Tokenized stocks have surpassed $2.6 billion in onchain market capitalization, up from approximately $329 million a year ago, representing roughly an 800% increase over twelve months. Spot trading volumes in onchain tokenized equities exceeded $3.8 billion in June 2026 alone. Solana has emerged as the dominant blockchain for these transactions, processing over $10 billion in cumulative tokenized stock volume on its network alone. The market remains concentrated, with two to three issuers controlling over 80% of the market, led by Ondo Finance. Analysts project the total could approach $4 billion before year-end.
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