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Backpack's launched SpaceX stock token has a trading volume of $37.5 million in the past 24 hours

WuSaidBlockchainW
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According to Jupiter data, the SpaceX stock token SPCX launched by Backpack has a trading volume of $37.5 million in the past 24 hours, making it the most traded stock token on Solana. Backpack CEO Armani Ferrante stated that the liquidity on the SpaceX chain is concentrated in Backpack because it allows for circulation between Solana and Nasdaq, supports broker account on/off-ramps, and has the right to redeem the underlying securities.
SPCX7.45%
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GateUser-78acf617
· 8h ago
The stock token track is about to get even more competitive—Backpack is taking the lead first.
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Stop-LossLineForTheEveningGlow
· 12h ago
$37.5 million in daily trading volume; traditional finance has to be envious when they see this.
View OriginalReply0
0XsundayCook
· 12h ago
On/off-ramp integration with brokerage accounts is truly the killer feature, not just hype.
View OriginalReply0
ReorgPanicButton
· 12h ago
Armani really knows how to create liquidity—there’s naturally demand to put a scarce asset like SpaceX on-chain.
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Wax-SealedPrivateKey
· 12h ago
Backpack played this hand beautifully—SPCX directly surged to the top of the Solana stock token rankings.
View OriginalReply0
ReflectiveKey
· 12h ago
The redeemable underlying securities point is very important; otherwise, it's just a shell for a worthless token.
View OriginalReply0

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