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Backpack Securities Hits New Monthly Volume Record on Solana

Backpack Securities has set a new monthly volume record just four months after launching tokenized assets on Solana.

Backpack Securities has set a new monthly volume record just four months after launching tokenized assets on Solana. Solana (SOL) is trading at ₹8,972 ($94.36), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Mon, 02 Nov 2026 12:15:01 UTC.

Why it matters

The new record highlights the growing adoption of tokenized assets on the Solana blockchain and underscores Backpack Securities' rising influence in the crypto trading space.

Key takeaways
  • Backpack Securities reached a new monthly volume record on Solana.
  • The platform launched tokenized assets on Solana four months ago.
  • Solana's market cap is $55.57B, despite a 1.27% 24h price drop.

Backpack Securities has set a new monthly volume record on the Solana blockchain, just four months after the platform began offering tokenized assets. This achievement highlights the growing demand for tokenized assets and the increasing influence of Backpack Securities in the crypto trading ecosystem.

The Solana blockchain, which hosts Backpack Securities, has a market cap of $55.57 billion, despite a 1.27% drop in SOL's price over the past 24 hours. This suggests that the platform's growth is not solely tied to SOL's performance but also to the broader adoption of its infrastructure.

The total crypto market cap stands at $2.68 trillion, with the overall market remaining relatively flat. Bitcoin is down 0.04% over the past 24 hours, and the Fear & Greed Index is at 37, indicating a 'Fear' sentiment in the market.

Backpack (BP) itself has seen a slight 0.81% drop in price over the past 24 hours, currently trading at $0.920893. However, the platform's monthly volume record indicates strong user engagement and potential for future growth.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Solana (SOL) has moved from ₹8,951.07$94.14 to ₹8,971.98$94.36 — +0.23%.

$94.11$94.18$94.25$94.32$94.39 published · $94.14 now · $94.36 (+0.23%) Nov 2 11:02 UTC Nov 2 12:15 UTC
BeforeSince publishPublished · ₹8,951.07$94.14
CoinAt publishNowSince publish
SOL₹8,951.07$94.14₹8,971.98$94.36+0.23%
JST₹13.27$0.1396₹13.30$0.1399+0.21%
BP₹87.56$0.9209₹88.00$0.9255+0.50%

The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 SOL ≈ ₹9,860.62 (about $94.36), down 0.8% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

#7
₹8,971.98$94.36 ▼ 0.83%
+0.23% since this brief published
7d -7.24%MCap ₹5.29TFull SOL data →
JST
#69
₹13.30$0.1399 ▲ 2.32%
+0.21% since this brief published
7d -1.33%MCap ₹106.62BFull JST data →
#149
₹88.00$0.9255 ▼ 0.44%
+0.50% since this brief published
7d -5.36%MCap ₹22.00BFull BP data →
The market when this published · November 2, 2026
Total market cap₹254.89T
Bitcoin 24h-0.04%
Ethereum 24h+0.76%
BTC dominance58.4%
Fear & Greed37 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 2, 2026.

SectorTokenized real-world assets (RWA)$3.73Bacross 28 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$6.15BDeFiLlama ↗
Solana DeFi TVL$5.47BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Backpack Securities Hits New Monthly Volume Record on Solana — questions & answers

What is Backpack Securities' monthly volume record?

The exact figure is not provided, but it is a new record set four months after launching on Solana.

How has Solana's performance impacted Backpack Securities?

Solana's market cap is $55.57B, but SOL's 1.27% 24h drop suggests Backpack's growth is not solely tied to SOL's price.

What is the current market sentiment?

The Fear & Greed Index is at 37, indicating a 'Fear' sentiment in the market.

How much is 1 Solana worth in rupee today?

About ₹9,860.62 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $94.36. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.

Has Solana's price moved since this brief was published?

SOL is up 0.23% since this brief first published — trading at ₹8,972 ($94.36) now versus ₹8,951 ($94.14) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 2, 2026 ⛓ Timestamped at Bitcoin block #974,248 sha256:0f1286ed5796919a
Based on reporting by Coinfomania — this is an original Token Times summary with live market data, not the original article.Coinfomania · Nov 2 11:02 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.