BTCC
/
BTCC Square
/
Global Cryptocurrency
/
xStocks Trading Volume Plummets 93% Post-July 4th, Highlighting Dependence on TradFi Schedules
xStocks Trading Volume Plummets 93% Post-July 4th, Highlighting Dependence on TradFi Schedules
6
3
BTCCSquare news:
xStocks, the tokenized equities platform, saw its trading volume collapse by 93% following the July 4th holiday, mirroring Wall Street's downtime. Despite operating 24/7, activity dwindled to $563,000 from a July 2nd peak of $8.5 million, with active wallets dropping from 6,600 to 1,700. The data suggests tokenized markets remain tethered to traditional finance rhythms.
SPYx and METAx, the platform's most traded tokens, led the decline. The sharp drop underscores a behavioral reliance on legacy market cycles, challenging the notion that decentralization alone can reshape trader habits. Dune Analytics figures reveal an uneven distribution of activity, with top tickers disproportionately affected by the holiday lull.
By:
Previous
7 Explosive Meme Coin Picks for 2025: From Joke to Juggernaut
Next
UAE Officials Clarify: Toncoin (TON) Staking Does Not Qualify for Golden Visa Program
