Following the completion of a large-scale first public collection, the chain-based monetized stock market rose significantly in June. The data show that the volume of the plate rose to $3.86 billion per month, a record high, and that investors ' capital flows mainly to tokenized stock products linked to SpaceX.
SpaceX is about 30% of the deal.
Reports indicate that in June, SpaceX-related coins were sold totalling $1.190 billion, or 31 per cent of total transactions in monetized shares in the month. Of these, the SPCX on the Backpack platform is the most active single product, with a monthly turnover of $1.80 billion.
Previously, monetized products such as Yin Weida, Tesla, and SY, QQQQ, which track the US stock index, have been the main targets of this track. In June, however, market attention shifted markedly to SpaceX, which led to a rapid expansion of the overall deal.
- Total transactions of monetized shares in June: $3.86 billion
- SpaceX Related Currency Exchange: $1.19 billion
- Backpack Total transactions of monetized products: $142 billion
The market value of the plates grew for 15 months in a row.
In addition to the volume of transactions, the total market value of tokenized stock blocks rose to $1.53 billion in June, an increase of 6.64 per cent over the previous month. This is the 15th consecutive month of growth of the plate.
This suggests that the demand for monetized shares is expanding further from a small number of large technology units to more event-driven and popular companies. The attention that has developed since SpaceX was placed on the market directly translates into the trade dynamics of the relevant products on the chain.
The market value of the stable currency fell during the same period
By contrast, the total market value of the stable currency fell to $312.0 billion in June. This is the biggest single month since Terrausd crashed.
The report presented two changes in parallel, showing that the financial structure of the chain was divided in June: on the one hand, a contraction in the size of the stable currency, and on the other hand, a significant increase in the exchange of monetized shares. In a single month, SpaceX IPO has become a central catalyst for this subdivision of market expansion.
