xStocks Assets Surge Past $100M on Ethereum, $30M on BNB Chain: xStocks
xStocks has surpassed $100M in whole market cap on Ethereum, pushed primarily by the expansion of STRCx, in response to Token Terminal knowledge revealed Might 11. The protocol has achieved roughly 1,000% year-to-date development on Ethereum. On $BNB Chain, xStocks belongings have individually crossed $30M in market cap, led by tokenized commodities together with copper, silver, platinum, and palladium.
xStocks allows customers to commerce tokenized representations of real-world shares and commodities on blockchain infrastructure. The protocol’s enlargement throughout a number of chains displays rising demand for asset tokenization in DeFi, with Ethereum remaining the first hub whereas $BNB Chain presents another deployment for customers looking for completely different price constructions and community economics.
Sources: Token Terminal | Token Terminal
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