Track market-moving stories before they get noisy

PANews, August 6 – Coinbase released its Solana validator operations report for the second quarter of 2026, stating that its Solana validators outperformed the network average in yield, stability, and infrastructure distribution.

Data shows that Coinbase currently stakes approximately 41.63 million SOL through 23 validator nodes, accounting for 9.72% of Solana’s total staked amount. The nodes are distributed across 7 countries, including the United States, the United Kingdom, Germany, Japan, and Singapore. Key operational data are as follows:

Staking scale: 41.63 million SOL, accounting for 9.72% of the network’s total staked amount; Staking yield: Q2 2026 APY of 6.52%, above the network average of 6.38%, leading by 14 basis points; Block skip rate: 0.035%, lower than the network average of 0.136%, approximately one-quarter of the network average. Coinbase states that its validators adopt a multi-client architecture, currently running four clients: Harmonic, Jito, JitoBAM, and Firedancer. All solutions have been reviewed by the Solana Foundation and do not employ aggressive MEV timing strategies that could affect user experience.

In terms of infrastructure, Coinbase deploys its validators on two independent bare-metal providers and configures off-site backups for each node to reduce the risk of single points of failure. Meanwhile, the company states that it has migrated the entire validator cluster to the DoubleZero network, achieving approximately 99.9% session availability.

Coinbase also revealed that it is preparing for Solana’s anticipated Alpenglow consensus upgrade later in 2026, including running community test nodes, developing new consensus health monitoring tools, and completing voting account upgrade verification.

Coinbase stated that as Solana evolves towards a lower-latency consensus mechanism, high-performance infrastructure and stable validators will be critical factors in ensuring network operations.

Stablecard holds remittances as USDPT, the Anchorage-issued Solana token Western Union launched in May, and spends the balance anywhere Visa is accepted. The stablecoin behind it has $7.4 million in circulation.

Western Union and stablecoin card issuer Rain launched Stablecard on Aug. 4, a digital wallet and Visa card that lets people receive money transfers as USDPT and spend the balance at any Visa merchant or ATM.

Stablecard extends Western Union's onchain push from settlement infrastructure into a consumer-facing product. The company moved $107.4 billion in cross-border principal across 285.9 million consumer money transfer transactions in 2025, and Stablecard gives recipients of that money a dollar-denominated balance they can spend without converting to local currency.

Stablecard is live in 37 markets, which Western Union said include “the key markets where local currency is not stable and demand for stablecoins is already visible.” The company did not name them, and is targeting more than 60 markets by the end of the year. The app is available in the Apple App Store and Google Play, the card can be loaded into Apple Pay and Google Pay, and users can move USDPT to and from outside wallets and exchanges.

“By combining the stability of a dollar-backed digital asset with the scale of Western Union's global network and Visa's acceptance footprint, we're giving consumers a new way to hold value, move money and spend confidently across borders,” said Devin McGranahan, Western Union's president and chief executive, in the release.

Secured Credit WrinkleWestern Union describes Stablecard as a “USDPT-backed Visa secured credit card.” Secured cards conventionally require the holder's deposit to collateralize the credit line, but Western Union did not detail the mechanics, credit limits, interest terms or fees, and neither company said whether the USDPT balance is drawn down directly at the point of sale.

Western Union first flagged the product in December 2025, when Chief Financial Officer Matt Cagwin described a “stable card” at the UBS Global Technology and AI Conference aimed at remittance receivers in high-inflation economies, citing Argentina. He framed it then as an addition to Western Union's existing prepaid card. The Aug. 4 release widens the target beyond inflation hedging to “everyday spenders.”

$7.4 Million OnchainUSDPT, issued by Anchorage Digital Bank on Solana and redeemable 1:1 for dollars, has 7.4 million tokens in circulation held across 162 addresses, according to Solana onchain data. That is 0.05% of the $15.8 billion in stablecoins on Solana, per DefiLlama, and a rounding error against the $300 billion stablecoin market.

The token went live May 4 and picked up its first major exchange distribution a month later, when Bybit integrated it for Latin American users. Stablecard is its first distribution channel aimed at people who are not already crypto users.

Rain Under The HoodRain supplies both the wallet and the card issuing. The company is a principal member of Visa and Mastercard, issues cards accepted at more than 175 million merchant locations in over 200 countries and territories, and counts more than 100 organizations as partners.

“Western Union is putting stablecoin efficiency in the hands of people who have never thought about onchain money and never need to,” said Farooq Malik, Rain's chief executive and co-founder. On X, Rain framed the deal in volume terms: “$100B a year for 100M customers is moving onchain.”

That framing runs ahead of the product. Stablecard is available in 37 of the more than 200 countries and territories Western Union serves, and the company has not said how much of its principal volume it expects to route through USDPT.

Shrinking Core BusinessThe launch lands five days after an earnings report that sent Western Union shares to a 52-week low. Second-quarter GAAP revenue came in at $1.0 billion, down 1% year over year, with North America revenue down 9% on an adjusted basis. Adjusted earnings fell to $0.31 per share from $0.42, and the company cut full-year adjusted earnings guidance to $1.25 to $1.35 per share, from the $1.75 to $1.85 range it reaffirmed in April.

Digital and Consumer Services are the growth lines. Branded Digital transactions rose 25% year over year and now account for 43% of consumer money transfer transactions. Consumer Services revenue grew 4% on a GAAP basis and 12% adjusted, though the segment's operating margin fell to 16% from 22%.

Western Union stock traded at $6.89 on Aug. 4, up 5.2% on the day, giving the company a market capitalization of $2.14 billion. The shares hit a 52-week low of $6.27 on July 31, the day after the earnings report, against a 52-week high of $10.35. SOL was flat at $73.56, according to CoinGecko.

Fintech

4 August 2026 | 07:53 Kamino announced a new product called Kamino Institutional Yield, designed to connect capital held on Solana with credit markets outside crypto.

Key Takeaways Commodity Yield targets approximately 7% to 8% and opened with a $25 million deposit cap. Depositors receive kicUSDC, representing their share of the vault and its accrued yield. Withdrawals depend partly on loans being repaid, so immediate access is not guaranteed at every size. The higher target return comes with offchain legal, operational and counterparty risks. For users already moving USDC between DeFi lending markets in search of better returns, a target yield of 7% to 8% will immediately stand out.

Kamino’s new Commodity Yield vault offers that return by financing short-term commodity trades rather than lending against crypto collateral. Users keep an onchain position through Solana, but the money ultimately depends on commodity traders, banks, escrow agents, insurers and legal agreements operating outside the network.

That is the central trade-off. Depositors gain access to a form of institutional credit that is normally difficult for individuals to reach, while giving up some of the liquidity and transparency associated with automated onchain lending.

Kamino describes the product as institutional-grade credit brought onto Solana through its new Kamino Institutional Yield platform.

Say hello to institutional-grade credit on Solana via @kamino https://t.co/jRD0vNVbtj

— Solana (@solana) August 3, 2026

What Happens After You Deposit USDC Users deposit USDC into the Commodity Yield vault and receive kicUSDC. That token represents their proportional interest in the strategy and reflects the yield generated by its underlying loans.

Kamino says the capital is deployed through a fund structure regulated by the Cayman Islands Monetary Authority, or CIMA. The fund then finances short-duration commodity transactions.

Solana handles the deposit, vault accounting and ownership token. The borrowers, goods, escrow balances, insurance and repayment agreements remain offchain.

This means owning kicUSDC is different from lending USDC through a conventional DeFi money market. Depositors are exposed to the performance of a managed credit portfolio rather than a visible pool of crypto-backed loans controlled mainly by smart contracts.

How a Commodity Trade Produces the Yield Kamino explains the process through an example involving a copper trader.

The trader agrees to buy copper from a wholesaler for $9 million and sell it to an end buyer for $10 million. The supplier wants payment before shipping, while the buyer pays only after receiving and inspecting the copper.

The trader needs temporary financing to bridge that gap.

Capital from the Kamino vault is provided through a special-purpose vehicle and fund structure. The money is placed in a segregated escrow account that the wholesaler can verify before releasing the shipment.

The copper is insured while in transit. Once it arrives and passes inspection, the escrow account pays the supplier. The end buyer later pays the amount agreed in the sales contract, allowing the trader to repay the financing with interest.

The interest paid by the trader becomes revenue for the vault and contributes to the return received by kicUSDC holders.

The transaction begins with an identified supplier, buyer and commercial margin. Even so, shipment delays, disputed goods, fraud, borrower failure or problems enforcing contracts can still interrupt repayment.

What Withdrawals May Look Like in Practice Kamino says withdrawals can be completed immediately while the vault has enough available USDC in its liquidity buffer.

When redemption requests exceed that buffer, depositors may need to wait for outstanding loans to mature. The underlying money cannot always be returned instantly because part of it may still be financing goods that have not completed their commercial journey.

Someone withdrawing a small amount during normal conditions may receive USDC quickly. A larger request, or many users withdrawing at once, could create a queue until borrowers repay their loans.

Before depositing, users should check whether Kamino discloses:

The size of the vault’s liquid USDC buffer. The average duration of outstanding loans. How queued withdrawals are processed. Whether redemptions can be paused or delayed. Any fees charged when entering or leaving the vault. This product is therefore unsuitable for money that may be needed immediately. A 7% to 8% target becomes less attractive if the depositor cannot tolerate waiting for repayment during stressed conditions.

Collateral Helps, but Recovery Can Still Take Time Kamino says the loans are supported by physical commodities and/or cash held in 1:1 escrow accounts with tier-one banks.

Cash escrow can offer relatively direct protection because funds have already been placed with a bank. Physical collateral is more complicated. Goods may need to be located, inspected, legally seized and sold before lenders recover their money.

The value of a commodity can also change while a dispute is being resolved. Insurance may cover damage or loss during shipping without covering fraud, contractual disputes or every form of borrower failure.

“Fully collateralized” therefore describes the assets intended to support the loan. It does not promise instant or complete recovery in every default scenario.

The Main Risks Are Not Visible on Solana Blockchain records can show USDC entering the vault, kicUSDC being issued and tokens moving between wallets. They cannot verify whether a shipment exists, whether the goods meet the agreed quality or whether an invoice is genuine.

Repayment may depend on:

Commodity traders and corporate borrowers. Suppliers and end buyers. Escrow agents and commercial banks. Shipping companies, inspectors and insurers. Fund managers, administrators and legal entities. The Solana contracts could work exactly as designed while an offchain problem still delays or reduces the amount returned to the vault.

Jurisdiction adds another layer. The fund structure is based in the Cayman Islands, while borrowers, banks, goods and commercial counterparties may operate elsewhere. A dispute could involve several legal systems and take longer to resolve than an automated crypto liquidation.

Kamino says the vault will provide continuous portfolio transparency. For depositors, the useful details will be loan maturities, borrower concentration, collateral location, repayment status, overdue balances and completed recoveries, not simply the total value deposited.

How It Differs From a DeFi Lending Pool Kamino Institutional Yield vs. Standard DeFi Money Markets Comparison Standard DeFi Lending Kamino Commodity Yield Source of Return Interest paid by users borrowing crypto assets. Interest paid on short-term commodity-finance loans. Borrowers Usually pseudonymous wallets using onchain collateral. Identified businesses participating in commodity trades. Collateral Digital assets held in smart contracts. Physical commodities and/or cash escrow, according to Kamino. Transparency Loans and collateral are generally visible onchain. Deposits are visible onchain, while loan performance relies partly on external reporting. Default Handling Smart contracts can automatically liquidate collateral. Recovery may require escrow release, insurance or legal enforcement. Withdrawals Depend on available liquidity in the lending pool. Use a liquidity buffer, with larger requests potentially waiting for loan repayments. Who the Vault May Suit Commodity Yield may appeal to users who want USDC exposure to private credit and are comfortable evaluating risks that cannot be checked entirely through blockchain data.

It is more suitable for depositors who:

Can leave their funds invested through the duration of the underlying loans. Accept that withdrawals may sometimes be delayed. Understand that a stablecoin deposit is not the same as a protected cash account. Are comfortable relying on fund managers, banks and legal agreements. Can assess the vault through portfolio reports rather than onchain data alone. It is a weaker fit for anyone treating USDC as emergency cash, requiring guaranteed immediate withdrawals or expecting smart contracts to manage every important risk automatically.

Why the $25 Million Cap Matters Commodity Yield opened with a maximum of $25 million in deposits. That gives Kamino room to test its lending, reporting and redemption processes without taking unlimited capital from the beginning.

The cap also keeps the launch in perspective. It introduces a new type of credit product on Solana, but it does not yet show that commodity finance can operate at significant scale through the network.

The first completed lending cycles will provide more useful information than the headline yield. Investors will be able to see whether borrowers repay on schedule, whether withdrawals work during periods of heavier demand and how close the realized return comes to the 7% to 8% target after fees.

What the Product Adds to Solana Most tokenized real-world-asset products have focused on government debt, money-market funds and the reserves supporting yield-bearing stablecoins. Kamino is bringing a different form of credit onto Solana’s distribution layer.

The blockchain makes it easier to deposit USDC, receive a transferable vault position and track ownership. The fund handles the commercial lending that cannot be completed entirely through smart contracts.

A successful first vault could lead to other private-credit strategies. Its importance will be determined by repayment performance, withdrawal reliability and sustained demand rather than the launch announcement alone.

Kamino is offering DeFi users a higher target return by moving beyond crypto-native lending. The price of that return is exposure to the slower and less transparent world of borrowers, banks, shipments and legal enforcement.

Disclaimer: This article is for informational purposes only and does not constitute financial, legal or investment advice. Yield targets are not guaranteed, and offchain credit structures can involve liquidity, counterparty, operational and legal risks. Methodology: This article uses Kamino’s official launch announcement and explanatory materials for Kamino Institutional Yield and the Commodity Yield vault, together with Solana’s public post about the launch. Product descriptions, target returns and collateral claims are attributed to Kamino. Author

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

Backpack just did something that shouldn’t really be possible on paper. The exchange overtook xStocksFi in monthly tokenized equities volume on Solana in July 2026, pulling in $1.06 billion in trading volume. The kicker: Backpack holds roughly 5% of Solana’s total tokenized stock supply, while xStocksFi controls about 87%.

That 73% issuer market share came exactly one month after Backpack launched its tokenized securities offering.

How a 5% supply player captured 73% of volume Backpack’s edge appears to come from its propAMM models, a proprietary automated market maker design built through strategic partnerships that concentrates liquidity more efficiently than traditional order book or AMM approaches.

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The platform’s SpaceX token, trading under the ticker SPCX, has been a standout performer. Shortly after its June 2026 listing, SPCX crossed 10,000 onchain holders. Cumulative volume on that single token surpassed $350 million.

Backpack’s tokenized version of SK Hynix, listed as SKHY through a partnership with Sunrise, generated $1.18 million in volume on its very first day of trading on July 10.

Traditional stock markets operate roughly 6.5 hours per day, five days per week. Tokenized equities on Solana trade around the clock.

Solana’s quiet dominance in tokenized equities Solana now accounts for approximately 95% of all global onchain tokenized-equity trading. The category’s cumulative volume has crossed $10 billion, with recent monthly growth of around 180%.

The Backpack-xStocksFi competition reflects a divergence in approach: xStocksFi, developed by Backed Finance and closely integrated with Kraken’s infrastructure, has built its dominant supply position using models that incorporate synthetic elements. Backpack, operating as a regulated brokerage, has leaned into direct redeemability and 1:1 backing with real shares.

What this means for investors The $1.06 billion monthly figure deserves some scrutiny before anyone gets too excited. Trading volume can be inflated by wash trading, bot activity, or incentivized liquidity programs that temporarily juice numbers. The SpaceX token’s organic holder growth suggests at least some of this volume is genuine.

xStocksFi still controls 87% of the tokenized stock supply on Solana. Solana’s 95% market share in tokenized equities creates concentration risk: if the chain experiences downtime, an entire global tokenized equity market effectively pauses.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

August 2026 brings another busy month for Solana ecosystem token unlocks, with more than a dozen projects scheduled to release additional supply into circulation.

While July was defined by Pump.fun's large 12-month cliff expiration, August shifts back toward recurring monthly vesting events. Even so, several unlocks coincide with major protocol developments that could shape how market participants interpret the additional supply entering circulation.

As always, token unlocks do not guarantee price movement. However, they remain an important consideration when evaluating potential short-term market dynamics.

Here is a breakdown of the most notable Solana ecosystem token unlocks scheduled for August 2026.

$TRUMP The Official Trump token will release 28.02 million $TRUMP through linear vesting during August. The unlock is valued at approximately $40.90 million and represents 11.28% of the token's circulating supply and 2.80% of total supply.

The unlock comes just weeks after U.S. President Donald Trump's 2025 financial disclosure revealed that cryptocurrency generated more income for him than his traditional real estate, golf, and resort businesses.

The annual filing with the U.S. Office of Government Ethics reported more than $1.4 billion in crypto-related income during 2025. Among the largest contributors were approximately $635.1 million from the $TRUMP memecoin and $236.3 million generated through World Liberty Financial token sales. Combined, those ventures accounted for well over $1 billion in reported crypto-related earnings, highlighting how digital assets have become the president's largest business segment.

$PUMP Pump.fun will unlock 7 billion $PUMP tokens through linear vesting during August. The release carries an estimated value of $14.72 million and represents 1.77% of the circulating supply and 0.83% of the total supply.

At TGE, Pump.fun allocated 33% of the total 1 trillion token supply to team members and existing investors under a vesting schedule consisting of a 12-month cliff followed by 36 months of linear vesting. With the cliff now complete, August marks the second month of those recurring monthly distributions.

$JTO Jito will unlock 18.59 million $JTO tokens through linear vesting during August. The release is valued at approximately $9.19 million and represents 3.67% of the circulating supply and 1.859% of the total supply.

The unlock follows the launch of JTX on July 14, Jito's flagship consumer-facing trading application. The platform expands Jito's ecosystem beyond infrastructure products such as the Jito Block Engine, $jitoSOL, and Block Assembly Marketplace plugins.

According to the JIP-38 proposal, 80% of all JTX revenue flows toward $JTO value accrual, while the remaining 20% will support ongoing protocol development. With JTX now live, August marks the first full month in which the application contributes to Jito's broader ecosystem, making the project's monthly unlock particularly notable as market participants evaluate its long-term impact.

$GRASS Grass will unlock 21.73 million $GRASS tokens beginning on August 28 alongside its ongoing linear vesting schedule. The release is valued at approximately $6.89 million and represents 3.32% of the circulating supply and 2.173% of the total supply.

The unlock follows the launch of Grass Wallet and Grass opening claims for Stage 2 Rewards on July 23, covering bandwidth contributions made between October 14, 2024 and June 8, 2026. Rather than distributing rewards in $GRASS, the protocol paid contributors in $USDC.

The decision sparked widespread debate across the community. Some community members questioned the long-term utility of the native token if network contributors no longer receive incentives denominated in $GRASS.

Attention now turns toward future tokenholder updates, where supporters and critics alike will be looking for greater clarity around token utility, value accrual, and the protocol's broader revenue strategy.

$KMNO Kamino will unlock 229.17 million $KMNO through linear vesting on August 30. The release is valued at approximately $4.19 million and represents 4.39% of circulating supply and 2.29% of total supply.

The unlock continues Kamino's established monthly vesting schedule and remains one of the larger recurring releases among Solana DeFi protocols.

Disclaimer: SolanaFloor is a subsidiary of the Jito Network

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Robinhood Chain Takes the Lead in RWA Holders@RobinhoodCrypto has claimed the top spot in real-world asset (RWA) holder count, surpassing established Layer 1 networks with 365,212 unique addresses according to data from @Rwa_xyz. The milestone is especially striking given that the network only launched its public mainnet on July 1, 2026.

The chain sits ahead of @Solana (323,832 holders) and @BNBChain (299,884 holders) in the race to bring tokenized assets to a broad retail base. @plumenetwork, which has built RWA-native infrastructure from the ground up, follows with 249,276 holders, placing it ahead of @Ethereum at 221,314.

The speed of Robinhood's rise is explained in large part by its existing customer base. Unlike many blockchain projects that first focus on crypto-native users, Robinhood entered the space with millions of existing brokerage customers, and that distribution is translating into rapid adoption of real-world assets. The company can promote blockchain-based financial products directly to approximately 28 million funded brokerage accounts.

Context: Holder Count vs. Asset ValueThe holder count lead does not tell the full story. Ethereum's RWA value sits between $17 billion and $18 billion, while Solana's RWA market exceeds $3.3 billion. Robinhood's distributed asset value of $24.12 million is roughly 0.1% of what Ethereum's RWA ecosystem is worth. In other words, Robinhood Chain leads on breadth of participation, not depth of capital.

Activity on the chain has also been mixed in its early weeks. Tokenized assets are not yet the chain's dominant activity driver, with meme coin trading currently accounting for the majority of decentralized exchange volume, even though tokenized stocks are viewed as the network's long-term differentiator. More recently, however, momentum has shifted. The value of tokenized equities and related holdings has climbed rapidly, with the market capitalization of RWAs on the network growing approximately fivefold over a two-week span and exceeding the $70 million threshold.

Robinhood Stock Tokens are accessible in over 120 countries and issued as debt securities by Robinhood Assets (Jersey) Limited. The chain runs on the Arbitrum Orbit stack with 100-millisecond block times, integrations with Chainlink oracles for price feeds, and support for the Paxos-issued USDG stablecoin.

The broader RWA sector is expanding quickly as well. The number of RWA holders across all chains has grown to 1.09 million, up from around 375,000 a year ago. Whether Robinhood Chain can convert its holder lead into deeper balances and sustained transfer activity remains the key question for the months ahead.

Sources:
Crypto Briefing: Robinhood surpasses Solana in RWA holder count
CryptoPotato: Robinhood Chain becomes largest blockchain by RWA holder count
Crowdfund Insider: Robinhood Chain RWAs surge as tokenized stocks scale up

Solana is experiencing a marked surge in network adoption, as recent data shows a significant rise in wallet activity and robust institutional inflows. The blockchain platform, known for its high throughput and fast transaction times, continues to capture investor attention as both retail and institutional participation strengthen across its ecosystem.

Network activity and wallet growthAccording to data analytics platform SolanaFloor, July saw the number of active trading wallets on the Solana network reach a seven-month peak. Approximately 609,000 unique wallets engaged in trades, indicating renewed participation from both individual and institutional users. This upswing reflects growing confidence in the expansion of Solana-based decentralized applications and broader blockchain services.

The increase in active wallets is widely interpreted as a sign of deepening on-chain engagement, with users interacting across decentralized exchanges, DeFi platforms, and different token markets built on Solana. Sector analysts view rising wallet numbers as an encouraging sign for network adoption and liquidity, which could reinforce Solana’s long-term growth trajectory if the trend endures.

Over 609,000 unique wallets conducted trades in July, marking the highest level of activity on Solana in the past seven months and signaling renewed interest from both retail and institutional participants.

If this pattern persists, observers suggest that confidence in Solana’s ecosystem and its decentralized projects may continue to strengthen, supporting future development and broader adoption.

Institutional demand intensifies with Bitwise ETF inflowsInstitutional demand continues to play a critical role in Solana’s upward trajectory. According to figures compiled by analytics firm Arkham, asset manager Bitwise has now acquired $891.9 million worth of SOL through its BSOL exchange-traded fund, positioning it as the largest Solana-based ETF by assets.

This fund now accounts for nearly 80% of total Solana ETF inflows, underlining significant institutional demand as investors pursue regulated access to Solana’s blockchain network.

Through these sustained inflows, Bitwise has become one of the top holders of SOL, driving speculation that further acquisitions may occur if investor interest remains strong.

As exchange-traded funds must purchase the actual cryptocurrency when issuing shares, any additional investment in BSOL is expected to result in further accumulation of SOL for the fund.

Mini dictionary: Bitwise—An established asset management firm, Bitwise offers cryptocurrency index and single-asset funds to accredited and institutional investors, aiming to provide regulated pathways into various digital assets.

FundSOL holdings (USD)Share of ETF inflowsBitwise Solana ETF (BSOL)$891.9 million80%Other Solana ETFs$223 million (approx.)20%SOL price at key level amid cautious optimismDespite positive signs on-chain and continued ETF acquisitions, the price of SOL stands at $73.08, indicating neutral market sentiment. Noted crypto analyst BitGuru emphasized that SOL has now entered a crucial support zone, garnering increased attention from traders and market participants.

Buyers are starting to defend this level, which analysts suggest could signal the potential for renewed bullish momentum if the support holds. Historically, similar activity around key support regions has preceded upward moves in SOL’s price.

Market participants highlight that confirmation of a rebound from current support is essential for sustaining any potential uptrend in SOL, as trading activity intensifies around the $73 price level.

Technical analysts report that if trading volumes continue to recover, SOL could move toward resistance near $78. However, a breakdown of the current support zone may increase selling momentum and potentially push prices lower.

Price LevelStatus$73Support zone$78Resistance targetLooking ahead, market observers note that further progress for Solana will depend on buyers’ ability to maintain key support areas, along with sustained network and institutional engagement.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Anza, a developer-focused company advancing the Solana blockchain platform, has announced a new cryptographic proposal named Quantumglow. The initiative aims to enhance Solana’s security by making its network resilient against potential quantum computing threats, while maintaining its signature speed and execution capacity.

Introducing Quantumglow for post-quantum securityQuantumglow will provide an upgrade to Solana’s current Alpenglow protocol, which forms the consensus and execution layer of the Solana blockchain. Anza stated that this adaptation will allow Solana to support post-quantum signature schemes without compromising the efficiency of reaching consensus on the network.

The developers at Anza have emphasized that this move is a proactive response to growing concerns about future cyber-attacks that could potentially exploit cryptographic vulnerabilities, particularly those stemming from ECDSA and Ed25519 keys, with the advent of quantum computers.

Quantumglow has been created to introduce quantum-resistant cryptography to Solana’s network, ensuring that post-quantum signature schemes can be adopted while preserving Solana’s speed and performance.

The project remains in the research phase, with no specific release date announced. Anza aims to ensure that Solana stays ahead of potential regulatory changes affecting cryptographic standards, reflecting a broader trend in the blockchain industry toward enhancing resilience ahead of attempted standardization.

Mini dictionary: Alpenglow, Solana’s consensus and execution layer, enables the decentralized network to process and validate transactions rapidly, underpinning Solana’s reputation for high throughput.

Impact on validators, developers, and the broader ecosystemQuantumglow’s deployment is expected to require extensive adaptation from various participants in the Solana ecosystem. This includes validators, developers, institutions, and exchanges operating on Solana’s blockchain. Validators, responsible for operating the network’s infrastructure, will likely play a key role in implementing the new verification processes introduced by the quantum-resistant protocol.

Supporters claim that integrating quantum-resistant signatures could significantly reduce long-term security risks for Solana. Financial regulators tracking digital asset security may also view this move as evidence that Solana prioritizes network safety in anticipation of future regulatory demands.

Quantumglow reflects an industry-wide push for higher blockchain security as quantum computing capabilities advance, keeping performance intact without delay for post-quantum cryptography.

While some other blockchain protocols have begun exploring quantum-resistant cryptography, Anza’s proposal distinguishes itself by maintaining Solana’s established high-performance standards. As the crypto sector anticipates future advances in quantum computing, Solana and its developer partners aim to set a precedent for robust and scalable security measures.

Further details regarding the rollout and technical specifications of Quantumglow are expected as research and development progress continues within Anza’s teams.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

If you’ve been staking SOL, ATOM, or INJ through Ledger and noticed a name change on your validator, you’re not losing it. Bitwise has officially swapped the Chorus One branding on its Ledger Wallet validator nodes to “Bitwise” across Solana, Cosmos, and Injective.

The cosmetic surgery was expected. Bitwise acquired Chorus One back in February 2026, bringing along more than $2.2 billion in staked assets. The rebrand is the final step in making that marriage official across user-facing platforms.

Same infrastructure, new name tag Here’s the thing: nothing about the actual staking experience changes. Same validator infrastructure. Same fees. Same rewards mechanics. The only difference is the label you see in the Ledger Wallet app, which now reads “Bitwise” or “Ledger by Bitwise” depending on the chain.

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Chorus One was one of the more respected institutional staking operators in the business, running validator nodes across more than 30 proof-of-stake networks. Bitwise didn’t acquire it to gut the operation. It acquired it to wear the jersey.

The rebrand also serves a branding consolidation purpose. Bitwise has been steadily building out what it calls Bitwise Onchain Solutions, or BOS, its division focused on staking infrastructure for institutional and self-custody users.

Why Bitwise is going all-in on staking Bitwise now manages over $15 billion in client assets across its entire operation. The Chorus One acquisition wasn’t just about adding validator nodes. It was about positioning the firm as a one-stop shop for institutions that want exposure to proof-of-stake yields without building their own infrastructure.

By absorbing Chorus One’s operations across 30-plus networks, Bitwise instantly became one of the largest institutional staking providers in the space. The $2.2 billion in staked assets it inherited isn’t pocket change.

The emphasis on Ledger integration is also telling. Bitwise has been vocal about offering “institutional-grade infrastructure tailored for self-custody users,” specifically highlighting competitive staking yields for Solana through Ledger.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Seoul, South Korea, 30th July 2026, ChainwireBy Chainwire

Jul 30, 2026

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Seoul, South Korea, July 30th, 2026, Chainwire

Flowra, the open orderflow auction and validator infrastructure platform for Solana, today announced a collaboration with compliance infrastructure provider Honeypot to integrate sanctions and risk screening directly into the block-building process.

The collaboration combines Honeypot's compliance intelligence with Flowra's Programmable Block Policy (PBP), enabling institutional validators to define compliance rules governing which transactions and bundles can be included during block construction.

The integration is designed to support screening against sanctions-related criteria, including wallet addresses associated with sanctioned entities, as well as network-level indicators such as VPNs, proxy services and Tor exit nodes, methods that account for an estimated 31-61% of traffic arriving through network obfuscation. The framework is also being designed to support additional enterprise compliance providers over time.

Each validator will define its own policy, preserving validator autonomy while giving operators greater flexibility over block-building decisions.

"Public blockchains have become increasingly attractive to institutional participants, but the infrastructure hasn't evolved to give validators the compliance controls many regulated operators expect," said Harry Hwang, CEO of Flowra. "We're working with Honeypot to bring compliance into the block-building process itself, allowing validators to define and enforce their own policies before transactions are included on-chain. The goal isn't to make the network less open, it's to give individual validators the flexibility to operate in a way that reflects their own requirements."

The collaboration will initially focus on sanctions screening, wallet screening and auditability for regulated institutions, with additional technical details to be shared as implementation progresses.

About Flowra

Flowra is a blockchain infrastructure company building validator and order flow solutions for the Solana ecosystem. The company develops technology designed to improve transaction transparency, value distribution, and incentive alignment across validators, users, and builders. Through its validator infrastructure, delegation programs, and MEV-related technologies, Flowra aims to create a more open, efficient, and scalable foundation for the next generation of blockchain networks.

About Honeypot

Honeypot provides compliance intelligence for platforms operating under sanctions and geo-restriction requirements. By detecting VPNs, proxies, Tor exit nodes and other forms of location obfuscation, Honeypot helps exchanges, DeFi protocols and financial institutions strengthen compliance controls and support regulatory audit requirements.

ContactHead of marketing
Jaime Chia
[email protected]

Disclaimer: Press release sponsored by our commercial partners.

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https://247wallst.com/investing/2026/07/08/morgan-stanley-says-a-1-trillion-shift-is-coming-to-wealth-management/

Morgan Stanley has expanded its offerings in the cryptocurrency space by launching new Exchange Traded Products (ETPs) that include staked Ethereum (ETH) and Solana (SOL). Coinbase is reportedly providing the underlying technology for these products, as confirmed by Brian Armstrong, Coinbase’s CEO, on social media. The launch of these ETPs marks a significant step for Morgan Stanley, integrating staking from the outset, a first among major U.S. bank-affiliated asset managers. This development comes as part of Morgan Stanley’s broader strategy to incorporate digital assets into its investment services, following the introduction of E*TRADE spot trading for bitcoin, ether, and solana earlier this month.

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Key Takeaways The introduction of Morgan Stanley’s crypto ETPs appears to suggest increased mainstream institutional adoption of digital assets, particularly Ethereum and Solana. Market participants may interpret Morgan Stanley’s integration of staking in its ETPs as supportive of Ethereum’s price growth, consistent with a more optimistic outlook for ETH reaching significant price thresholds. Current market pricing indicates a modest increase in confidence towards Ethereum hitting higher price targets by the end of 2026, reflecting the strategic moves by major financial institutions. What to Watch Observers will be keenly watching if this announcement by Morgan Stanley will lead to increased inflow in Ethereum-focused investment products, potentially influencing market odds. Future regulatory developments, including possible SEC actions on crypto ETFs, could also impact market sentiment. The performance and adoption of these new financial products in the coming months may provide further insights into the evolving landscape of institutional cryptocurrency investment.

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Term Structure

Contract Odds Δ since publish Volume 24h December 31, 2026 1.8% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 4.5% — — View market → December 31, 2026 6.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.9% — — View market → January 1 2027 2.9% — — View market → January 1 2027 3.9% — — View market → January 1 2027 7.5% — — View market → January 1 2027 43% — — View market → January 1 2027 9% — — View market → January 1 2027 3% — — View market → January 1 2027 42.5% — — View market → January 1 2027 20% — — View market → January 1 2027 17.5% — — View market → January 1 2027 86.5% — — View market → January 1 2027 62% — — View market →

MoonPay has unveiled PayBox for Solana, a non-custodial payment vault and wallet designed to simplify the purchase and transfer of tokens directly via AI chatbots such as ChatGPT and Claude. The launch, announced on July 29, introduces a natural-language interface for interacting with Solana, allowing transactions to be executed by AI agents on behalf of users.

PayBox connects users of ChatGPT and Claude with Solana’s fast blockchain infrastructure and MoonPay’s payment technology, eliminating the need for traditional dashboards or browser extensions. By granting permission, users allow AI bots to access the PayBox wallet, streamlining key management and transaction signing for a more seamless experience.

AI agents simplify blockchain interactionInstead of navigating complex interfaces, users can now instruct Claude or ChatGPT to swap tokens, make payments, or engage with decentralized applications (DApps) built on Solana. These requests are carried out directly by the AI, which handles the secure signing of transactions in a non-custodial environment.

Solana’s appeal continues to grow among consumers and fintech firms due to its combination of minimal fees and rapid transaction settlements. The integration of AI-powered trading solutions with Solana offers broader accessibility for both new and existing users, further driving adoption of the network.

Users of ChatGPT and Claude can trade assets, make payments, or interact with any Solana-based application by simply issuing conversational commands, expanding accessibility well beyond the crypto-native audience.

For those seeking a comprehensive way to monitor blockchain activity, platforms like CryptoAppsy offer real-time pricing, detailed charts, and portfolio management across multiple currencies on one screen. By establishing smart price alerts and filtering news targeted to specific coins, users can keep up with market movements and instantly respond to emerging opportunities. Additionally, CryptoAppsy provides critical macroeconomic indicators such as Federal Reserve interest rates, helping traders stay informed and competitive.

Implications for developers, institutions, and regulatorsThe integration opens up new distribution channels for developers, enabling their DApps and token utilities to be discovered and used directly within popular AI chatbots. This could lower the barrier for mainstream users entering decentralized finance and NFT markets, further broadening Solana’s reach in 2026.

Financial institutions may view voice-activated and AI-driven wallets as an accessible entry point into regulated, auditable digital asset transactions. The direct interaction between AI platforms and on-chain activity enables more compliant and transparent operations, aligning with rising industry standards.

As AI-driven interfaces facilitate transactions, regulators are expected to increase their scrutiny of custody arrangements, user consent protocols, and anti-money laundering procedures for payments authorized by algorithms.

Exchanges and wallet providers will likely need to adapt to a landscape where AI agents serve as the primary user interface, mediating access to their services without direct front-end control. This shift could reshape expectations for compliance and user onboarding in crypto ecosystems.

Recent acquisitions by MoonPay, such as the purchase of Solana trading platform DFlow in a $100 million stock deal, further demonstrate the company’s commitment to expanding its AI-focused finance strategy. These moves signal ongoing innovation in how users interact with blockchain technology and digital assets.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Solana-connected applications pushed nearly $4 billion in transaction volume through WalletConnect during the first six months of 2026. That figure, spanning January through June, came from roughly 500,000 transactions across 766 apps operating in 200 countries.

To put Solana’s share in perspective, WalletConnect’s total network volume surpassed $207 billion during the same period. Solana’s $4 billion slice works out to just under 2% of that total.

What’s actually driving the volume Three names keep surfacing as the engines behind Solana’s WalletConnect activity: Kamino, Jupiter, and Jito.

Jupiter has cemented itself as Solana’s go-to aggregator for swaps, routing trades across multiple decentralized exchanges to find users better prices. When volume flows through Jupiter, it tends to mean retail and power users alike are actively trading on-chain rather than sitting on centralized exchanges.

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Kamino handles automated liquidity strategies and lending, giving users ways to put idle capital to work. Its presence at the top of the Solana leaderboard on WalletConnect suggests that lending and liquidity provision, not just speculation, are driving real engagement.

Jito has carved out a niche in liquid staking on Solana. Liquid staking lets users earn staking rewards while keeping their tokens usable in DeFi protocols. Jito’s prominence in these numbers signals that Solana’s staking economy is maturing beyond simple lock-and-forget strategies.

WalletConnect’s quiet dominance The $207 billion in total network volume across H1 2026 underscores how deeply embedded WalletConnect has become in the daily rhythm of crypto usage. The geographic spread adds another layer. Transactions coming from 200 countries means this isn’t a Silicon Valley hobby or a Southeast Asian phenomenon.

WalletConnect shared the H1 2026 network update through its official channels around late July, and members of the Solana ecosystem quickly amplified the data.

Context and competitive positioning The 766 applications plugged into WalletConnect on Solana hint at ecosystem depth. Nearly 800 apps suggest a broader base of builders shipping products that people actually use.

It’s also worth noting that WalletConnect is just one connectivity layer. Users interacting directly through browser extensions, mobile wallets with native integrations, or embedded wallet SDKs wouldn’t show up in these numbers. The $4 billion is a floor, not a ceiling.

What this means for investors For anyone watching Solana’s fundamentals, these WalletConnect numbers offer a useful health check. Transaction volume through a neutral connectivity layer is harder to game than metrics like total value locked, which can be inflated by token price appreciation or recursive lending strategies. When half a million transactions flow through a third-party infrastructure provider, it suggests genuine user demand.

One risk to monitor is concentration. Three protocols driving the lion’s share of a chain’s WalletConnect activity means that a smart contract exploit, a governance dispute, or a regulatory action targeting any one of them could meaningfully dent the numbers.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Aurora Labs has launched native cross-chain funding for Solflare wallets through Aurora Intents, allowing users to move assets from Bitcoin, Ethereum and other leading blockchains directly into Solana without interacting with traditional bridge interfaces.

Aurora Intents is powered by NEAR Intents, which settles more than $23 billion in total transaction volume and processes over $2.3 billion each month.

The integration introduces permanent deposit addresses for each supported blockchain and token. According to the projects, users simply transfer assets to the assigned address, while Aurora Intents automatically manages cross-chain routing, liquidity sourcing and token conversion using NEAR Intents infrastructure before delivering assets to Solflare.

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Aurora Labs says transfers from Ethereum-based networks generally complete in under one minute, while Bitcoin deposits take about 14 minutes.

The initial release supports Bitcoin, Ethereum, Arbitrum, Base, Polygon, BNB Chain, Tron and NEAR. SOL and stablecoins are the primary destination assets, with additional tokens supported depending on liquidity availability.

The platform charges a 0.1% fee for stablecoin transfers and 1% for other assets, although all deposits will be fee-free during the first month after launch, subject to a combined $125,000 fee waiver.

Aurora Labs said replacing bridge applications with reusable deposit addresses removes one of crypto’s biggest onboarding friction points.

“Bridging has always carried too much anxiety — too many steps, too much that can go wrong. We chose Aurora Intents because its intent-based model removes all of that: you state what you want on Solana, and you receive the real token, on one permanent address for each source-chain-and-token pair that you can reuse forever. No dApp to connect, no wrapped assets,” Vidor Gencel, co-founder and co-CEO of Solflare, stated.

“We think this turns the hardest part of getting onto Solana into something as simple and trusted as a send — and makes Solflare the natural gateway to Solana for funds flowing in from every major chain,” he added.

Solflare said the approach provides users with a simpler and more trusted way to bring assets into the Solana ecosystem.

“Exchanges trained users to copy a deposit address and send funds, and Aurora Intents now brings that same action to a self-custodial wallet,” Declan Hannon, CEO of Aurora Labs, noted. “Apps lose users at the funding step, and most of those users already hold assets somewhere else. Aurora Intents turns that into a deposit address, and both the funds and the users arrive on Solana.”

The rollout follows continued growth across the Solana ecosystem, where monthly active addresses rose approximately 50% during Q1 2026. Solflare currently has more than 4 million active users and over $15 billion in assets under self-custody.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

@Solflare has officially launched Bridge, a native cross-chain feature built to remove the friction that has long made moving assets onto @Solana more cumbersome than it should be. The product is powered by @Near_intents and @Auroraisnear, and it is live now.

How It Works The core mechanic is straightforward. Bridge assigns users permanent deposit addresses for assets held on $ETH, $BTC, and @Base. Funds sent to those addresses arrive in a Solflare wallet as $SOL or $USDC, with no manual approvals and no need to connect a separate dApp. The goal is a single-step experience that feels closer to a standard transfer than a multi-chain operation.

The infrastructure behind it is @Near_intents, a protocol that has been expanding its footprint quickly across the industry. Rather than routing assets through a conventional bridge, NEAR Intents lets users express a desired outcome without needing to understand the underlying execution mechanics. That request is distributed to a network of solvers, including market makers and AI agents, who compete to fulfil it. Initial matching happens off-chain in as little as 100 milliseconds. The protocol has now processed more than $13 billion in all-time volume across 35-plus chains.

@Auroraisnear, an EVM-compatible environment running on NEAR Protocol, provides the EVM compatibility layer that allows the system to interact with Ethereum-based assets and chains.

Fees and Launch Incentives To mark the rollout, Solflare is running a 30-day fee waiver worth up to $125,000 in potential savings for early users. Once the promotional period ends, standardised fees will apply: 0.1% for stablecoin-to-stablecoin transfers and 1% for all other assets. The fee structure is designed to support a high-velocity retail settlement model as the protocol scales.

The launch adds Solflare to a growing list of wallets and applications integrating NEAR Intents directly into their products. Wallets and trading apps using NEAR Intents are already handling around $2.5 billion in monthly volume. For Solana, which has historically been one of the harder networks to bridge into cleanly, the integration represents a meaningful improvement in onboarding experience for users coming from Ethereum or Bitcoin.

Sources:
NEAR Intents and Solana Integration, Solana Compass
NEAR Intents, Official Site
NEAR Intents Joins Ledger Wallet, Ledger Blog

Tokenized stocks on Robinhood's three-week-old chain averaged $29.7 million in daily DEX volume over the past week, more than Solana's xStocks and Backpack venues combined, with memecoin pairs supplying the push.

Tokenized stocks on Robinhood Chain averaged $29.7 million in daily DEX volume over the past seven days, according to a Dune dashboard maintained by OKX's Web3 wallet team — more than Solana's two stock-trading venues, xStocks at $11.1 million and Backpack's Sunrise at $13.4 million, combined.

Robinhood built the chain to put equities onchain, and through mid-July the network's activity was almost entirely memecoin speculation. The volume that finally arrived came through those same memecoins: tokens launched with tokenized stocks as their liquidity pairs, a loop that locks real equity supply in pools and has pulled stock trading up with it. If the pattern holds, Robinhood Chain has found a retail on-ramp for tokenized equities that RWA platforms have spent years searching for.

Tokenized Nvidia is the chain's most-traded stock, with $13.9 million in volume over the past day, followed by SpaceX at $6.2 million, Apple at $4.5 million and GameStop at $2.2 million, per Uniswap's explore page for the chain. Robinhood CEO Vlad Tenev has framed the equities push as the chain's core purpose. "Robinhood Chain exists to make real world assets programmable, globally portable, and always available, with the product quality you've come to expect from Robinhood," he posted on X on July 16.

Memecoins Did the MarketingThe surge traces to launch platforms Bankr and long.xyz, which in mid-July began letting users issue memecoins backed by tokenized stock liquidity across more than 90 tickers. The pairs now populate the chain's trending list: DEX Screener shows memecoins trading against NVDA, TSLA, INTC, RBLX and SPCX among Robinhood Chain's top 100 pools, led by Artificial Inu (AI/NVDA) at $2.6 million in daily volume.

Because these tokens hold tokenized shares as pool collateral, memecoin trading generates stock-token volume as a byproduct, and the deposited shares stay locked while the pairs trade. Daily active tokenized-stock traders on the chain peaked above 20,000 in the week of July 20, per the Dune data, the highest of any stock-token platform tracked.

Binance Looms Over EveryoneThe chain-versus-chain race has a much larger elephant outside it: Binance's bStocks on BNB Chain averaged $676.8 million in daily DEX volume over the same seven days, more than 20 times Robinhood's figure, per the same dashboard.

Top tokenized-stock venues by DEX volume

RankVenueChainAvg. daily volume (7d)1bStocks (Binance)BNB Chain$676.8 million2RobinhoodRobinhood Chain$29.7 million3Ondo Global MarketsEthereum, BNB, Solana, HyperEVM$24.9 million4Sunrise (Backpack)Solana$13.4 million5xStocks (Backed)Solana$11.1 millionSource: Dune (@okxweb3wallet), average of the last seven completed days, July 28, 2026.

Ondo's multichain stock tokens averaged $24.9 million. The dashboard counts only genuine tokenized stocks — about 102 assets from Robinhood's RWA factory — and excludes the chain's official market-maker address, so the figures understate total activity but strip out house liquidity.

Tokenized stocks also remain a sliver of Robinhood Chain itself. The chain cleared roughly $444 million in total DEX volume over the past day against $332.7 million in total value locked, per DefiLlama, and most of that volume is memecoins like CASHCAT and PONS. Real-world assets on the chain carry about $81 million in active market value, next to $489 million in stablecoins.

Solana still dwarfs Robinhood Chain in overall DEX volume, value locked and users. But on the narrower question of where tokenized stocks change hands onchain, Robinhood Chain now clears more than any Solana venue, three weeks after launch.

The number of tokenized stock holders has jumped nearly 68.5% since the beginning of July, reaching 934,800 from 554,900. This surge has largely been driven by the launch of Robinhood Chain, which now leads the sector in tokenized stock holders.

Robinhood Chain surpasses competitorsRecent data indicates that Robinhood Chain now counts 329,200 asset holders, outpacing previous leaders in the space. Solana, which held the top spot for most of the past year, now has 281,400 tokenized stock holders, while BNB Chain follows with 214,600. The rapid ascent of Robinhood Chain follows its mainnet launch on July 1.

Within four weeks, Robinhood Chain has overtaken networks that previously dominated the tokenized equities sector. The holder distribution chart highlights a sharp spike in July, with Robinhood Chain now representing nearly a third of all tokenized stock holders in the market.

The sharp increase in Robinhood Chain’s holder base reflects how existing brokerage users became tokenized equity holders without the typical barriers of wallet setup or cross-chain transfers. This shift resulted in a visible on-chain growth, reinforcing the impact of user base integration on network dynamics.

Distribution advantage drives growthThe rapid rise in tokenized stock holders on Robinhood Chain is not attributed to superior blockchain infrastructure. Instead, the network benefited from direct access to Robinhood’s extensive user base, already estimated at 28 million. By seamlessly integrating tokenized equities into an established brokerage app, Robinhood made it easy for users to gain exposure to these assets without additional hurdles such as wallet management, bridges, or gas fees.

Competing networks in the tokenized stock space have focused on attracting crypto-native users to stock offerings, often resulting in slower growth. Robinhood’s distribution model enabled it to quickly convert stock investors into blockchain asset holders, boosting adoption metrics in a short period.

Despite accounting for roughly 35% of tokenized stock holders, Robinhood Chain holds just $44 million in assets. In contrast, Ondo manages approximately $857 million with significantly fewer wallets. This gap indicates a predominance of small retail accounts within Robinhood’s platform, where average holdings per wallet amount to just over $130.

While Robinhood has rapidly expanded its base of tokenized stock accounts, capital concentration remains relatively low. Ondo, with fewer but larger accounts, continues to capture a significant portion of the sector’s overall value. This distinction highlights the difference between distribution metrics, measured by wallet count, and capital metrics, reflected in total assets under management.

Holder count serves as a distribution metric, not a capital metric, leading to divergent trends between the number of wallets and the actual capital invested across platforms.

Memecoin activity remains strongTrading volume on Robinhood Chain remains dominated by memecoin activity, even as tokenized equities continue to gain traction. The speculative environment initially provided the network with liquidity and attention, which in turn created a foundation for broader asset diversification.

Looking ahead, the evolution of Robinhood Chain’s asset base will depend on whether average balances per wallet increase. If the trend of small holdings continues, Robinhood may remain a high-volume, low-capital network, while platforms like Ondo lead in total assets. If average holdings rise across Robinhood’s 329,000 wallets, its position in the sector could shift significantly.

In this dynamic environment, platforms that streamline access to both traditional and digital assets may continue to grow. For example, 1stepSwap enables users to access shares of leading U.S. companies and commodities like gold or silver directly through their wallets. By automatically searching for the best price available, 1stepSwap helps users efficiently diversify their portfolios with tokenized real-world assets and equities in real time.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.

Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid said in its H1 2026 security report published Tuesday.

Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million, while the platform verified 3.4 times as many high-threshold exploits in H1 2026 as across all of 2025.

Code exploits drove Ethereum incidents, while breaches of keys and signing infrastructure accounted for most Solana losses, according to the report.

Ethereum losses reflected the risks of high-value protocolsEthereum incurred the highest losses from incidents in H1 2026, with attackers primarily targeting vulnerabilities in applications built on the network.

Blockaid said code exploits dominated Ethereum incidents by count, with major losses also linked to key compromises involving Humanity Protocol and StablR. CoWSwap, an Ethereum-based decentralized exchange, was the only major Ethereum incident in the report classified as a user mistake.

Blockchain losses by network in the first half of 2026. Source: Blockaid.

Blockaid identified several common attack methods targeting Ethereum, including bugs in bridges and smart contracts, unauthorized access to privileged accounts and market manipulation techniques.

The report said Ethereum remains a major target because it hosts many of the crypto industry’s most valuable applications, including restaking platforms, stablecoins and decentralized exchanges.

Solana losses surged as attackers shifted focusSolana incurred nearly as much in losses as Ethereum during the first half of 2026, a sharp increase from the roughly $127 million in stolen funds the network recorded during 2025.

“2025 had $2.58 billion lost across 63 incidents, concentrated in Q1 by Bybit’s $1.5 billion, with Ethereum and Arbitrum the top chains by stolen-fund flow,” Blockaid CEO Ido Ben-Natan told Cointelegraph.

Blockchain losses by network in 2025. Source: Blockaid.

The change did not stem from a rise in smart contract exploits. Instead, compromised keys accounted for more than 98% of Solana’s losses, driven largely by incidents involving Drift Protocol and Step Finance, which Blockaid linked to North Korea-linked cyber groups.

Unlike Ethereum, where attackers primarily exploited vulnerabilities in protocol code, Solana incidents targeted signer infrastructure and organizational security, while a handful of code exploits involving Raydium and Volo accounted for the remaining losses.

Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Circle just dropped another half-billion dollars worth of USDC onto Solana, and at this point it’s starting to feel like a recurring calendar event. The stablecoin issuer minted $500 million in new USDC on the Solana blockchain in July, executed in two neat tranches of $250 million each.

Here’s the thing: this isn’t a one-off. It’s the latest chapter in what’s become a sustained liquidity migration toward Solana that’s been building throughout 2026, with Circle simultaneously burning USDC on other chains, notably Ethereum.

The numbers behind the shift The $500 million mint, flagged by on-chain monitoring services like Whale Alert and Onchain Lens, pushed even more dollar-denominated liquidity into Solana’s trading and DeFi infrastructure. A similar $500 million single-day mint occurred earlier on June 8, suggesting Circle has found a comfortable cadence for these large-scale issuances.

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By mid-July, cumulative USDC minting on Solana had exceeded $66 billion in gross issuance. That’s not net supply, mind you. It’s the total volume of USDC that Circle has created on the network over time, which includes tokens that have since been burned or bridged elsewhere.

Solana’s share of the global USDC supply has briefly climbed above 10% during peak periods in 2026. For a network that only received native USDC issuance starting in late 2020, that’s a remarkable trajectory.

Why Circle keeps choosing Solana Circle’s minting decisions are demand-driven. When traders and institutions need more USDC on a particular chain, Circle mints to meet that demand. The fact that these $250 million tranches keep landing on Solana tells you where the activity is migrating.

The relationship between Circle and Solana dates back to a formal partnership with the Solana Foundation that enabled native USDC issuance on the platform. Since then, Circle has progressively increased its minting allocation to Solana, especially as the network’s DeFi ecosystem matured and attracted more institutional capital.

What this means for traders and the broader market More stablecoins on a network generally translates to deeper liquidity pools, tighter spreads, and better execution for traders. When $500 million in fresh USDC hits Solana’s DeFi protocols, it flows into automated market makers, lending platforms, and perpetual futures venues that form the backbone of on-chain trading.

For now, the arrows point firmly toward Solana continuing to absorb a growing share of the global stablecoin supply, with each $500 million mint reinforcing the network’s position as a primary venue for dollar-denominated on-chain activity.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

https://www.fool.com/investing/2026/04/27/bitcoin-vs-solana-which-crypto-is-the-better-buy-r/

Solana’s consumer card ecosystem achieved record performance in Q2 2026, reporting $246 million in top-ups and $185 million in card spending, as per data from SolanaFloor. This milestone underscores the increasing adoption and usage of Solana’s payment infrastructure, which enables users to load funds and transact through card rails. The broader Q2 2026 report highlighted a surge in activity across various sectors, including tokenized assets and decentralized exchange volumes, suggesting robust non-speculative engagement with Solana’s network. The news comes amid heightened interest in Solana’s capabilities and its potential impact on the network’s valuation.

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Key Takeaways Solana’s consumer card ecosystem appears to have reached a new peak in Q2 2026, reflecting increased user engagement. The reported growth in card top-ups and spending suggests strong adoption of Solana’s payment solutions. Market pricing suggests that participants view this development as supportive of Solana’s price prospects. What to Watch The Solana price prediction market shows a subdued outlook, with only a 1.6% probability of Solana reaching $90 by August 1, 2026. Investors and analysts may look for further adoption indicators and network upgrades, such as the Alpenglow upgrade, as potential catalysts for price movements. Additionally, developments like ETF inflows or regulatory announcements could significantly alter market expectations. Watch for announcements from key actors like Anatoly Yakovenko or changes in macroeconomic conditions that could influence Solana’s market dynamics.

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Term Structure

Contract Odds Δ since publish Volume 24h August 1 2026 1.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.3% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.8% — — View market → August 1 2026 0.3% — — View market → August 1 2026 1% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 9.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.1% — — View market →

Competition for on-chain liquidity continues to intensify. However, ecosystems with greater utility continue to attract more capital.

Recent cross-chain flows show Solana [SOL] attracting roughly $552.6 million in net inflows, outpacing all other competing networks.

Ethereum remains the largest source of outgoing capital, while Arbitrum [ARB], Base, BNB Chain, and Tron [TRX] also direct liquidity toward Solana. These migrations indicate users find value in a network providing multiple use cases versus a single purpose.

Source: X Robinhood Chain may lead tokenized-equity DEX volume, although that advantage remains limited to one niche. In contrast, Solana maintains $4.9 billion in TVL, $16.4 billion in stablecoins, over 1.7 million daily active addresses, and $1.1 billion in DEX volume.

Together, those metrics reinforce stronger network effects and sustained capital attraction.

Can buyers regain control above key resistance? While the Solana ecosystem continues to be attractive for investors, no one in the market has been able to translate this attraction into a breakthrough

After rebounding from $73.23 to nearly $80, profit-taking emerged near the 38.2% Fibonacci level at $79.80, slowing the recovery. Even though sellers were unable to take out the support at $75.52, they did establish a new high and thus prevented the price from revisiting the July lows.

Source: SOL/USD on TradingView This indicates that there is a gradual absorption of selling by the buyer’s side as opposed to aggressive buying. At press time, SOL was trading within a very tight range around $76.46, reflecting a temporary balance between demand and supply.

A close above $77.32 would suggest fresh capital is translating into stronger conviction, whereas losing $75.52 would indicate sellers have regained short-term control.

Consumer spending reinforces Solana’s growth While capital inflows and improving price action point to growing confidence, payment activity suggests that confidence is increasingly translating into real-world usage.

Monthly crypto card top-ups climbed steadily through 2025 before accelerating sharply in 2026, reaching a record $94.32 million in May.

Crypto card top-ups in terms of monthly volumes increased steadily through 2025 prior to an acceleration in growth in 2026. The peak was reached at a record $94.32 million in May.

Although volumes eased after that month, they remained above $70 million, indicating users were continuing to spend on the network and not abandoning it.

KAST still processes most transactions, yet other providers are gradually expanding their share.

Source: X The broader participation helps reduce reliance on one platform and hence strengthens the payment ecosystem.

Most importantly, consumer spending is rising, which indicates Solana’s growth is no longer driven primarily by trading and DeFi. Instead, users are increasingly relying upon the network for daily transactional use, reinforcing broader adoption and supporting long-term demand within the ecosystem.

Final Summary

The Solana blockchain recorded its strongest performance yet in the realm of consumer payment cards. Top-up volumes linked to crypto cards built on the network reached an unprecedented peak in May, climbing to $94.32 million. This figure marks the highest monthly total observed for such activity on Solana and underscores growing real-world usage of the chain beyond pure trading or speculative holding.

These card-related flows now account for a notable share of the broader crypto card market.

Monthly volumes processed through Solana-based products represent approximately 22 percent of the total activity across competing networks.

This positioning reflects steady gains in market share as users increasingly favor platforms that deliver fast settlement and low fees for everyday spending.

Two providers stand out as primary contributors to this momentum: KAST and RedotPay.

Both have developed card offerings that allow holders to convert digital assets or stablecoins into spendable balances usable at merchants worldwide.

Their combined activity has helped propel Solana’s portion of the sector higher, demonstrating how specialized fintech applications can drive tangible on-chain transaction volume.

The rise in top-ups signals more than isolated growth.

It points to wider acceptance of blockchain-powered payment tools among ordinary consumers.

Rather than remaining confined to niche crypto enthusiasts, these cards are facilitating routine purchases, from retail transactions to digital services.

Solana’s architecture, known for high throughput and rapid finality, appears well-suited to supporting the near-instant top-ups and settlements that card users expect.

Comments from industry participants have highlighted the practical advantage of avoiding lengthy confirmation delays that can frustrate users on slower networks.

This development fits into a larger pattern of expanding utility within the Solana ecosystem.

As more projects focus on bridging digital assets with traditional payment rails, metrics such as card top-ups serve as concrete indicators of adoption.

Higher volumes can attract additional developers, foster new product features, and encourage partnerships that further integrate the network into daily financial life.

Observers note that sustained increases in consumer spending through these channels may reinforce Solana’s competitive standing relative to other blockchains competing for payment-related use cases.

Market watchers will likely monitor whether the May peak continues or expands in subsequent months.

Consistent growth could spur further innovation in card design, rewards structures, and multi-chain interoperability.

At the same time, the 22 percent share already achieved illustrates that Solana has secured a meaningful foothold in a segment previously dominated by alternative networks.

The record top-up figures and rising market contribution from leading card issuers provide clear evidence of progress in making Solana a practical foundation for consumer payments. By enabling seamless conversion and spending of on-chain value, these products help move blockchain technology closer to mainstream financial applications, turning network capacity into everyday utility for users around the globe.

Key Takeaways Suspicious withdrawals exceeding $9.7 million were detected from Triple-A’s hot wallets spanning several blockchain networks The breach affected Ethereum, Solana, TRON, and TON, with potential involvement of Polygon and Arbitrum The alleged attacker converted stolen assets into roughly 5,226.66 ETH and moved them to Ethereum Triple-A remains silent on whether the incident occurred and if user deposits are compromised The Singapore-based firm operates under payment licenses across the United States, European Union, and Singapore A suspected security breach targeting Triple-A, a Singapore-headquartered stablecoin payment infrastructure provider, has resulted in unauthorized withdrawals exceeding $9.7 million from the company’s hot wallets, according to blockchain security researchers monitoring on-chain activity.

⚠️ALERT: Triple-A wallets are under an apparent active exploit with over $9.7M drained.

Onchain analyst Specter has flagged suspicious outflows from Triple-A hot wallets across TRON, Ethereum, Polygon, and Arbitrum, with the stolen assets consolidated into 5,227 ETH.

Triple-A… pic.twitter.com/1RykKuPGwA

— Coin Bureau (@coinbureau) July 25, 2026

Blockchain investigator Specter initially identified the anomalous fund movements. Cybersecurity firm PeckShield subsequently confirmed the findings, with damage assessments climbing from an early estimate of $9.3 million to more than $9.7 million as additional transactions were discovered.

Assets Drained From Six Blockchain Networks The unauthorized withdrawals targeted wallets operating on Ethereum, Solana, TRON, and TON blockchains. Additional evidence suggests Polygon and Arbitrum may also have been compromised, potentially expanding the attack surface to six separate networks.

Following extraction, the stolen digital assets underwent conversion and cross-chain bridging operations before landing on Ethereum. The destination wallet contained approximately 5,226.66 ETH when security analysts flagged the activity.

Converting multiple tokens into ETH represents standard procedure following cross-chain breaches, as it simplifies the movement of disparate assets through a single, liquid cryptocurrency.

The variance between initial and updated loss figures likely stems from ongoing transfers or fluctuations in Ethereum’s market value during the incident window.

Triple-A’s Business Operations and Official Silence Triple-A delivers payment processing solutions enabling businesses to accept, exchange, and disburse funds through stablecoin rails and conventional banking channels. Its product suite encompasses point-of-sale integrations, enterprise payment systems, and international money transfers.

The firm maintains regulatory approval across multiple jurisdictions, including American, European, and Singaporean territories. It secured Major Payment Institution status from Singapore’s Monetary Authority and became part of Circle Payments Network during March 2026.

Triple-A has issued no official acknowledgment of the security incident. The company has not revealed how unauthorized access occurred, the timeline of suspicious activity, or whether client assets face exposure.

Fireblocks serves as Triple-A’s digital asset custody provider. Currently available information contains no indication that Fireblocks infrastructure suffered any compromise.

Attacker Identity Unknown, Customer Impact Unclear Security analysts have not publicly attributed the attack to any specific threat actor. No confirmed reports indicate whether the consolidated funds subsequently moved through cryptocurrency exchanges or privacy-enhancing mixing services.

Absent official disclosure or forensic analysis, this incident remains classified as a suspected hot wallet security failure rather than a verified smart contract vulnerability.

Triple-A has not announced whether it has paused deposit acceptance, withdrawal processing, or cross-blockchain transfer capabilities in response to the suspected breach.

This event occurs separately from a July 17 attack wherein an adversary generated fraudulent Solana deposit records targeting Across Protocol. That unrelated incident caused losses below $4 million after Across suspended Solana integration. No connection exists between the two security breaches.

Stakeholders await Triple-A’s official response addressing the verified loss amount, the attack vector employed, and whether the company intends to reimburse impacted users.

Singapore, Singapore, July 24th, 2026, Chainwire

The Solana spot margin protocol now offers leverage and lending across 700+ live markets, spanning long-tail assets, tokenized stocks, and real-world assets. Every position is spot leverage on the real asset, not a synthetic future.

Lavarage, the spot margin protocol for any token on Solana, now runs across 700+ live markets and closes two gaps that perpetual futures cannot reach: brand-new tokens before any futures market exists, and tokenized real-world assets where ownership matters. The through-line: leverage what matters, own what you trade.

The update targets a widening gap in on-chain markets: the assets people want to trade are growing fast at both ends, Solana now mints tens of thousands of new tokens a day and processes more than 95% of all tokenized-equity trading, while leverage has stayed locked to a handful of liquid markets.

Gap one: new assets, before a futures market exists

Solana empowers seamless assets creation on-chain: from serious project tokens all the way to meme tokens — as many as 47,619 minted in a single day (June 2026, per CryptoRank). The biggest moves and opportunities come before any futures market forms. Lavarage can spin up a spot leverage market for a new asset immediately, using liquidity already on-chain, so traders can act while it matters.

Gap two: assets where ownership matters

The second gap is capital efficiency for assets worth owning, not just betting on — tokenized real-world assets that carry long-term ownership benefits. Tokenized stocks on Solana crossed $4.9 billion in volume in H1 2026 (Crypto Briefing), roughly six times the prior half-year. For these, spot leverage beats a perpetual: you get leverage on the asset while still owning the real token. So any ownership benefits stay with you, instead of holding a synthetic derivative of it.

Benefits for traders

Spot leverage, not synthetic futures. Every position is opened with the actual asset, which the trader has the option to own. Any token on Solana. 700+ tokens have live margin markets today, the majority of which have no perpetual futures market yet. Best-offer matching. Traders are automatically matched to the loan offer with the most favourable terms, and loans are continuous with much more stable funding cost. Isolated positions. Isolation means no platform-wise auto-deleveraging. Benefits for lenders

Lenders earn real yield as interest paid by traders who borrow to open long or short positions, yield generated directly by spot-leverage borrow demand, on any asset they lend. Every loan is over-collateralized and isolated. Lenders can participate actively, creating offers and setting their own terms, or passively, by staking into existing lending vaults, which have recently paid roughly 30% APY on SOL and roughly 14% on USDC as of July 2026, variable with utilization.

Founder comment

“Perpetual futures are great for a handful of highly liquid assets. But for a new token, the moment that matters most comes before any futures market exists. For real-world assets, owning the thing you trade is the whole point,” said Tgen, co-founder of Lavarage. “Those are the two gaps we close with spot leverage. Leverage what matters, own what you trade.”

Lavarage by the numbers (July 2026)

$200M+ in cumulative volume 10,000+ unique traders 80,000+ positions opened 5,000+ tokens traded with leverage $1M+ in fees paid out to integration partners Live on Solana mainnet since 2024 Margin trade any token on Solana → v2.lavarage.xyz

About Lavarage

Lavarage is a spot margin protocol on Solana that lets traders take leverage on any token — from day-one launches to tokenized real-world assets — while holding the real asset, not a synthetic derivative. Lenders supply the liquidity, actively by setting their own terms or passively by staking into vaults, and earn interest from borrow demand. Lavarage has processed $200M+ in volume across 700+ live markets and has been live on Solana mainnet since early 2024, built on audited code (Code4rena and Sec3). Learn more at lavarage.xyz.

Tokenized equities referenced are issued by third parties via Backpack Securities and Sunrise on Solana; per-token disclaimers apply on the live product, and backing and redeemability are the issuer’s claim — do your own research. Not available to US persons. Not financial advice. Leverage trading carries risk of loss, including liquidation.

@Byreal_io, an AI-native decentralized exchange built on Solana and incubated by Bybit, has crossed the $4 billion mark in total trading volume, marking a significant milestone for one of the most distinctly positioned DEX platforms in the current DeFi cycle.

From Bybit's Incubator to a Billion-Dollar Venue Byreal is a decentralized exchange built on the Solana blockchain and incubated by Bybit, the world's second-largest cryptocurrency exchange. The platform crossed $1 billion in cumulative trading volume just 10 weeks after its mainnet launch in early October 2025. The latest $4 billion figure represents a substantial acceleration from that early pace.

Byreal marked its first anniversary since launching on the Solana testnet on 30 June 2025, and over the past year has grown into a primary liquidity venue for tokenized real-world assets (RWA) and established itself as one of the first AI agent-native exchanges in DeFi. Through deep integration with Bybit Alpha, Byreal became the top Day 1 trading volume venue on Solana for multiple new tokens, including BP, MON, ARX, SKR, and BRIB, bridging centralized exchange liquidity with on-chain markets from launch day.

AI Agents as Full-Fledged On-Chain Traders Byreal brings together trading, liquidity provision, and yield generation into one unified on-chain platform, built from the ground up as an AI agent-native DEX that enables both human users and AI agents to trade, swap, and provide liquidity programmatically on Solana. This architecture is central to the platform's growth story. Rather than treating AI participation as an add-on, Byreal has made autonomous agent trading a core design principle.

Byreal uses a dual-execution engine that routes trades through both on-chain concentrated liquidity pools (CLMM) and an off-chain Request-for-Quote (RFQ) system, dynamically selecting the best execution path for tighter spreads, lower slippage, and MEV protection. Sub-200ms latency, powered by high-performance RPC infrastructure, supports institutional-grade execution speed. Solana's sub-second finality makes it a natural fit for the kind of high-frequency, multi-agent activity the platform is designed to support.

Over the past year, Byreal has expanded its product suite across three verticals on a single platform: Real Farmer, the first copy-farming product on Solana; Perps, offering up to 50x leverage trading for both equities and crypto; and Predict, an on-chain market for trading real-world outcomes.

In April 2026, Byreal announced the launch of Byreal Perps Agent Skills, extending its agent-native trading infrastructure to perpetual futures. Users can now trade perps through natural language commands via RealClaw, with no manual order entry, no separate interfaces, and no bridging required.

Sources:
Byreal First Anniversary: Chainwire
Byreal Official Documentation
Byreal Perps Agent Skills Launch: PR Newswire