Robinhood Chain Surpasses Solana in Tokenized Stock Volume

The Robinhood Chain has surpassed Solana in tokenized stock volume, becoming the largest venue for trading on-chain equities. In just two weeks since its launch on July 1, 2026, the Ethereum Layer 2 network averaged $29.7 million in daily DEX volume for tokenized equities, significantly eclipsing Solana's combined output of xStocks and Backpack's Sunrise.

The Robinhood Chain has seen a fivefold increase in total value, reaching approximately $70 million. Over a dozen individual stocks on the chain have surpassed $500,000 in daily volume, with GameStop leading at $26.6 million, followed by Nvidia at $14 million and SpaceX at $6.4 million.

The surge in tokenized equities has tripled total value locked to approximately $312 million, and daily DEX volume across all asset types exceeded $600 million. Solana's dominance in the tokenized equity market eroded quickly as recently as Q2 2026, when it held over 95% of the market.