What is Tesla tokenized stock (xStock)?

Tesla tokenized stock (xStock) (TSLAX) is an altcoin currently ranked 500th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $432.73, Tesla tokenized stock (xStock) carries a market capitalization of $432.73K. Daily trading volume across exchanges sits at roughly $3.40M. That works out to a 24-hour turnover of about 785.67% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.

Price action across timeframes

Over the past 24 hours, Tesla tokenized stock (xStock) has moved +2.54%; over the past week, Tesla tokenized stock (xStock) has moved +3.33%.

Cycle position

Tesla tokenized stock (xStock) is currently trading within striking distance of its all-time high (all-time high of $497.63, -13.0% from peak). .

Supply & dilution

The circulating supply stands at 1,000 TSLAX. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Tesla tokenized stock (xStock) in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.

How to evaluate Tesla tokenized stock (xStock)

A balanced read on TSLAX typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is TSLAX performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Tesla tokenized stock (xStock) (TSLAX) represents a digital asset that allows investors to gain exposure to Tesla's stock in a tokenized format, enabling trading on blockchain platforms. This provides liquidity and accessibility to stock investments through cryptocurrencies. Source: CoinPaprika.com