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Solana, Ethereum Account for Approximately 92% of $101M in xStocks DeFi

Picture: TokenPost

Solana and Ethereum account for approximately 92% of the $101 million in xStocks-issued assets deposited in decentralized finance, concentrating xStocks DeFi deposits on the two networks. Solana accounts for $56 million of the deposits, while Ethereum accounts for $37.1 million. Together, the networks account for $93.1 million of the total. xStocks has issued $858 million in assets across eight blockchain networks. Solana hosts $502 million, followed by X Layer with $180 million and Ethereum with $160 million. Earlier coverage detailed xStocks’ multichain issuance . The products are tokenized stock instruments designed to connect traditional financial assets with blockchain-based markets.

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