Gate stock token latest updates, how is the NVDAX price performance?

As of April 10, 2026, the Nvidia tokenized stock NVDAX on the Gate platform continues its recent strong momentum. According to the latest data from the Gate stock token trading page, NVDAX is currently priced at $183.45, up 1.2% over the past 24 hours, maintaining a high-level consolidation pattern overall.

According to CoinMarketCap data, the current circulating supply of NVDAX is 241.2k tokens, with a market capitalization of $44.22 million.

Nvidia’s Underlying Stock Continues Its Seven-Day Rise, AI Chip Leader Returns to Strength

The core driver behind the strengthening of NVDAX’s price comes from Nvidia’s (NVDA) impressive performance in the US stock market. On April 10, Nvidia’s stock closed approximately 1% higher at $183.94, marking the seventh consecutive trading day of gains, the longest streak since November 2023. That day, Nvidia also topped the US stock trading volume leaderboard, closing up $1.83 or 1.01% at $183.91, with a trading volume of $241.2k.

Analysts point out that after months of sluggish earnings, Nvidia’s stock price has rebounded and is approaching a breakout from its narrow trading range, which should be seen as a bullish signal. From a technical perspective, Wall Street analysts believe that once Nvidia’s stock price surpasses the $185 mark, it will send a strong signal of capital re-entry, with potential to further push toward the $200 level.

Three Major Catalysts Support the Logic of NVDAX’s Rise

NVDAX’s recent rise is not accidental; it is supported by three core catalytic factors:

OpenAI’s Massive Funding Reassesses AI Computing Power Demand. OpenAI completed a funding round worth up to $122 billion, attracting top global tech companies such as Amazon, Nvidia, Microsoft, and SoftBank to participate. After the funding, OpenAI’s valuation rose to approximately $852 billion. As a primary supplier of AI chips, Nvidia’s involvement in this funding further consolidates its central position in the AI ecosystem.

H100 Leasing Prices Surge, Confirming Computing Power Shortage. According to semiconductor research firm SemiAnalysis, the leasing contract prices for Nvidia’s H100 chips rose from a low of $1.70 per GPU per hour in October 2025 to $2.35 per hour in March 2026, nearly a 40% increase in half a year. This indicates that the market’s demand for AI computing power remains tight.

Global Semiconductor Price Hikes Boost Industry Outlook. According to the latest IDC research, benefiting from AI computing expansion, the global general wafer foundry market size will surpass $360 billion in 2026, with an annual growth rate of 17%.

Gate Stock Token Sector Continues to Lead the Market

As a leading global cryptocurrency trading platform, Gate has maintained its advantage in the tokenized stock sector. By early 2026, the total trading volume of Gate’s stock token sector has exceeded $140 billion, with a monthly market share of 89.1%, ranking first in the industry.

In terms of NVDAX contract trading, Gate’s performance is also outstanding. Data shows that the platform holds approximately $2.53 million in Nvidia (NVDAX) contracts, with a trading volume of about $2.9 million, far ahead of other major trading platforms.

The Gate xStocks section supports spot trading and perpetual contracts (settled in USDT), offering leverage from 1x to 10x for long and short positions, catering to different risk preferences. NVDAX is issued based on both Solana SPL and ERC-20 dual-chain standards, pegged 1:1 to Nvidia’s underlying stock, with prices closely linked.

24/7 Continuous Trading to Capture Global Market Opportunities

Unlike traditional US stock trading, which is limited by trading hours, Gate’s stock tokens support 24/7 continuous trading, allowing investors to adjust their positions at any time based on market changes. When major news or geopolitical events occur during US market closures, Gate users can respond immediately through NVDAX, avoiding the passive situation of “weekend news and Monday gap opening” common in traditional investing.

This around-the-clock trading mechanism makes NVDAX an ideal tool for capturing Nvidia’s stock price fluctuations. Whether for value investors pursuing long-term AI sector dividends or active traders seeking to profit from short-term price movements, Gate offers suitable trading options.

Summary

The three catalytic factors—massive funding for OpenAI, ongoing shortages in AI computing power, and global semiconductor price hikes—provide solid fundamental support for NVDAX’s future trajectory. With over $140 billion in total trading volume, an industry-leading 89.1% market share, and 24/7 continuous trading, the Gate platform offers a convenient and efficient trading experience for NVDAX. For investors interested in the AI sector and Nvidia’s stock performance, Gate’s stock tokens are undoubtedly a key gateway to capturing global tech investment opportunities.