1 min read
Add as a preferred source on Google

Solana Logged $91.1M in Late-September Commodity Trading Volume

The network accounted for 28% of cross-chain spot trading from Sept. 21-27, when total volume reached $322.7 million.

Mentioned assets
Unmarked metal ingots balance beside a glass sample vial / TokenPost.ai
Unmarked metal ingots balance beside a glass sample vial / TokenPost.ai

Solana recorded $91.1 million in spot trading volume for tokenized commodities during Sept. 21-27, accounting for 28% of the $322.7 million traded across networks during that week.

The figures cover transactions over a seven-day period. They measure trading activity, not the amount of tokenized commodity value outstanding at a particular moment.

Tokenized commodities are blockchain-based products representing physical goods, securities linked to commodity markets or funds with exposure to raw materials and natural resources. Solana’s previously noted supply high was $50.5 million on Aug. 25, a separate measure from the weekly volume figure.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…