xStocks Hits 283,300 Holders as Solana Commands 89.7 Percent of Tokenized Equity Activity

xStocks now counts 283,300 holders across its issued assets, with stock tokens making up 97.8 percent of holdings—reflecting sustained demand for on-chain equity exposure.

Nvidia's tokenized stock, NVDAx, leads the platform with 65,200 unique holders. Nvidia stock currently trades at $218.99.

Solana accounts for 89.7 percent of xStocks holders, with BNB Chain at 4.6 percent and Ethereum at 4.2 percent.

Since launching its tokenized equity offerings in June 2025, the platform has processed over $25 billion in total transaction volume, with cumulative trading volume exceeding $20 billion, according to on-chain data.

xStocks holds seven of the top 10 tokenized stocks by 24-hour trading volume and the top eight by unique holders. As of Feb. 17, 2026, the platform represented 68 percent of the top 25 tokenized stocks by unique holders.

Competing products include Backed's NVDAx and Ondo Finance's NVDAon, both offering Nvidia stock exposure. Multiple tokenized versions of the same underlying asset create liquidity fragmentation—price gaps and disparate liquidity pools that DeFi users must account for when routing trades.

On-chain treasuries have crossed $2 billion in total value locked across protocols, competing directly with tokenized equities for capital allocation.

xStocks now counts 283,300 holders across its issued assets, with stock tokens making up 97.8 percent of holdings—reflecting sustained demand for on-chain equity exposure.

Nvidia's tokenized stock, NVDAx, leads the platform with 65,200 unique holders. Nvidia stock currently trades at $218.99.

Solana accounts for 89.7 percent of xStocks holders, with BNB Chain at 4.6 percent and Ethereum at 4.2 percent.

On-chain treasuries have crossed $2 billion in total value locked across protocols, competing directly with tokenized equities for capital allocation.