Backpack Chinese, the X account using the handle @Backpack_CN, shared a set of figures centered on $spcx, Backpack Securities and Solana. The post opened by saying it was “sharing some data” and placed the measurement period within one week of the SpaceX IPO. According to the post, the data relates to $spcx issued by Backpack Securities and traded on Solana, together with its share of tokenized SpaceX trading volume and liquidity.
SPCX accounted for 91.7% of tokenized SpaceX volume
Backpack Chinese said that within one week of the SpaceX IPO, $spcx generated $439 million in trading volume. The same post stated that this represented 91.7% of tokenized SpaceX trading volume. The post did not name other tokenized SpaceX products, nor did it break down how the $439 million in volume was distributed across individual days or sessions.
The wording in the post identified Backpack Securities as the issuer of $spcx and Solana as the network on which the token was traded. The figures therefore connect three separate data points: the dollar-denominated volume of $spcx, the percentage of tokenized SpaceX volume attributed to that instrument, and the role of Solana as the trading venue referenced in the post. The report is based on the figures made public by Backpack Chinese in that X post.
Liquidity reached $9.8 million, equal to 87.5% of tokenized SpaceX liquidity
In addition to trading volume, Backpack Chinese also disclosed a liquidity figure for $spcx. The post said $spcx reached $9.8 million in liquidity, accounting for 87.5% of tokenized SpaceX liquidity. This figure was presented alongside the trading volume data, putting transaction activity and liquidity share in the same statistical frame. The original post did not provide a detailed methodology for the liquidity calculation.
Taken together, the two ratios shared by Backpack Chinese were 91.7% for tokenized SpaceX trading volume and 87.5% for tokenized SpaceX liquidity. Both figures referred to the same stated period: within one week of the SpaceX IPO. The post did not include a product-by-product comparison of other tokenized SpaceX instruments, other issuers or other trading networks.
Solana tokenized stock volume reached $1.04 billion
The post also said Solana set a new all-time high in tokenized stock trading volume, reaching $1.04 billion. Backpack Chinese added that Solana led all networks and accounted for 70.6% of total trading volume. This part of the post broadened the discussion from $spcx and tokenized SpaceX to tokenized stock trading activity on Solana as a network.
At the end of the post, Backpack Chinese wrote: “Overcome every obstacle and make sure liquidity happens on Backpack and Solana,” followed by a salute emoji. This closing line appeared together with the numerical figures of $439 million in $spcx volume, $9.8 million in liquidity, $1.04 billion in Solana tokenized stock trading volume and Solana’s 70.6% share of total volume across all networks.
The X page showed the post time as 6:19 on June 20, 2026, and displayed 8,298 views. The page also showed the phrase “Read 15 replies.” Foresight categorized the item as market analysis and referenced the original Backpack Chinese post on X as the source link.