Solana: Tokenized stock holders reach 1.5 million, SOL price remains around $100
2026-10-27 02:07:11
CoinMeta data: Solana announced that the number of holding addresses in its tokenized stock market has reached 1.5 million, a fivefold increase from August, despite the SOL price remaining around $100 after several weeks of pressure from cryptocurrency sell-offs. According to the data, SOL approached $101 during trading on Monday, a decrease from around $124 at the beginning of October. This growth indicates that the adoption of tokenized stocks does not necessarily directly drive demand for Solana's native cryptocurrency. At the same time, the outflow of funds from Solana ETF also poses challenges to institutional demand; during the week of October 9th, US SOL funds recorded an outflow of $24.8 million, ending a 14-week trend of capital inflows.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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