various wallets and DeFi applications.

This partnership aims to unify crypto, payments, trading, and traditional financial assets within a single interface as tokenized securities become more widely distributed across on-chain platforms.