Jupiter: Tokenized Equity Trades Jump 215% QoQ
The Kobeissi Letter notes over 360 onchain tokenized equity products, up 200% YTD, as Jupiter records a 215% quarter-over-quarter rise in tokenized equity trade count with 60% of volume occurring outside regular hours.
SourceAnalysis
Jupiter recorded a 215% quarter-over-quarter surge in tokenized equity trade count, underscoring rapid adoption of onchain equity products amid expanding 24/7 demand. The Kobeissi Letter highlighted more than 360 such products now live, a 200% increase year-to-date, with ten exceeding $100 million in tokenized supply and roughly 60% of volume executing outside standard market sessions.
Price action on the JUP 4h chart shows the token trading at $0.33 against the upper Bollinger Band while RSI(14) sits at 76.22 in overbought territory and MACD maintains its golden cross. With price testing upper Bollinger resistance at $0.33 while RSI flashes overbought at 76.22, a healthy retracement to the 50-EMA support at $0.31 seems probable before further continuation, as both EMA50 and EMA200 converge at that level to anchor the bullish structure.
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