Nvidia Tokenized Trading Falls 32.95% on Robinhood Chain as SPY Adds 473 Wallets

Tokenized Nvidia stock on Robinhood Chain logged $17.81 million in 24-hour trading value, a 32.95% drop from the previous snapshot. SPY went the other way on holders, adding 473 wallets even as its volume slid. Across the 200 tokenized securities in the Nov. 7 snapshot, aggregate trading value dropped 38.08%, landing at $116.21 million, while combined market cap inched up 0.76% to $157.31 million.

SPY, the heaviest name in the group, posted $28.62 million in trading value, off 47.64%, and its holder count reached 71,416. SpaceX recorded $14.88 million after a 10.55% slide, while Micron tallied $6.20 million, down 23.91%. Nvidia followed with the third-largest single-name volume in the set.

Wallet counts painted a different picture than volume. Nvidia added 221 wallets, bringing its total to 197,003. SpaceX picked up 156, SPDR Gold Shares gained 124 and Alphabet Class A added 63. On the losing side, AMD shed 42 wallets, Bloom Energy dropped 35 and Microsoft lost 26.

Onchain prices drifted from their regular-market reference prices in both directions. Dell traded at a 1.55% premium, ExxonMobil at 1.13% and Reddit at 0.95%. Marvell Technology sat at a 2.61% discount, with Oracle 0.82% below its reference. SK hynix changed hands at $128.39 onchain, a 0.82% premium, while its holder count slipped by four to 5,098.

USA Rare Earth was the loudest gainer by volume, notching $176,980 in trading value, up 119.28%. Its price climbed 4.99% to $8.20, even as holders thinned by one to 21,668.

Among other price moves, Hims & Hers Health rose 5.64%, SpaceX gained 5.39% and GameStop advanced 3.87%. Marvell fell 4.55%, Bloom Energy dropped 3.99% and SanDisk declined 3.92%. Wallet growth didn't guarantee price gains: Nvidia's price slipped 0.65% even as its holders grew, while SpaceX saw both climb alongside a shrinking outstanding token supply.