markets·1d ago
SpaceX Tokenized Equities Lead Solana Trading After Nasdaq Debut
Backpack Securities’ SPCX and other SpaceX tokens drive volume on Solana following the rocket maker's Nasdaq listing.
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Backpack Securities’ SPCX and other SpaceX tokens drive volume on Solana following the rocket maker's Nasdaq listing.

On-chain data reveals a large holder sold $188M before the crash and repurchased at lower prices.

BitMEX co-founder Arthur Hayes cautions that Hyperliquid's use of trading fees to burn tokens exposes it to market share losses.