Solana stock-token holder addresses top 800,000 amid memecoin pair rollout

The number of addresses holding stock tokens on the Solana network has risen 88% this month to more than 800,000, and many of them may be wallets that received stock tokens as trading fees during memecoin transactions rather than bought the assets directly, Cryptopolitan said, citing Blockworks data. According to the data, the number of Solana-based stock-token holder addresses rose from 424,894 at the start of this month to 801,439 on Sept. 12. Cryptopolitan explained that Pump.fun’s custom pairs, introduced on Sept. 9, allow memecoins to launch as trading pairs using stock tokens such as Nvidia instead of SOL as the base asset, with fees also paid in those stock tokens. As a result, wallets that did not directly purchase stock tokens can still be counted as holder addresses.