June stock token volume hits record $3.4B, up 1,400% YoY

Stock token trading volume reached an all-time high of $3.4 billion in June, marking a 279% increase from the previous month and a 1,400% rise year-over-year, according to market analysis firm The Kobeissi Letter. Data revealed that Solana captured over 90% of this volume, with more than 60% of all trades occurring outside regular market hours and on weekends. The firm noted this demonstrates a clear demand for 24/7 trading, which contrasts with the operating hours of traditional finance (TradFi) markets. Crypto analyst Hupzy analyzed that Solana is poised to benefit as a settlement layer as capital for stocks and pre-IPO shares moves on-chain. Hupzy added that the key question is whether this growth momentum can be sustained through July.