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Over the past week, Robinhood Chain tokenized stock daily average DEX trading volume surpassed Solana

PANews
robot
Abstract generation in progress
PANews July 29 news, according to The Defiant, Robinhood Chain has been live for three weeks. In the past week, the average daily DEX trading volume of tokenized stocks reached $29.7 million, exceeding the combined total of Solana’s xStocks ($11.1 million) and Backpack’s Sunrise ($13.4 million). Tokenized NVIDIA led with $13.9 million; SpaceX, Apple, and GameStop reached $6.2 million, $4.5 million, and $2.2 million respectively. The growth is driven by Bankr and the long.xyz platform, which allow users to issue Meme coins backed by liquidity from tokenized stocks. The Meme coin liquidity pools include tokenized stocks as collateral, and Meme coin trading indirectly drives trading volume for stock tokens.
SOL0.99%
NVDAG1.49%
NVDAON1.47%
NVDAX1.42%
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