3 SpaceX Tokens Leading Trading Volume on Solana This Week

Source Beincrypto

Three SpaceX tokens lead the trading on Solana after the rocket maker’s June 12 Nasdaq debut. Backpack Securities’ SPCX tops the group, followed by an xStock version and a pre-IPO token.

Jupiter, the largest Solana exchange aggregator, lists more than a dozen tokens under the SpaceX name. The following three are verified, tokenized equity products ranked by Jupiter liquidity and volume.

1. SPCX (Backpack Securities)

Backpack Securities, a regulated US broker-dealer, issues SPCX. The token launched on Solana the same day SpaceX listed on Nasdaq.

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Each token represents ownership of underlying SpaceX shares. Holders can redeem it for those shares through Backpack’s brokerage platform. Backpack says eligible shares can also convert back into tokens.

It leads the SpaceX token group with $2.5 million in liquidity and about $18.2 million in 24-hour volume. The token carries a market cap of nearly $7.6 million.

Furthermore, holders exceed 5,900. The token trades around the clock on Solana, including outside Nasdaq hours.

2. SPCXx (xStocks)

SPCXx is issued by Backed Finance under its xStocks brand, which already tokenizes a range of public equities. The token tracks the SpaceX share near $166.

Meanwhile, liquidity sits around $236,000 with $927,000 in daily volume. It ranks second among the verified tokens, with over 3,000 holders.

3. SPACEX (PreStocks)

SPACEX issued by PreStocks gives exposure to SpaceX’s pre-IPO valuation via SPV-backed tokens. Liquidity reads about $158,000 with $737,000 in daily volume on Jupiter. When it comes to the number of holders, the token ranks highest with roughly 12,600.

PreStocks says its SpaceX token now converts into a tokenized public-stock equivalent through on-chain trading, split-adjusted for the 5-for-1 split. Holders must complete the swap by midnight UTC on March 12, 2027, or the tokens will expire worthless.

Disclaimer:

This article is for informational purposes only and does not constitute financial, investment, or trading advice. BeInCrypto does not recommend buying, selling, or holding any asset mentioned. Always conduct your own research and verify any token contract before trading.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.
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