Backpack Securities accounted for about 91% of Solana’s $657 million in tokenized-stock trading on Nov. 2, concentrating most of the network’s daily activity in a single firm.
The firm generated $598 million of the day’s turnover. Nov. 2’s total was more than twice any other daily figure recorded since September, yet below the network’s June daily peak of $683 million.
Trading volume counts transactions over a period. Tokenized-stock supply, by contrast, tracks the value represented by the tokens.
Solana’s official account put October tokenized-stock trading at $3.9 billion, after $4.4 billion in September. Those monthly totals measure trading activity, not tokenized-stock supply, as described in EconoTimes’ earlier coverage of October trading.
