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SpaceX IPO sparks record $4.3B surge in tokenized stock trading on Solana blockchain.

Market News
17 Jun 2026
Benzinga
View Source
Bullish
pluang ai news

Following SpaceX's IPO, tokenized stock trading on the Solana blockchain hit a record $4.3 billion in volume over 30 days, marking a 140% year-to-date increase. Solana dominated with 99% of tokenized SpaceX trading volume, pushing total tokenized stock transfers above $20 billion. Demand for SpaceX tokens (SPCXon) surged, trading at a premium on platforms like Ondo Finance, while perpetual futures saw $15 billion traded on crypto exchanges including Binance. This highlights growing investor interest in tokenized assets and the expanding role of blockchain in equity trading.

More News (BNB)

XRP withdrawals on Binance hit 53.2% as leverage in derivatives market reaches 2026 high.

XRP withdrawals on Binance hit 53.2% as leverage in derivatives market reaches 2026 high.

XRP withdrawals on Binance rose to 53.2% of exchange activity on June 15, marking the highest level since April. At the same time, Binance's XRP leverage ratio in its derivatives market climbed to its highest point in 2026, indicating increased risk ...

Market News
Neutral
11 hours ago
Binance sees $43.79M net USDT outflows in one hour, signaling possible shifts in crypto liquidity.

Binance sees $43.79M net USDT outflows in one hour, signaling possible shifts in crypto liquidity.

Binance recorded $43.79 million in net USDT outflows within a single hour, indicating more Tether left the exchange than was deposited. This metric reflects a directional shift in stablecoin balances but does not confirm market motives or trends on i...

Market News
Neutral
16 hours ago
Tether's EU delisting cuts USDT liquidity, pressuring stablecoin flows amid crypto's Q3 test.

Tether's EU delisting cuts USDT liquidity, pressuring stablecoin flows amid crypto's Q3 test.

Tether's decision not to comply with the EU's MiCA regulations has led major exchanges like Binance, Coinbase, and Kraken to delist USDT for European users, causing a $3 billion outflow and reducing liquidity. This disruption highlights the vulnerabi...

Market News
Bearish
16 hours ago
Venezuelans increasingly use Binance USDT amid bolivar collapse and soaring inflation

Venezuelans increasingly use Binance USDT amid bolivar collapse and soaring inflation

As Venezuela's bolivar rapidly loses value with inflation over 200%, locals have turned to USDT stablecoin via Binance's peer-to-peer platform as a more stable currency. By mid-2026, about 85% of transactions in Venezuela reportedly use USDT, dubbed ...

Market News
Bullish
20 hours ago
BOJ hikes rates to 1%, highest in 31 years, risking 20-30% crypto declines if JPY strengthens.

BOJ hikes rates to 1%, highest in 31 years, risking 20-30% crypto declines if JPY strengthens.

The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...

Market News
Bearish
1 day ago
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