Tokenized stocks have been making waves in the financial markets, with a whopping 220% growth since June, reaching a market cap of $370 million, as reported by Binance Research. This surge in interest can be attributed to the democratization of access to the U.S equities market through on-chain stocks. The SEC’s recent regulatory clarity and its ‘Project Crypto’ initiative have further fueled this trend.
The popularity of tokenized stocks has been particularly evident in the case of xStocks by Backed Finance, which has emerged as a top provider for European and non-U.S markets. Data from Dune Analytics shows that xStocks’ total trading volume surpassed $2 billion for the first time, underscoring the significant investor interest in this space. Among the tokenized stocks, Tesla and the S&P 500 Index (SPY) have emerged as clear leaders in terms of assets under management.
In terms of holders, Tesla boasts the highest number of users, followed by SPY and Nvidia. Other prominent names in the top five list of on-chain stocks with the highest holders include Circle and Apple. While xStocks initially debuted on Solana via platforms like Kraken, ByBit, and Jupiter, Ethereum continues to dominate the tokenized asset settlement space, controlling a significant portion of the total market cap.
According to projections by Syncracy Capital’s Ryan Watkins, the ongoing tokenization boom is expected to drive demand and value for both Ethereum and Solana. Binance Research analysts believe that if just 1% of global stocks were tokenized, the market could exceed $1.3 trillion, leading to substantial growth in on-chain assets and DeFi infrastructure.
However, recent data suggests a shift in capital inflows from Solana to Ethereum, indicating a potential rotation towards ETH. The SOL/ETH pair has dropped to a yearly low, giving Ethereum a significant advantage going into the second half of 2025, especially with the anticipated stablecoin and tokenization boom. It remains to be seen whether Solana will be able to catch up to Ethereum in the near future.
In conclusion, the rise of tokenized stocks has opened up new opportunities for investors to access traditional equities markets in a more decentralized and efficient manner. With the continued growth and adoption of on-chain assets, the future looks promising for the intersection of blockchain technology and traditional finance. The Benefits of Regular Exercise
Exercise is an essential component of a healthy lifestyle. Not only does it help to keep your body in shape, but it also has numerous other benefits for both physical and mental health. Regular exercise can have a positive impact on your overall well-being and quality of life.
One of the most significant benefits of regular exercise is improved physical health. Exercising regularly can help to strengthen your muscles, improve your cardiovascular health, and increase your overall endurance. It can also help to reduce the risk of developing chronic conditions such as heart disease, diabetes, and obesity. Regular exercise can also help to boost your immune system, making you less susceptible to illness and disease.
In addition to the physical benefits, regular exercise can also have a positive impact on mental health. Exercise has been shown to reduce symptoms of anxiety and depression, as well as improve mood and overall mental well-being. This is because exercise releases endorphins, which are chemicals in the brain that act as natural painkillers and mood elevators. Regular exercise can also help to improve sleep quality and cognitive function.
Another benefit of regular exercise is increased energy levels. When you exercise regularly, your body becomes more efficient at using oxygen and nutrients, which can help to boost your energy levels and reduce feelings of fatigue. Exercise can also help to improve your concentration and focus, making you more productive throughout the day.
Additionally, regular exercise can help to improve your self-esteem and confidence. When you exercise regularly and see improvements in your physical fitness and appearance, it can boost your self-confidence and self-esteem. This can have a positive impact on all areas of your life, including your relationships and career.
Overall, the benefits of regular exercise are numerous and far-reaching. Making exercise a priority in your daily routine can help to improve your physical health, mental well-being, and overall quality of life. Whether you prefer to go for a run, take a yoga class, or hit the gym, finding a form of exercise that you enjoy and can stick to is key. So lace up your sneakers, grab your workout gear, and start reaping the many benefits of regular exercise today.

