Solana overtakes Robinhood Chain in tokenized stock holders

Solana now accounts for 28.3% of tokenized-stock holders, Token Terminal data shows, though the average Robinhood Chain position is worth a fraction of Solana’s. Solana has overtaken Robinhood Chain to become the second-largest blockchain for tokenized-stock holders, according to Token Terminal data on Oct. 21. About 1.5 million addresses on Solana hold tokenized stocks, 28.3% of the 5.3 million total across 18 chains. Robinhood Chain, the Arbitrum -based network Robinhood launched on mainnet on July 1, has roughly the same rounded figure but a 27.9% share. BNB Chain, home to Binance’s bStocks, leads with about 2.0 million holders, or 37.1%.