Nike Stock $NKE Launches on Solana via Sunrise Platform
Solana (SOL)
Editor:
Eugene Serbin
Bitcoinethereumnews.com reports that Nike’s stock, now tokenized as $NKE, has launched on the Solana blockchain through the Sunrise platform. Issued by Backpack Securities, this move integrates a major consumer brand into Solana’s growing equity market tokenization segment. The token is distributed across the Solana ecosystem, making it available in applications such as Backpack, Phantom, Jupiter, Raydium, and Kamino.
This launch allows crypto-native users to access Nike equity without relying on the traditional financial system infrastructure. For fiscal 2026, Nike reported revenue of $46.4 billion, marking a significant entry into the blockchain space. Sunrise aims to establish canonical markets for traditionally traded assets and connect them to the broader market.
This development signals the transition of tokenized stocks from experimental ideas to established financial systems. Backpack Securities has previously marketed tokens for companies like SpaceX, Intel, and GoPro to Solana. In 2026, Backpack Securities debuted its Security Exchange Platform to bridge traditional equity ownership with digital-asset infrastructure. Sunrise serves as the primary vehicle for transporting these assets onto the Solana network.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 9 September 2026. Not the outlet's figures.
Whalio spot data for SOL shows a price of $103.37 with a 1-hour buy ratio of 55.4%, indicating immediate buying pressure. However, the 4-hour buy ratio drops to 49.4%, suggesting that this short-term momentum is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 47.2%, confirming that selling pressure has dominated the day. Volume delta reflects this shift, with a positive $589,367 in the last hour contrasting against a negative $210,579 over four hours and -$11,169,161 over 24 hours. The cumulative volume delta (CVD) for the 24-hour close is -$8,616,062, showing net outflow. Spot volume reached $202,144,452 with 765,308 trades, while net buying occurred for only 7 of the 24 hours.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, SOL averaged a 50.8% buy ratio, making today’s 24-hour reading of 47.2% 3.6 percentage points below the average. Volume was recorded at 0.86x the weekly average, indicating a quieter trading day than usual. The coin saw net buying on 5 of the 7 days, with a total 8-day volume delta of +$18,420,491. Price increased by 3.4% over the eight-day period. This current day represents a deviation from the weekly norm, with lower volume and a buy ratio below the seven-day average.