As of April 10, 2026, the tokenized Nvidia stock NVDAX on the Gate platform continues its recent strong performance. According to the latest data on the Gate stock token trading page, NVDAX is currently priced at $183.45, up 1.2% over the past 24 hours, and remains in a high-level consolidation pattern.
CoinMarketCap data shows that NVDAX has a current circulating supply of 241,200 tokens, with a market capitalization of $44.22 million.
Nvidia Stock Extends Winning Streak, AI Chip Leader Regains Momentum
The primary driver behind NVDAX’s price strength is the impressive performance of Nvidia’s underlying stock (NVDA) in the US equity market. On April 10, Nvidia’s share price closed up about 1% at $183.94, marking its seventh consecutive day of gains—the longest streak since November 2023. Nvidia also led the US stock market in total trading volume that day, with the stock closing up $1.83 or 1.01% at $183.91 and a trading value reaching $21.115 billion.
Analysts note that after several months of sluggish returns, Nvidia’s stock has rebounded and is now approaching a breakout from its narrow trading range—a bullish signal. From a technical perspective, Wall Street analysts believe that if Nvidia’s stock price breaks above the $185 mark, it will send a strong signal for capital rotation and could potentially push toward the $200 level.
Three Major Catalysts Driving NVDAX’s Rally
NVDAX’s recent rally is no coincidence—three core catalysts are at play:
OpenAI’s Massive Fundraising Recalibrates AI Computing Demand. AI giant OpenAI recently completed a $122 billion funding round, attracting investments from global tech leaders including Amazon, Nvidia, Microsoft, and SoftBank. Following this round, OpenAI’s valuation soared to approximately $852 billion. As a key supplier of AI chips, Nvidia’s participation further cements its central role in the artificial intelligence ecosystem.
Soaring H100 Rental Prices Highlight Compute Shortage. According to semiconductor research firm SemiAnalysis, the leasing price for Nvidia’s H100 chips surged from a low of $1.70 per GPU per hour in October 2025 to $2.35 per hour in March this year—a nearly 40% jump in just six months. This underscores the ongoing supply-demand imbalance for AI computing power.
Global Semiconductor Price Surge Lifts Industry Outlook. IDC’s latest research indicates that, driven by the expansion of AI computing, the global broad-based foundry market is set to exceed $360 billion by 2026, representing an annual growth rate of 17%.
Gate Stock Token Market Continues to Lead the Industry
As a global leader in cryptocurrency trading, Gate has maintained its advantage in the tokenized stock sector. As of early 2026, cumulative trading volume in Gate’s stock token section has surpassed $140 billion, with a monthly market share as high as 89.1%—ranking first in the industry.
Gate has also excelled in NVDAX contract trading. Data shows that open interest in Nvidia (NVDAX) contracts on Gate stands at approximately $2.53 million, with trading volume around $2.9 million—far ahead of other major platforms.
The Gate xStocks section supports both spot and perpetual contract trading (settled in USDT), offering 1–10x leverage for both long and short positions to meet the needs of investors with varying risk appetites. NVDAX is issued on both the Solana SPL and ERC-20 dual-chain standards, pegged 1:1 to Nvidia’s underlying stock, ensuring tight price linkage.
24/7 Trading: Capture Global Market Opportunities
Unlike traditional US equities, which are limited by trading hours, Gate’s stock tokens offer 24/7 continuous trading. Investors can adjust their positions at any time in response to market changes. When major news or geopolitical events occur while US markets are closed, Gate users can react immediately through NVDAX, avoiding the "weekend news, Monday open gap" scenario common in traditional investing.
This round-the-clock trading model makes NVDAX an ideal tool for capturing Nvidia’s price movements. Whether you’re a long-term value investor seeking to capitalize on the AI sector’s growth or an active trader looking to profit from price volatility, Gate’s platform offers trading solutions tailored to your strategy.
Conclusion
OpenAI’s record fundraising, persistent AI compute shortages, and the global semiconductor price surge together provide a solid fundamental foundation for NVDAX’s outlook. With over $140 billion in cumulative trading volume, an 89.1% industry market share, and a 24/7 trading mechanism, Gate delivers a convenient and efficient NVDAX trading experience. For investors focused on the AI sector and Nvidia’s stock performance, Gate’s stock tokens are undoubtedly a key entry point for capturing global tech investment opportunities.
