Solana’s tokenized stocks top 1.5 million holders, passing Robinhood Chain

Solana has surpassed Robinhood Chain in tokenized stock adoption, reaching over 1.5 million holders as of October 2026. This growth represents a significant shift in the RWA landscape, with Solana now capturing approximately 29% of the total 5.13 million tokenized stock holders across all major networks. The surge was fueled by the addition of 260,000 new holders in October alone, supported by the integration of 20 new tickers including Nike, Micron, and Moderna via Backpack Securities and Sunrise. Accessibility has been a primary driver, as users can now trade these assets through decentralized platforms like Raydium, Jupiter, and Phantom, as well as Kraken Wallet. This expansion follows the SEC's introduction of a five-year conditional framework for tokenized stock trading on September 17, which acted as a catalyst for rapid user onboarding. While BNB Chain maintains the lead with 1.93 million holders, Solana's decentralized distribution model contrasts with the app-specific concentration seen on Robinhood Chain. Looking ahead, Backpack CEO Armani Ferrante plans to scale the network's offerings from 200 to 10,000 listings to further bridge traditional equity markets with onchain infrastructure.