Society Pass Soars 275% on $770M Surge Jumps to 159th in Market Liquidity Amid 8561% Volume Spike

On October 6, 2025, Society Pass (SOPA) surged 275.89% with a trading volume of $770 million, marking an 8,561.94% increase from the prior day’s activity. The stock ranked 159th in overall market liquidity, signaling a sharp spike in investor interest and short-term volatility.

Recent market movements suggest heightened speculation around the asset, though no direct earnings reports or regulatory updates were disclosed. The abnormal volume spike implies potential arbitrage activity or algorithmic trading patterns, though no official explanations have been provided by the company or market participants.

To evaluate the strategy’s viability, key parameters require clarification: the investment universe’s scope, rebalancing frequency, weighting methodology, and trade cost assumptions. For instance, should the approach focus on U.S.-listed equities broadly or a narrower index? Positions could be equally weighted or adjusted based on volume or market capitalization. Additionally, the impact of transaction costs and slippage on performance metrics must be defined.

A benchmark comparison—such as against the S&P 500 or an equal-weighted portfolio—would further contextualize the strategy’s effectiveness. Once these parameters are finalized, historical volume data from January 3, 2022, to the latest close can be analyzed to simulate portfolio performance under specified conditions.