Pinned Tweet
Within 16 months, tokenized stocks have grown from zero to a substantial RWA category with more than $3B in market cap across chains. Among issuers, top 6 emerges across 5 networks.
Key takeaways from our report:
1. The market grew 8x in a year with @BNBCHAIN now leading at $1.46B. @solana has the most holders holding at least $1 (446K) and most unique wallets (283K).
2. Of the $74B in spot DEX volume since Jul 2025, 88.24% came from June 2026 onward. Leadership rotated from @bstocksfinance in Jul & Aug to @RobinhoodCrypto in Sept.
3. The six issuers' tokens sit in 5M holder accounts, but only 1.2M hold at least $1. Robinhood leads on accounts with 1.6M, but bStocks leads on unique wallets with 217K.
4. Three issuers hold most of the value: bStocks, @Ondo & @xStocksFi each carry about $1B in market cap.
5. On the 9 stocks all six issuers list, four different issuers lead six measures: bStocks on market cap ($307M) and holders, @coinbase on 30-day volume ($794M) and 30-day turnover (86x), Robinhood on cumulative volume ($3.1B), and @Backpack on lifetime turnover (182.4x).
6. SPCX dominates the shared set, accounting for 54.3% of Core 9 volume & 55.1% holder accounts.
Read full report 👇
Birdeye Data retweeted
JUST IN: @Backpack Securities just crossed $6B in cumulative trading volume across its tokenized assets.
Leading the charge is $SPCX, with $2B+ in volume since launch and the first asset to surpass 110K unique holders.
A big milestone for tokenized assets on Solana. Shoutout to @sunrise and the broader ecosystem for helping drive this growth.
The tokenization wave keeps building.
Data powered by @birdeye_data.
Replying to @birdeye_data @BNBCHAIN
You can also read the article in full on our website 👇
birdeye.so/research/detail/t…
Built on the data infrastructure Birdeye has operated for five years, Birdeye Peak unifies market intelligence, asset fundamentals and portfolio analytics across centralised and decentralised venues, navigated through a three-letter command system.
theblock.co/press-releases/b…
Birdeye Data retweeted
Data....😺
If you know someone on any of these teams, intro us. Here's what I'm looking at first:
@birdeye_data: new tokens, trades, liquidity.
@KaikoData: order books, market depth, trade history.
@nansen_ai: wallet labels, capital flows
@DefiLlama: TVL, fees, protocol revenue.
@coinglass_com: funding, open interest, liquidations.
@Tokenomist_ai: unlocks, issuance, token supply
@LunarCrush: social activity, mindshare
@talostrading: Coin Metrics market and onchain data
Not the full list. Just where I'd start with each team. They all have more we'd want to look at.
Public API are enough to build with. Once this goes into the product, I want to talk directly about coverage, limits, display rights and support
We're open to partnerships too
We know what we need on our side. Need to see what works on theirs.
If you handle api, integrations or partnerships on one of these teams, let's talk.
And this list is open.
Building an alternative to any of these? Hit me up too. Send the docss. We can send ours too and figure out if we can plug it in.
Introducing Birdeye Peak
The unified digital asset terminal for financial institutions and professionals, built to navigate Internet Capital Markets from a single platform.
🤖 Made with AI
Speed up your workflow by up to 16x with:
▪️ Keyboard-driven command interface that puts every data point seconds away
▪️ AI trained for digital asset finance
▪️ Workflow tools that keep research velocity high when markets move fast
Birdeye Peak is available today.
Create your account now:
birdeye.so/peak
$KIMCHI went from launch to a $45M peak in 80 minutes.
Then the trenches did what they do.
In the next 11 hours, 2,887 more “Kimchi” tokens were deployed on Solana launchpads, roughly 1 in 7 of every new launch.
Data via @birdeye_data 👇
xitter.cf/birdeye_so/status/2112…
5/ Where all 2,888 Kimchi tokens launched (Birdeye platform labels):
> pump.fun: 2,555
> mayhem: 292
> meteora dbc: 34
> stonkfun: 6
> letsbonk.fun: 1
6/ Every number here is live, recounted every 2 minutes from one @birdeye_data endpoint: every launchpad token on Solana, with creation time, liquidity and volume.
How many Kimchi tokens deployed? 👇
kimchi-watch.vercel.app
.@Solana builders definitely use the best Solana data providers. 😎
@KyleSamani probably knows a thing or two about that. 👀
Kyle Samani is building a new startup on Solana after concluding that his biggest contribution to the ecosystem will now come from operating a company rather than investing in one
“I'm building a new startup on Solana. I can't talk about it too much”
“I feel fortunate I was there early Solana and not just Solana Core, but all the important ecosystem teams around Solana. Jito and Kamino and MarginFi”
“That job is done as a venture capitalist. These guys needed to get off the ground. They needed money. They needed support. They needed strategic help”
“As a VC, I'm no longer substantially moving the needle on making Solana become the global permissionless financial layer to power global finance”
“I think I can actually do that in an operating role now much more than I can as a VC. So that's my new startup”
w/ @KyleSamani










