Corewave's stock price dropped 6% to its lowest level since May 2025.
According to market data from BIT (Bit.com), Corewave's stock price dropped 6% to its lowest level since May 2025. The Nasdaq 100 index's decline widened to 1%.
1 seconds ago
US stocks opened with all three major indices declining, and the storage sector also fell across the board.
According to market data from BIT (Bit.com), US stock markets opened lower: the Dow Jones Industrial Average fell 0.04%, the S&P 500 dropped 0.22%, and the Nasdaq Composite declined 0.49%. Among individual stocks, SK Hynix (SKHY.O) fell 3%, SanDisk (SNDK.O) dropped 1.7%, Micron Technology (MU.O) declined 1.9%, Western Digital (WDC.O) fell 0.9%, Apple (AAPL.O) dropped 0.8%, and General Motors (GM.N) slid 6%.
1 seconds ago
Optical communication and computing power cloud sectors in the US stock market fell across the board, while biotech and space concept stock sectors rose across the board.
According to market data from BIT (Bit.com), U.S. stocks saw broad declines in the optical communications and computing power cloud sectors, while the biotech sector posted broad gains. Specific stock movements are as follows: Lumentum fell 2.77%, Corning dropped 2.02%, Coherent declined 3.67%, Applied Optoelectronics slid 5.06%, Ciena fell 2.07%, Broadcom edged down 0.25%, and Marvell Technology dropped 1.75%. Oracle declined 1.18%, CoreWeave fell 2.78%, Nebius slid 3.16%, IREN dropped 4.22%, and Applied Digital declined 2.52%. Eli Lilly rose 2.21%, Johnson & Johnson gained 1.15%, Moderna increased 0.73%, Novo Nordisk climbed 1.09%, AbbVie advanced 1.35%, and Merck stayed flat. SpaceX fell 1.71%, Rocket Lab dropped 1.82%, Planet Labs declined 1.18%, AST SpaceMobile slid 2.46%, and Intuitive Machines fell 2.14%.
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A Kazakhstan court has banned Coinbase and six other centralized crypto exchanges (CEXs) from conducting unlicensed operations in the Astana International Financial Center.
The Astana International Financial Centre (AIFC) Court in Kazakhstan has, at the request of financial regulators, issued an injunction against six centralized crypto exchanges (CEXs) including Coinbase, BingX, Bitcoin.com and WEEX, banning these platforms from providing or promoting unlicensed digital asset services and distributing related mobile applications within the financial centre. The injunction only applies to the AIFC and its users, not a nationwide trading ban across Kazakhstan. The AIFC operates under an independent legal framework and regulatory body, requiring crypto firms to obtain appropriate licenses to offer services within its jurisdiction. The court order also covers app store operators like Apple and Google, but no separate injunction has been issued to the two companies for now, with regulators required to first consult them. LBank, which was previously part of the legal proceedings, was removed from the case on September 18 after it blocked service access within Kazakhstan. The Astana Financial Services Authority (AFSA) noted that the relevant law enforcement actions started in 2025, with warnings initially sent to more than 20 crypto platforms.
1 seconds ago
Bitcoin ETFs see $578M inflow while Ethereum ETFs face $101M outflow
A U.S. judge has dismissed a civil lawsuit alleging sexual abuse against OpenAI’s CEO, which was filed by the executive’s sister.
Beating AI Express News: According to Reuters, a U.S. judge has dismissed the sexual abuse civil lawsuit against OpenAI CEO Sam Altman, which was filed by his sister.
According to Lookonchain's monitoring, trader Jelitics traded 12 meme coins on the Solana blockchain, all of which ended in losses, resulting in a 0% win rate and total losses exceeding $1 million. He has now sold all his meme coin holdings.
Germany's Sparkassen savings banks have launched crypto spot trading in their banking app via DekaBank, covering Bitcoin, Ethereum, XRP, Solana and Polygon at €0.99 per order.
Germany's Sparkassen savings banks began offering crypto spot trading in their banking app on October 19, rolling the service out in phases through DekaBank. The service supports $BTC, $ETH, $XRP, $SOL and $POL.
The offering is called "Krypto – powered by Deka". According to Coinpaprika, the German Savings Banks Association (DSGV) confirmed the start to the news agency dpa, and only customers of banks that have already switched the service on can use it.
How the Sparkassen crypto service worksDekaBank is the securities house of the Sparkassen. E-Fundresearch reports that each order costs €0.99 and a securities account is not required. Trading and custody run centrally through Deka's wallet, and the service is based on a MiCAR licence DekaBank received from BaFin in 2025.
Spreads are an extra cost. Block-Builders notes that Deka does not state the size of the spread in its product materials, which makes total costs hard to compare with other providers.
Customers do not hold their own keys. Bitcoin.com's German edition reports that DekaBank holds the coins in cooperation with Börse Stuttgart, and withdrawals are possible only to wallets at certain approved crypto service providers.
Phased rollout and risk warningsThere is no single nationwide start date. Golem reports that, according to the DSGV, 30 to 40 more savings banks are due to join each month, and the association aims to have a large share of interested institutions connected in the first half of 2027. DSGV board member Joachim Schmalzl said each Sparkasse decides for itself when to start.
The product is aimed at self-directed customers. Golem adds that the DSGV does not plan advice or broad active promotion of the service. Regional outlet Stadt Bremerhaven reports that the app explicitly warns of extreme price swings and the possible loss of the entire investment.
The launch gives customers of Germany's public savings banks a regulated route into major cryptocurrencies inside an app they already use, though with custody and withdrawal limits that differ from self-custody or a standalone exchange.
Sources:
Golem: Sparkassen starten KryptohandelE-Fundresearch: DekaBank startet Kryptohandel für Sparkassen-KundenCoinpaprika: Sparkassen start crypto trading in app
Real World Assets (RWA) platform tx has launched USTX, a U.S. dollar stablecoin, for use on its wallet and upcoming tokenized stock trading marketplace. Users can mint USTX using USDC or redeem USTX back to USDC, with support for deposits from 8 blockchains including Ethereum, Solana, and Base. USTX is issued, its reserves managed, and minting and redemption services provided by fintech platform Brale. tx co-founder and chief legal officer Ashley Ebersole stated that USTX is not a USDC-backed wrapped token nor a synthetic representation of USDC, but instead features an independent 1:1 reserve structure. According to tx, each USTX is backed by $1 worth of assets including cash, bank deposits, government money market funds, and short-term U.S. Treasuries. tx added that eligible USTX users can earn rewards via its wallet incentive program. However, the U.S. GENIUS Act prohibits stablecoin issuers from paying interest or returns to users solely for holding, using, or retaining payment stablecoins. Ebersole said tx’s overall incentive program was designed under legal guidance to ensure compliance with relevant regulatory requirements.
Solana has reported 8.92 billion successful non-vote transactions for the third quarter of 2026, more than double its Q4 2025 total, while SOL has remained near $104.
Summary
8.92 billion successful non-vote transactions were recorded in Q3, according to Solana’s Allium-sourced chart. 104% growth compares Q3 2026 with Q4 2025; quarter-over-quarter growth was approximately 24%. Solana Compass recorded 8.78 billion completed transactions, leaving a difference between the two datasets. SOL traded near $104, while the organic share of quarterly transactions remained unquantified. Solana’s chart, published in an Oct. 20 post and sourced to Allium, puts Q3 activity 104% above the 4.38 billion transactions recorded in Q4 2025. The same chart shows 7.54 billion in Q1 2026 and 7.19 billion in Q2.
Using those rounded figures, Q3 transactions grew approximately 24.1% from Q2, adding 1.73 billion successful transactions. Against Q1, the gain was 18.3%, making the latest quarter the busiest of the four periods displayed.
The chart shows a 350 million transaction decline between Q1 and Q2, or 4.6% using rounded totals. Q3 then exceeded Q1’s previous high by 1.38 billion transactions.
The 104% headline compares quarters nine months apart. It is neither a quarter-over-quarter growth rate nor a year-over-year comparison.
Across the 92 days from July through September, the reported total works out to roughly 97 million successful non-vote transactions a day, or 1,122 per second. Both averages are calculated from the rounded quarterly figure.
Solana transaction counts differ between datasets Solana Compass’s independently indexed data puts completed non-vote transactions at 8.78 billion for Q3, compared with 7.13 billion in Q2. Its quarterly growth rate was 23.3%, close to the rate calculated from Solana’s chart.
The two Q3 totals differ by 140 million transactions, equivalent to approximately 1.6% of the Compass count. The figures support a similar direction of growth, although the examined material does not reconcile the indexing difference.
In its Oct. 1 analysis, Compass defines completed transactions as those that execute and retain their results. Its count excludes validator votes and includes activity from users, applications and bots.
September’s completed transactions reached 3.18 billion in that dataset, while reverted transactions fell to 1.52 billion from 2.19 billion in August. Compass says its raw spot-swap figures include circular and bot-driven trading.
Successful execution therefore does not establish that a transaction came from a human user. Neither the supplied chart nor the examined Compass analysis assigns an organic share to the 8.92 billion figure.
SOL trades near $104 despite the quarterly activity record CoinGecko’s retrieved market snapshot put SOL at $104.21, up 3.3% over 24 hours but down 3.5% over seven days. Market capitalization stood near $61.4 billion, with daily trading volume of $2.89 billion.
The same page listed a 24-hour price range of $100.48 to $106.05. Its financial-data section showed $642,458 in daily fees and $109,966 in project revenue, separate measures from transaction counts.
Those figures cover a current 24-hour window, not the July-to-September reporting period. They do not establish whether quarterly fees grew at the same rate as successful transactions.
As crypto.news previously reported, SOL had already fallen below $105 by Oct. 18. That report recorded a price near $104 and a seven-day loss of approximately 5.6%, alongside nine consecutive sessions of U.S. spot SOL ETF withdrawals documented in its Oct. 16 coverage.
The quarterly transaction figure and October market snapshots cover different periods. The available evidence does not establish that the transaction growth caused, or should have prevented, the token’s recent price decline.
Tokenized stock trading provides one separate activity measure DWF Labs research covered on Oct. 16 put Solana’s share of tracked tokenized-equity spot DEX volume at 31% in early October, compared with 99.8% in January.
Across the chains in that study, weekly tokenized-equity DEX trading reached $2.54 billion in the week of Oct. 5, against $45.8 million in the week of Jan. 5. Weekly transfers reached $17.5 billion, using a definition that includes movements involving trading and lending protocols.
The research measured trading and transfer values in dollars, not the number of successful transactions. Its figures do not identify how many of Solana’s Q3 transactions involved tokenized stocks.
DWF Labs placed tokenized equities deployed in DeFi at $313 million by Oct. 15. Kamino, Jupiter Lend and Frankencoin held a combined $51.3 million, while pools on Uniswap V4, Raydium and Aerodrome held $77.9 million.
Those are cross-chain totals. The study does not allocate the entire amounts to Solana or establish that tokenized equities accounted for most of its transaction growth.
Alpenglow changes consensus while keeping execution intact An Oct. 19 report scheduled Solana’s Alpenglow upgrade for Oct. 21, targeting roughly 150-millisecond finality. The reported activation estimate had moved from 14:50 UTC toward 13:20 UTC as the relevant epoch approached.
Solana’s own technical page describes Votor as a replacement for TowerBFT’s voting and finality process. Validators send votes directly to one another and combine them into certificates, instead of placing vote transactions inside blocks.
The Foundation’s documentation says transaction execution, programs, and fee mechanics remain unchanged. Ordinary users keep the same process for signing, sending, and approving transactions.
Rotor, a separate proposed change to block-data distribution, is reserved for a later release without a scheduled activation date.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Solana has seen a remarkable increase in network activity, with non-vote transactions soaring to 8.92 billion in the third quarter of 2026, marking a 104% rise compared to the final quarter of 2025. This surge in transactions indicates robust network usage by various users, applications, and automated systems, although the data does not specify the proportion contributed by organic users. The current price of Solana (SOL) hovers around $104. The substantial rise in transactions is being viewed by market participants as indicative of strong network demand, potentially impacting Solana’s market performance.
Key Takeaways
Solana’s transaction volume increase appears to align with heightened network usage.
Current market pricing suggests participants are considering the impact of this activity on Solana’s valuation.
The rise in non-vote transactions is consistent with scenarios favorable to Solana reaching higher price thresholds.
What to Watch
Market participants will be closely monitoring Solana’s price movements in response to this uptick in network activity. Key indicators to watch include any regulatory developments involving Solana, announcements from major partners like Samsung or Fiserv, and broader market movements, particularly in Bitcoin, which could influence Solana’s trajectory. The market is also watching for technological updates such as the mainnet activation of Alpenglow and potential impacts of any network outages.
SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants, reversing its cryptocurrency accumulation strategy.
The company held approximately $223.8 million in cash as of Oct. 16 after liquidating its SOL holdings, according to a filing with the US Securities and Exchange Commission on Monday.
The tender offer allows shareholders and warrant holders to sell their securities directly back to SkyAI at a fixed price. It covers up to 95% of each class of the company’s outstanding shares and warrants, funded entirely by cash on hand.
The company said the tender offer is no longer tied to SOL’s price, a condition it had initially planned to include when announcing the buyback on Oct. 11. SkyAI intends to continue developing a financial platform combining stablecoin infrastructure on Solana with artificial intelligence.
SkyAI shares closed Monday at $2.79, up 5.3% on the day, according to Yahoo Finance data. The stock has gained approximately 65% over the past month but remains down about 41% over the past year.
SkyAI reverses Solana treasury strategy after one yearSkyAI launched its Solana treasury strategy in August 2025 after raising more than $400 million through a private placement. The company acquired more than 2 million SOL the following month, establishing a position valued at more than $400 million at the time.
By the end of 2025, the company held approximately 2.08 million SOL with a cost basis of $403.1 million, or roughly $194 per token. Its holdings were valued at $250.1 million, representing approximately $153 million in unrealized losses, according to its annual financial disclosures.
The losses reflected broader pressure on companies that accumulated SOL as a treasury asset. By February 2026, publicly traded Solana treasury companies faced more than $1.5 billion in combined unrealized losses as falling token prices weighed on their holdings and share valuations.
SOL fell to around $62 in June but has since recovered, trading near $104 as of Monday, according to CoinGecko data.
Source: Magazine: Can the SEC and CFTC’s pro-crypto rules be overturned? Legal opinion
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.
SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants, reversing its cryptocurrency accumulation strategy.
The company held approximately $223.8 million in cash as of Oct. 16 after liquidating its SOL holdings, according to a filing with the US Securities and Exchange Commission on Monday.
The tender offer allows shareholders and warrant holders to sell their securities directly back to SkyAI at a fixed price. It covers up to 95% of each class of the company’s outstanding shares and warrants, funded entirely by cash on hand.
The company said the tender offer is no longer tied to SOL’s price, a condition it had initially planned to include when announcing the buyback on Oct. 11. SkyAI intends to continue developing a financial platform combining stablecoin infrastructure on Solana with artificial intelligence.
SkyAI shares closed Monday at $2.79, up 5.3% on the day, according to Yahoo Finance data. The stock has gained approximately 65% over the past month but remains down about 41% over the past year.
SkyAI reverses Solana treasury strategy after one yearSkyAI launched its Solana treasury strategy in August 2025 after raising more than $400 million through a private placement. The company acquired more than 2 million SOL the following month, establishing a position valued at more than $400 million at the time.
By the end of 2025, the company held approximately 2.08 million SOL with a cost basis of $403.1 million, or roughly $194 per token. Its holdings were valued at $250.1 million, representing approximately $153 million in unrealized losses, according to its annual financial disclosures.
The losses reflected broader pressure on companies that accumulated SOL as a treasury asset. By February 2026, publicly traded Solana treasury companies faced more than $1.5 billion in combined unrealized losses as falling token prices weighed on their holdings and share valuations.
SOL fell to around $62 in June but has since recovered, trading near $104 as of Monday, according to CoinGecko data.
Source: Magazine: Can the SEC and CFTC’s pro-crypto rules be overturned? Legal opinion
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.
Solana (SOL), one of the leading layer-1 blockchains, has recorded a massive increase in transaction activity, with its non-vote transaction count more than doubling compared to late 2025.
According to a recent announcement by the official Solana account on X, the network processed a staggering 8.92 billion non-vote transactions in the third quarter of 2026.
Solana co-founder Anatoly Yakovenko, better known as Toly, responded to the milestone with a characteristically brief comment.
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"Put the cryptography into the computer," he wrote on X, apparently celebrating the blockchain's growing adoption and activity.
The 104% growth represents a significant increase from approximately 4.38 billion transactions recorded in the fourth quarter of 2025.
Notably, Solana also recorded 7.54 billion transactions in the first quarter of 2026, followed by 7.19 billion in the second quarter.
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This means that transaction activity increased by approximately 24% on a quarter-over-quarter basis in Q3, reversing the decline observed during the preceding quarter.
Solana activity surgesNon-vote transactions are particularly important for evaluating blockchain activity because they exclude the routine voting transactions that validators use to maintain network consensus.
Instead, they capture activity involving token transfers, decentralized applications, trading, and other interactions with the blockchain.
The latest figures suggest that Solana continues to experience substantial demand for its network infrastructure.
According to data compiled by Solana Compass, the blockchain processed approximately 3.18 billion completed non-vote transactions in September alone, marking its third consecutive monthly record.
However, the growing transaction count does not necessarily translate into an equivalent increase in individual users, since automated trading bots can account for significant on-chain activity.
Meanwhile, Solana's native SOL token was trading near the $104 level on Oct. 19, with a market capitalization of approximately $61 billion.
Solana has shipped version 3 of its JavaScript SDK, and it is the kind of upgrade developers notice in their codebases before anyone notices it on a chart.
The release, @solana/web3.js v3, was announced on October 6, 2026, via the @solana_devs account on X. Its pitch is simple: smaller app bundles, cleaner dependencies and one consistent way to build JavaScript apps on Solana.
That matters because the SDK sits underneath a huge share of Solana apps. Packages tied to it logged over 3 million downloads in a recent week, so any change here ripples outward fast.
What changed in web3.js v3
The SDK rebuilds nine legacy web3.js classes on top of Solana Kit, the newer toolkit Solana introduced in February 2025. The familiar class names stay the same, preserving backward compatibility with established naming. What changed is the plumbing underneath, which now runs on Kit’s more modern foundation.
The goal, per the release, is to cut bundle sizes and simplify the dependency structure. The update also aims for consistent interfaces across three core building blocks: signers, clients and codecs.
The breaking changes developers need to know
Version 3 introduces several breaking changes. Methods which previously ran synchronously now run asynchronously. Functions like Keypair.generate() are affected, meaning code that expected an instant answer will now have to wait for a promise to resolve.
Numeric values must now use bigint, JavaScript’s type for arbitrarily large integers. Account data, meanwhile, moves to Uint8Array, a standard format for raw binary data.
A new wallet adapter package also arrives alongside the SDK. On compatibility, v3 supports Node.js 20.18 and above, modern browsers and React Native. The release also brings improved validation and transaction handling.
Release timeline and the fate of v1
Version 3.0.0 was tagged on GitHub on October 1, followed by a maintenance release, v3.0.1, on October 5. The public announcement came a day after that.
The legacy version 1 now moves to maintenance-only status. Version 3.0.0 is expected to be tagged as “latest” around October 19, 2026. Once that switch happens, new projects will start on v3 automatically.
Why this matters for Solana’s ecosystem
This update grows out of the Solana Kit tools introduced in February 2025. By rebuilding the classic classes on Kit, it gives existing developers a migration path that keeps the vocabulary they know.
The async shift and the move to bigint and Uint8Array mean migration work, testing time and the occasional bug that only shows up in production. For new projects, starting on v3 after it becomes the default around October 19 should be the easier path, since they will not carry legacy code to unwind.
What to watch next: how quickly major Solana projects migrate, whether the October 19 default switch surfaces new issues, and how the new wallet adapter package gets picked up across apps. With download counts in the millions each week, even a modest migration rate would put v3 in front of a large slice of the ecosystem fairly quickly.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Solana, a leading layer-1 blockchain recognized for its high-speed network, reported a substantial surge in transactional activity during the third quarter of 2026, as non-vote transactions more than doubled compared to the end of 2025.
Transaction volume sets new recordsThe official Solana account announced that the network processed 8.92 billion non-vote transactions in Q3 2026. This figure marked a 104% increase from the 4.38 billion transactions recorded in the final quarter of 2025.
Solana also outperformed its previous quarters in 2026. The blockchain saw 7.54 billion transactions in Q1 and 7.19 billion in Q2, highlighting a steady upward trend in activity. The quarterly growth for Q3 stood at 24%, signaling a reversal from the decline registered in the preceding quarter.
Solana’s non-vote transaction count includes network interactions such as token transfers, decentralized application activity, and trading, excluding the regular validator votes essential for network consensus.
Co-founder Anatoly Yakovenko, widely known as Toly, acknowledged the network’s milestone with a concise social media post:
“Put the cryptography into the computer,” he wrote, conveying enthusiasm about the blockchain’s accelerating adoption.
Data compiled by Solana Compass indicated that the blockchain handled about 3.18 billion completed non-vote transactions in September alone, setting its third straight monthly record. This consistent rise underscores the persistent demand on Solana’s infrastructure from developers and users.
QuarterNon-Vote Transactions (Billion)Quarterly ChangeQ4 20254.38—Q1 20267.54+72%Q2 20267.19-5%Q3 20268.92+24%Interpreting on-chain activityNon-vote transactions are central to assessing true user engagement on a blockchain, as they filter out automated validator votes that secure the network’s consensus. Instead, they reflect interactions linked to token transfers, decentralized applications, and trading platforms built on Solana.
Mini dictionary: Non-vote transactions — Blockchain transactions that exclude validator voting, capturing real user activity such as token transfers, smart contract interactions, and decentralized app usage.
Despite the record-breaking totals, analysts caution that these statistics may not directly equate to an increase in individual user activity. Automated trading bots are capable of generating a significant proportion of transaction volume, inflating on-chain metrics without necessarily boosting the actual number of unique users.
SOL token performanceAmid these network milestones, Solana’s native token, SOL, was trading near $104 on October 19, with its market capitalization standing at around $61 billion.
StonkFun, the Solana launchpad behind the $STONK token, has generated close to $40M in fees and over $900M in DEX volume since its August launch, according to DefiLlama.
StonkFun, a token launchpad on @Solana, has posted fast early numbers since opening in August, raising the question of whether it can become a leading platform in a crowded field. The project, which operates as @LaunchOnSF, has attracted traders with a model that pairs new tokens with tokenized stocks rather than only $SOL or stablecoins.
Fees and volume since launchDefiLlama data shows StonkFun has collected $39.91 million in cumulative fees, with cumulative DEX volume at $903.46 million. All of it has come on Solana. The same dashboard shows fees of $21.6 million over the past 30 days, though 24-hour fees were about $96,000, suggesting activity has cooled from earlier peaks.
The platform officially opened on August 3, 2026, while the $STONK token went live on July 23 in a pool on Raydium, according to a MEXC Crypto Pulse explainer. The same report says $STONK launched with a fixed supply of 1 billion tokens, no presale and revoked mint and freeze authority.
A key catalyst came in early September. The Block reported that $STONK jumped more than 250% to a market cap of roughly $140 million after StonkFun integrated with Raydium's LaunchLab. Pump.fun, the dominant Solana launchpad, later copied the feature, according to Our Crypto Talk, which also reports the integration cut token deployment costs from 0.29 SOL to 0.03 SOL.
The burn mechanism and the risks$STONK is tied to platform activity through a buyback and burn. Roughly 60% of platform fees are used to buy the token on the open market and burn it, with the remainder retained, according to Nulltx. StonkFun announced on September 25 that 18% of the total supply had been burned, KuCoin News reported.
The same Nulltx analysis notes the flywheel depends on continued trading activity: buyback pace slows if volume drops. Cryptonews.net also reported that StonkFun briefly overtook Robinhood Chain's $PONS in daily revenue in September, with $1.355 million in fees against $1.21 million.
Whether StonkFun can hold its position will depend on how long demand for stock-paired launches lasts, and on how Pump.fun and other launchpads respond. Its early fee and volume figures are strong for a platform less than three months old, but they are not a guarantee of lasting leadership.
Sources:
DefiLlama: StonkFun fees, revenue and volumeNulltx: On-chain mechanics behind StonkFun's token burnsKuCoin News: StonkFun burns 18% of STONK supply
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tron has established a clear lead in blockchain network revenue over the most recent 30-day period, generating more than $23 million and ranking first among all tracked chains. On-chain data compiled by DefiLlama and highlighted by the analytics account Lookonchain show Tron recording approximately $23.41 million in revenue.
This figure places the network well ahead of Ethereum at roughly $6.34 million, Solana at about $3.4 million, and Base at around $2.78 million over the same window.
The ranking covers daily, weekly, and monthly timeframes, with Tron holding the top position across each.
On a 24-hour basis, the network has continued to produce hundreds of thousands of dollars in fees, consistent with its longer-term average.
These numbers reflect chain-level activity rather than application-level protocol earnings, focusing on fees collected or burned at the base layer.
Tron’s revenue strength stems largely from its central role in stablecoin transfers, particularly Tether’s USDT.
The network hosts tens of billions of dollars in stablecoin supply and processes millions of daily transactions tied to payments, remittances, and settlement in emerging markets.
High transaction throughput combined with relatively predictable fee structures generates steady income even when speculative activity on other chains fluctuates.
DefiLlama data indicate Tron’s stablecoin market capitalization stands near $95 billion, with USDT dominating the supply, underscoring the practical utility driving fee volume.
By comparison, Ethereum’s revenue remains tied more closely to a broader mix of decentralized finance activity, NFT trading, and gas consumption that can vary with market conditions.
Tron ranks No. 1 among all chains in 24-hour, 7-day, and 30-day revenue, far ahead of other chains.
Its monthly revenue reached $23.41M.https://t.co/28rZKzvLEx pic.twitter.com/rM6JuEmmnM
— Lookonchain (@lookonchain) October 19, 2026
Solana captures significant volume from high-frequency trading and meme-token activity, yet its reported chain revenue has lagged Tron’s in the latest period.
Base, as a Layer-2 network optimized for low-cost consumer applications, generates fees primarily through its sequencer and related activity, but the absolute totals remain smaller than Tron’s base-layer figures.
Industry observers note that Tron’s model benefits from consistent real-world payment demand rather than relying solely on cyclical DeFi or speculative surges.
Earlier quarterly reports from the Tron ecosystem have documented multi-trillion-dollar stablecoin settlement volumes and tens of millions of active addresses, providing context for why fee generation remains elevated.
While average transaction fees on Tron have moderated somewhat following prior adjustments, overall activity has sustained the revenue lead.This performance highlights a divergence between market narratives and on-chain economic output.
Networks often associated with high total value locked or developer activity do not always translate that presence into the highest fee retention.
Tron’s position as the leading revenue generator for the period illustrates how specialized use cases—particularly stablecoin settlement—can produce durable cash flows.
Market participants tracking protocol economics continue to monitor whether this lead persists as competing chains expand their own payment and settlement capabilities. Data sources remain transparent and publicly available for independent verification, allowing observers to track ongoing shifts in fee rankings as market conditions evolve.
JPMorgan predicts Bitcoin will be the highest-return asset over the next decade, outperforming U.S. stocks and gold.
JPMorgan Asset Management released its "2027 Long-Term Capital Market Assumptions" report on October 19, including Bitcoin in its long-term return forecast for the first time. The report projects Bitcoin’s compound annual return over the next 10 to 15 years will reach 10%, outperforming 7.5% for U.S. large-cap stocks, 5.5% for gold, and 8.2% for U.S. real estate investment trusts (REITs). It also estimates Bitcoin’s arithmetic average annual return at 20.9% and annualized volatility at 55%. Matt Hougan, chief investment officer of Bitwise, noted that JPMorgan has ranked Bitcoin as the top-performing asset expected over the next decade, a move that signals a shift in traditional financial institutions’ attitude toward crypto assets.
1 seconds ago
After Anthropic disrupted IBM, OpenAI also posted a near-perfect score in COBOL migration.
Beating AI Express: In February this year, after Anthropic demonstrated Claude Code’s capability to modernize legacy COBOL systems, IBM’s stock price plummeted 13.2% in a single day. Eight months later, OpenAI released its latest results for the GPT-6 series on legacy programming languages, with a maximum success rate of 97.9% in COBOL code migration tests.
COBOL, created in the 1950s, remains widely used in banking transactions, ATMs, and insurance systems. Many programs have operated for decades, their original developers long departed, and some business rules exist only within the code itself. Rewriting these into modern languages requires not just making the code run, but also ensuring fully consistent calculation results. For instance, COBOL’s fixed-point arithmetic discards excess decimal places unless explicitly ordered to round; a new program using rounding instead could lead to financial account errors.
OpenAI specifically tested AI’s ability to convert COBOL programs to languages including C++, Java, Python, and Rust, requiring byte-for-byte identical output between the old and new programs. GPT-6.1 Sol achieved an 86.6% success rate at low inference settings, compared to just 5.4% for the previous GPT-5.6 Sol, with an estimated API cost reduction of 39%. Success rates climbed further to 97.9% when increasing inference settings.
OpenAI also open-sourced MultiLangBench, which tasked AI with building SQLite-compatible database engines from scratch in 20 different programming languages. GPT-6 Astra posted an average test pass rate of 87.4%, versus 26.8% for GPT-5.6 Sol. Between the two models, their scores on COBOL were 72.1% and 10.9% respectively – COBOL ranks as the most challenging of the 20 tested languages.
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Investors ramp up AI-related credit default swap trades to hedge against industry debt risks.
Investors are rushing to buy credit default swaps (CDS) to shield their portfolios from a potential AI boom bust. The financial instrument, which rose to prominence during the global financial crisis, has seen its trading volume surge sharply. Firms are on a borrowing spree to fund trillions of dollars in AI infrastructure spending, driving demand for these "insurance-like" derivatives that pay out if the underlying entity defaults on its debt. According to Morgan Stanley research, weekly average trading volume of CDS linked to bonds issued by Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom and Nvidia topped $9 billion in September, compared to less than $2 billion in July. Institutional data shows that year-to-date trading volume of U.S. corporate CDS indexes has already surpassed last year’s full-year total. (Financial Times)
1 seconds ago
A ZEC-holding crypto whale increased its MASK holdings, purchasing 3.69 million tokens over the past three days.
According to Lookonchain’s monitoring, a crypto whale holds over $15 million in assets, including 10,241 ZEC tokens valued at $11.69 million. The whale has been steadily accumulating MASK tokens over the past three days, purchasing a total of 3.69 million MASK tokens worth $151,000.
1 seconds ago
$ZEC Whale Buys 3.69M $MASK ($151K) Over 3 Days
A $ZEC whale is buying $MASK! This whale holds over $15M in assets, including 10,241 $ZEC ($11.69M). Over the past 3 days, he has been accumulating $MASK, buying a total of 3.69M $MASK ($151K).
1 seconds ago
Cashmere Labs will launch its Mountain product and CSM token, with Goat LP opening to all users.
Multi-chain anti-MEV DEX aggregator Cashmere Labs, built on LayerZero, tweeted that it is expanding its ecosystem. Goat LP, an automated liquidity management tool for Uniswap v3/v4 positions on Robinhood Chain, will be open to all users. The team will next launch the Mountain product and its native token CSM. Within Mountain, Barn (a soulbound NFT) can earn CSM via continuous issuance, while Goat Street NFTs can be permanently bound to Mountain to receive issuance shares. CSM has a maximum total supply of 666 million tokens, with 65% allocated through Barn and Goat issuance. The team also plans an airdrop (wallets that have listed Goat Street NFTs on OpenSea will be excluded) and a launchpad.
Tron recorded $23.41 million in chain revenue over the past 30 days, according to DefiLlama’s data. That exceeded Ethereum’s $6.34 million and Solana’s $3.40 million combined.
The figures show Tron leading in revenue generated. It has also seen a lot of stablecoin presence, while TRX’s price chart showed a market performance that was dull.
Tron’s lead extends beyond the monthly figure Ethereum and Solana together had about $9.74 million over the same period, with Tron having about 2.4 times that amount.
The difference also could also be seen in its seven-day and 24-hour data. Its seven-day revenue is $5.8 million, and its 24-hour figure is $554,976, which is more than both these other networks.
Source: DefiLlama But the ranking alone does not show that Tron’s revenue increased. It shows how much the network generated during those periods, but not its performance in the month before.
The $23.41 million is not all the earnings on Tron; the fees are shown as transaction fees paid by users.
USDT dominates Tron’s stablecoin supply Tron’s dashboard showed about $95 billion in stablecoins, with USDT making up 97.76% of that total.
But the amount that is outstanding is different from the amount transferred, and it does not identify how much revenue came from payments, trading, or other uses.
TRX’s rebound loses momentum near $0.335 TRX traded around $0.3313 at the time of this writing, down 0.42%.
It had bounced from roughly $0.327, but that recovery thinned out before reaching the $0.34 price level. Recent trading suggested buyers have not been able to establish a sustained upward move.
Source: TradingView The $0.327–$0.328 price area remained the nearest level where buyers had previously stepped in. A recovery above $0.335–$0.337 would mean that the rebound was gaining traction.
Final Summary Tron’s $23.41 million in 30-day chain revenue was more than Ethereum and Solana’s combined total. TRX traded near the $0.3313 price level as its recent rebound slowed.
Two of Wall Street’s most recognizable names are running Solana funds. This week, they went in opposite directions.
Morgan Stanley’s Solana Trust, ticker MSOL, has not sold any SOL and has pulled in fresh money. Meanwhile, Fidelity sold $1.8 million of SOL in a single session. Same asset, same week, very different vibes.
The broader category of US spot Solana exchange-traded products saw outflows of approximately $25 million during the week. MSOL was swimming upstream.
The flow numbers On October 8, 2026, MSOL recorded an inflow between $1.77M and $1.8M. That came on a day when the Solana ETP cohort as a whole was losing money.
Fidelity’s FSOL went the other way. The fund logged a $1.8M outflow in October, matching reports that Fidelity sold SOL.
For context on scale, MSOL is still the smaller player. It manages approximately $52M in assets, which trails competitors such as BSOL.
FSOL has also shown intermittent redemptions rather than a single bad day.
How Solana ETPs got here The Solana ETP cohort first launched in May 2026. Since then, it has accumulated approximately $1.56 billion in net inflows.
As of mid-October 2026, the group held around $1.62 billion in net assets.
MSOL listed on NYSE Arca in late July 2026, entering a market where rivals already had a head start on assets.
To compete, Morgan Stanley leaned on two features. The first is price: MSOL charges an expense ratio of 0.14%. The second is yield: the fund passes up to 95% of staking rewards to investors.
What this means for Solana fund investors When the overall category is shedding money, a fund with a low fee and staking pass-through still managed to attract capital.
An inflow of around $1.8 million into a fund of approximately $52M is meaningful for MSOL. Measured against a category holding around $1.62 billion, it is a rounding error.
The broader category flows deserve the most attention. Approximately $25 million in weekly outflows, after a strong summer, hints that investors are taking a wait-and-see approach. Cumulative net inflows of approximately $1.56 billion give the group a sizable cushion.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
September 2026 was the month Zoomex turned its TradFi expansion into a full trading calendar. After crossing the 50-contract milestone for Stock Perpetuals at the end of August, the platform spent September widening the lineup, adding ETF-linked perpetuals to its TradFi Zone, relaunching Zero-Fee TradFi, and opening the Zoomex World Trading Championship 2026 (ZWTC 2026) with a prize pool of up to 5 million USDT.
The backdrop was far less calm. The U.S. Senate failed to advance the CLARITY Act, the Federal Reserve raised rates for the first time since 2023, and Bitcoin still closed the month higher. Beneath that noise, Zoomex’s verifiable reserves stayed multi-chain, stablecoin-anchored and openly trackable, which is exactly what Transparent by Design is meant to deliver. This report reviews Zoomex’s on-chain reserves, chain and token composition, and platform metrics as tracked through DefiLlama, CoinMarketCap and CoinGecko, alongside the product developments that shaped the month.
Zoomex Overview Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on Derivatives, serving over 3 million users across 35+ countries and regions and offering 700+ trading pairs. Its philosophy of easy-to-use, transparent balances and fair access to earnings shapes everything from its trading interface to the way it publishes proof of reserves. Zoomex has completed security audits conducted by Hacken and holds multiple regulatory registrations, including U.S. and Canada MSB, U.S. NFA, and Australia AUSTRAC.
September’s product story was the continued build-out of the TradFi Zone.
On September 1, Zoomex confirmed that its Stock Perpetuals lineup had grown past 50 contracts across four asset categories, timed with a Zero-Fee TradFi event that ran from August 28 to September 4. On September 8, the platform announced a further expansion covering more than 30 US and global equities across four categories, all margined and settled in USDT and trading around the clock. Two days later, Zoomex put the spotlight on TSLA and NVDA exposure through its rule-based derivatives offering, reinforcing Fair Access & Rule-Based Execution for every trader.
On September 18, ahead of the Federal Reserve decision, Zoomex highlighted its ETF-linked perpetuals, SPYUSDT, QQQUSDT, IWMUSDT, XLFUSDT, XLKUSDT and TQQQUSDT, available through the TradFi Stock Perpetuals section. The same day, it relaunched Zero-Fee TradFi, running from September 11 to October 11, 2026, which rebates 100% of actual trading fees on eligible stock contracts, commodity contracts and stock tokens, capped at 100 USDT per account.
On the competition side, Zoomex launched ZWTC 2026 on September 10 with a prize pool of up to 5 million USDT, its largest to date. The Squad Competition, with up to 2.5 million USDT in prizes and three separate leaderboards, opened on September 21 and runs until October 11 at 10:00 UTC. Alongside it, Zoomex Predict World continued to feature its established Long-Term event contracts, giving traders a longer-horizon complement to the 5 Minute, 15 Minute and 4 Hour markets. Together, these launches reflect a Refined Brand & Trading Experience built around one account and one rule set for crypto, equities, ETFs and commodities.
Exchange trade volume Zoomex’s exchange trade volume ranged from about $125M to $680M in September, with the month’s defining move arriving in its final third, according to CoinGecko. September volume ranged from roughly $125M to $680M, with the month’s low on September 13 and its peak on September 22. For scale, that peak sits at about two thirds of the $1.02B high recorded in August.
Source: Coingecko On the pair side, BTC/USDT strengthened its lead at 53.5% of volume, up from 43.4% in August, followed by ETH/USDT at 13.7% and USDC/USDT at 11.6%. ETH has therefore overtaken USDC/USDT for second place. SOL/USDT contributes 3.9%, HYPE/USDT and XRP/USDT 1.6% each, and ENA/USDT 1.5%, while a tail of other pairs accounts for 12.6%. As in previous months, 100% of volume settles in USDT by CoinGecko’s currency breakdown, underscoring its role as Zoomex’s near exclusive quote and settlement currency.
On-chain reserves Zoomex’s total on-chain assets stayed inside a narrow $34M to $38M band for the whole month, extending the durable step-up that began in August. DefiLlama’s CEX Transparency tracker shows reserves opening near $36M, easing to a monthly low of about $33.8M around September 10, rebuilding to roughly $36.5M by September 15, and reaching the month’s peak of about $38M around September 20. A pullback to roughly $35M followed by September 25, before assets climbed again to about $37M at month end. The live reading on October 13 stood at $34.9M.
Source: Defillama The contrast with the mid-year pattern is clear: there were no sharp spikes that unwound within days, and the base held. As always, this figure reflects verifiable cold and hot wallet holdings tracked by DefiLlama and sits alongside, not in place of, Zoomex’s separately maintained $50 million insurance fund.
Assets by chain Ethereum remains Zoomex’s largest chain by a wide margin, holding roughly $15.7M at month end versus about $16.5M on September 1, with a low near $15.1M around September 24. That is close to 42% of tracked assets. XRPL stays second at about $6.9M, after dipping to roughly $6.1M in mid-September and peaking near $7.4M on September 23. Tron fell from about $3.5M to around $2.0M by September 22, then jumped to roughly $4.0M by September 30, the largest late-month move among the major chains. Mantle rose from about $1.7M to $2.1M, Solana roughly doubled from about $1.0M to $2.0M, BSC slid from about $2.2M to $1.5M, while Base (about $1.45M) and Arbitrum (about $1.3M) stayed flat.
Source: Defillama The most unusual line is Bitcoin. Its balance sat near $0.8M until September 14, jumped to about $2.75M on September 15, climbed to roughly $3.3M by September 22, then fell back to about $1.6M on September 23 and $1.1M on September 24, ending the month near $0.95M. That round trip points to a temporary custody or settlement movement rather than a lasting reallocation, and it lines up with the BTC inflow and outflow bars in the flow data below. Zoomex’s reserves remain distributed across 14 networks, the same multi-chain footprint maintained throughout 2026, with OP Mainnet, Polygon, Vaulta, Doge and Sonic each holding under $0.5M.
Token balances Read in raw units rather than USD value, PEPE again dominates by count, but its trajectory reversed from August. The balance held near 8.7 billion units through mid-September, then stepped down to roughly 7.7 billion around September 17 and about 7.1 billion by September 20, a decline of close to 19%. Meme coin balances on an exchange typically mirror user activity rather than treasury decisions, so this looks like client withdrawals more than a deliberate reallocation. BONK stayed flat at roughly 2.5 billion units.
Source: Defillama TBY’s block-shaped presence continues to be the more interesting signal. It appeared at around 5.3 billion units in five separate windows, September 1 to 7, 10 to 11, 19 to 20, 24 to 25 and 29 to 30, and was absent in between. That on and off pattern is more consistent with temporary custody, a settlement cycle or a recurring product flow than with a held position.
USD inflows Source: Defillama Outside those windows, daily activity stayed shallow and mixed. Net flow across the month was slightly negative, yet total assets ended higher, which means price moves rather than deposits explain the stable balance sheet. The framing from August holds: movement was event-driven and concentrated in a handful of identifiable days, not the product of steady retail flow.
Inflows by token The token split shows what drove each of those days. The September 15 spike was almost entirely Bitcoin, at roughly $2.0M gross, and the September 23 outflow was the mirror image, with about $1.85M of BTC leaving, partly offset by roughly $0.4M of TRON inflow. That confirms the temporary Bitcoin build seen in the chain data.
Source: Defillama Stablecoins drove the rest. USDT left on September 1 (about $0.9M), September 19 (about $1.35M) and September 22 (about $1.6M), then returned on September 29, when roughly $1.65M of USDT arrived together with smaller USDC and TBY inflows. WETH was the one asset with clear accumulation, with inflows of about $0.85M on September 19 and $0.4M on September 20. XAUT recorded a small inflow of about $0.3M on September 2.
Token values (USD) Viewed by asset value, September was a rotation story. USDT started the month near $11.3M, held between $9.5M and $10.5M through September 18, then fell to about $8.6M on September 19, $6.9M on September 22 and a low near $6.6M on September 24, before rebounding to about $9.1M on September 30. At the same time, WETH stepped up from roughly $4.3M to around $6.1M between September 19 and 22 and held that level, which matches the inflow bars above. In other words, part of the stablecoin drawdown reappeared as ether exposure.
Source: Defillama XAUT slipped from about $5.35M to roughly $5.0M, a decline of around 7% that is largely a price effect, since gold retreated through September after its August high. Mantle’s MNT rose from about $1.5M to $2.0M, while ETH (about $1.6M), USDT0 (about $1.0M to $1.2M) and AAVE stayed broadly stable. The purple Bitcoin line shows the temporary spike to about $3.3M on September 22 and the return to under $1M afterwards.
Token breakdown The composition snapshot reads as liquidity first with measured diversification. USDT leads at 32.55%, followed by WETH (16.12%), XAUT (13.42%) and BTC (10.03%), which together account for roughly 72% of holdings. The rest is spread across MNT (4.55%), ETH (4.12%), USDT0 (3.48%), USDC (3.19%), AAVE (3.08%), TRON (1.71%) and an Others bucket of 7.73%.
Source: Defillama Several comparisons with August stand out. USDT rose from 27.96% to 32.55% and WETH from 12.45% to 16.12%, while XAUT eased from 14.94% to 13.42%. BTC jumped from 2.16% to 10.03%, which is consistent with the temporary Bitcoin build between September 15 and 22 rather than a strategic shift. Counting USDT, USDT0 and USDC, stablecoins make up about 39% of the portfolio, and ether exposure across WETH and ETH is about 20%.
Individual stablecoins USDT makes up almost all of Zoomex’s tracked stablecoin balance. USDT opened September near $10.4M and closed around $9.1M, with a mid-month trough near $6.6M. USDC edged down from about $0.9M to $0.75M.
Source: Defillama Total stablecoins Combined stablecoin holdings fell from about $11.5M on September 1 to a low of roughly $7.3M on September 24, a drop of around 36%, before recovering to about $9.9M on September 30. Net, stablecoins ended the month roughly 14% below where they started. Because total assets stayed in the $34M to $38M band, stablecoins slipped from about 32% of tracked assets at the start of the month to roughly a fifth at the trough, which reflects a shift in composition rather than a shrinking balance sheet. The late month rebound, which coincides with the $1.65M USDT inflow on September 29, suggests the rebuild was already underway as September closed.
Source: Defillama Platform community and user metrics Zoomex ended September 2026 with over 3 million registered users across more than 35 countries and regions. The platform’s Telegram community has grown from 76,277 members to 82,319, reflecting active engagement among Zoomex’s core retail trading base.
Zoomex’s daily active trader count consistently exceeds 1 million users according to independent review data, TradersUnion. The platform regularly adds new assets based on market demand combined with rigorous vetting, as of this report, Zoomex lists 486–495 cryptocurrencies and operates across 518–575 trading pairs depending on the market segment (spot or derivatives), a figure that has grown steadily through 2026.
ZoomexFounded in 2021, Zoomex is a global crypto exchange serving 3M+ users with 600+ trading pairs. Guided by the values of "Simple, User-Friendly, and Fast," Zoomex leverages a high-performance engine to ensure a fair, just, and transparent trading environment where every transaction is fully traceable and unbiased. With MSB (U.S./Canada), NFA, and AUSTRAC licenses and audits by Hacken, Zoomex provides institutional-grade security. Partnered with TGR Haas F1 Team and Emiliano Martínez, the platform mirrors elite precision and consistency, delivering a secure, low-barrier, and compliant ecosystem for traders worldwide.
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Solana Foundation official brand assets (solana.com/branding)
SkyAI has sold its entire Solana treasury and initiated a $201 million tender offer, according to a report by The Defiant. The company, which previously held 2,077,799 SOL valued at approximately $218.5 million, reported it now holds $223.8 million in cash. This move by SkyAI, formerly known as Sharps Technology, removes a significant amount of Solana from the corporate treasury market. The tender offer retains a $3-per-share price, despite challenges from Bastion. Solana’s price at the time of the report hovered near $105.
Key Takeaways
The sale of Solana by SkyAI appears to indicate a shift in confidence regarding Solana’s future potential.
Current market pricing suggests reduced confidence in Solana reaching $190 in the near term, with a noticeable decline in YES pricing across several prediction markets.
The tender offer and the cash position retained by SkyAI suggest a strategic repositioning away from Solana.
What to Watch
Watch for any further announcements from SkyAI or Bastion regarding the tender offer and share price challenges. Additionally, observe Solana’s price movement and market reactions to gauge sentiment changes. Developments in Solana’s ecosystem, such as network upgrades or regulatory changes, could also influence market perceptions and pricing outcomes.
LI.FI is launching intent-based execution for Ondo Finance tokenized stocks and ETFs on Solana, linking 450+ assets to its network of 1,000+ wallets, apps and neobanks.
@Lifiprotocol is launching native, intent-based execution for @OndoFinance tokenized stocks and ETFs on @Solana, connecting more than 450 tokenized securities to its distribution network. The network spans more than 1,000 consumer wallets, DeFi applications and neobanks.
The launch uses a Request for Quote (RFQ) liquidity model through LI.FI Intents, enabling one-click secondary market trading of tokenized securities. Retail and institutional traders can trade tokenized stocks against on-chain capital, without routing through traditional broker-dealer clearinghouses or dealing with cross-chain bridging.
How the integration worksLI.FI describes itself as an intent-based execution engine for same-chain and cross-chain token transfers. According to LI.FI, market makers in its network quote competitive prices for tokenized assets, which helps partners offer access at the best available prices across supported chains. Partners can unlock the assets through their existing LI.FI integration.
Ondo and LI.FI first announced the tie-up with support for Ethereum and BNB Chain, with Solana listed as coming soon. Ondo said the integration brought 438+ tokenized U.S. stocks and ETFs, including Tesla, NVIDIA, Apple, QQQ and SPY, to LI.FI's partner network. The Solana launch extends that access to a third chain.
Ondo's growing footprint on SolanaOndo Finance brought its tokenized equities platform to Solana on January 21, 2026. The Solana Foundation said the tokens are backed 1:1 by securities held at U.S.-registered broker-dealers, and can be minted and redeemed 24 hours a day, five days a week. That launch made Ondo the largest real-world asset issuer on Solana by asset count.
Tokenized stocks are often spread across several blockchains, which fragments liquidity. LI.FI notes that Ondo's platform currently covers Ethereum, BNB Chain and Solana, and that its products are offered to non-U.S. users, with an institutional-first approach. Routing trades through a single intent-based layer is intended to reduce that friction for wallets and apps.
Tokenized securities give holders economic exposure to the underlying shares rather than shareholder rights, Cointelegraph reported in its explainer on Ondo's Solana plans.
Sources:
LI.FI: Ondo Tokenized Stocks Are Now Live on LI.FIOndo Finance: Ondo Tokenized Stocks Are Live on LI.FISolana Foundation: Ondo Global Markets on Solana
Rome Protocol has published connection details for its Hadrian testnet, giving developers a USDC-funded environment to try Ethereum-style applications inside Solana, while its documentation separately lists a mainnet network called Rubicon.
Summary
Rome’s Hadrian testnet runs on Solana Devnet, while its documentation separately lists Rubicon as mainnet. Compound v3 and Aave v3 implementations remain reference applications, without confirmed official protocol migrations. Hadrian uses test USDC for gas, with transaction pricing controlled through configurable operator settings. Rome reports a Halborn audit, while its documentation lists Ethereum compatibility and execution limits. Rome Protocol’s Oct. 18 post identifies Hadrian as a testnet running on Solana Devnet, with chain ID 200010, an RPC endpoint, an explorer, and instructions for obtaining test USDC. The supplied screenshot directs developers to Circle’s faucet and a bridge interface to fund their wallets.
The project’s developer documentation lists Rubicon separately as mainnet, with chain ID 7531 and a different RPC endpoint. Its introductory page describes Rubicon as using real USDC, distinguishing the production environment from Hadrian’s testing assets.
Rome EVM runs Solidity code within Solana Rome’s execution documentation describes an Ethereum Virtual Machine implemented as a Solana program. A proxy receives signed Ethereum-style transactions, checks them through an offchain emulator, and packages their instructions for execution by Solana validators.
According to the architecture described by the project, Solidity contracts can call native Solana programs through cross-program invocation, or CPI. Developers can use familiar Ethereum tools while their contracts execute within Solana’s runtime.
The documentation describes shared application state between EVM and Solana users. Its statement that no bridge is needed concerns interactions inside that environment; Hadrian’s funding instructions separately direct users to a bridge when bringing test USDC into the network.
Rome’s execution guide distinguishes two processing modes. Operations that fit within one Solana transaction use atomic execution, where the complete transaction succeeds or reverts together.
For more demanding operations, the same guide describes iterative execution across several Solana transactions. Accounts are locked during processing, and cached effects are committed at the end. The project lists a 160-step session limit and restrictions on which Solana program calls can use that mode.
Solana’s transaction capacity has been the subject of separate network changes. In an Aug. 30 report, Jacob Creech outlined a planned move from 1,232-byte transactions to a 4,096-byte format, as crypto.news previously reported. The announcement scheduled Transaction V1 for Sept. 9 and treated slot-time reductions and Alpenglow as separate upgrades.
Compound and Aave implementations remain reference applications Rome’s Hadrian guide names Uniswap, Compound and Aave as reference applications validated first on the testnet.
The project’s Aerarium repository describes a Compound v3 lending application with two wallet routes sharing one lending pool. One route accepts Ethereum-style signed transactions through MetaMask; the other uses Phantom and a Solana-derived identity without requiring an Ethereum key.
According to that repository, both routes access the same Comet market, covering USDC deposits, collateral deposits, borrowing, repayments, and withdrawals. The listed application address uses a devnet domain. GitHub
Rome’s Aave interface repository explicitly calls the product a demo and places it on Hadrian. Its accompanying contract repository describes a fork of Aave’s code.
Those materials establish how Rome presents its implementations. They do not establish that either lending protocol’s governing organization has approved a production deployment or moved existing user positions to Rome.
Rome has pursued other financial applications through partnerships. In March 2025, the project announced work with KiiChain on tokenized assets and cross-chain payment finance for Latin America. Executives described plans involving real estate, agricultural commodities and access to Solana liquidity.
USDC gas payments depend on operator configuration Hadrian’s network guide specifies USDC as its gas token and identifies Circle’s Solana Devnet USDC mint. Developers funding from Solana need test USDC and some devnet SOL, according to the guide.
Circle’s faucet supports both Solana Devnet and Ethereum Sepolia. The provider describes faucet tokens as testing assets without real-world value and currently lists a distribution of 20 test USDC per request, subject to its limits.
Rome’s application-chain documentation allows an operator to select an SPL token for gas payments and route transaction-fee revenue to an application treasury.
The same documentation describes a pricing service that converts the chosen gas token against SOL for underlying Solana transaction costs. Its configuration can draw prices from Meteora pools or a Pyth/Hermes fallback.
Rome’s constraints page lists configurable minimum gas prices and a proxy-level multiplier. The published framework therefore describes configurable pricing, without establishing one universal dollar cost for every application transaction.
Audit and compatibility claims carry defined limits Rome’s EVM repository identifies a mainnet program and says Halborn audited it. The repository provides instructions for rebuilding the program and comparing it with the deployed binary, with build-time and commit-hash metadata masked during comparison.
The project’s compatibility documentation lists differences from Ethereum, including disabled modular-exponentiation functionality and gas behavior that does not reproduce Ethereum’s per-operation schedule.
The constraints page says Rome transactions must declare the Solana accounts they touch before execution. It lists a 64-address transaction cap and approximately 1.4 million compute units per transaction. The guide recommends measuring actual Solana compute consumption from transaction receipts because the EVM gas-used figure does not faithfully represent that resource use.
Its mainnet deployment table names a Squads multisignature wallet as upgrade authority.
Separate interoperability projects have targeted institutional markets. In August, Interstice Digital announced a cross-chain swap engine linking Canton with Ethereum, Solana and Robinhood Chain. FalconX supplies liquidity, while Interstice said it does not hold customer assets or execute transactions on users’ behalf.
Bitcoin started the new week with a recovery, pushing the price above $82,000. However, despite the recovery, uncertainty for BTC persists, while treasury companies continued their purchases this week as well.
Firstly, Strategy, the world’s largest publicly traded Bitcoin holder, also made purchases this week.
According to a statement by Strategy founder Michael Saylor, Strategy purchased an additional 267 Bitcoin. This brings the company’s total Bitcoin holdings to 848,517 BTC. The company also repurchased STRC preferred shares worth $193 million.
Saylor noted that Strategy also holds $5.3 billion in assets, adding that the company’s dollar-denominated assets could cover current preferred stock dividends and interest payments for approximately 3.4 years.
“Strategy purchased 267 BTC and repurchased STRC worth $193 million. As of October 18, 2026, we hold 848,517 BTC and $5.3 billion USD in assets.”
Besides Strategy, Strive also purchased an additional 1,223 Bitcoin last week. Strive CEO Matt Cole announced in a post on his X account that they bought 1,223 BTC last week at an average price of $81,734. With this purchase, Strive’s total Bitcoin holdings increased to 36,818 BTC.
Ethereum Purchases Continue! Bitmine, the world’s largest holder of Ethereum, also announced last week that it purchased an additional 12,535 ETH, bringing its total holdings to 6,041,481 ETH. According to the announcement, this represents 4.9% of the total circulating ETH supply.
The official statement indicated that Bitmine’s total assets, including cryptocurrency, cash, marketable securities, and strategic investment assets, amount to $15.1 billion.
This figure includes 6.04 million ETH, 215 Bitcoin, $582 million in cash and marketable securities, $180 million worth of Beast Industries shares, and $74 million worth of Eightco Holdings shares.
Bitmine Chairman Tom Lee stated, “We believe Bitmine will outperform the crypto bull market we anticipate, given that it strengthened its competitive position last year amidst the crypto winter (bear market). We acquired 12,535 ETH last week. Bitmine’s consistent success in purchasing cryptocurrencies is unparalleled by any publicly traded company in the world. Bitmine has purchased ETH every week since the launch of its ETH Treasury Strategy on June 30, 2025.”
Solana Procurement Announced Too! Last week, Nasdaq-listed company DeFi Development Corp. announced it had purchased an additional 3,983 Solana, bringing its total SOL holdings to 2.59 million. The company also stated that it generated additional SOL and commission revenue by using its SOL holdings for staking and operating its own validator.
This acquisition comes just two days before the rollout of Alpenglow, a significant upgrade to Solana’s consensus protocol. CEO Joseph Onorati stated, “We believe Solana is entering a significant new growth cycle as Alpenglow enhances the network’s capabilities and expands the role of tokenization in global finance. We will also be increasing the annual dividend of our variable-rate Series C perpetual preferred stock, ‘CHAD,’ to 14%. This strengthens our income offering at a time when we believe there could be a major bull market for SOL. Our aim is to make CHAD more attractive to income investors while also expanding our SOL accumulation capacity for common shareholders.”
*This is not investment advice.
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SkyAI, formerly Sharps Technology Inc., has gone from being the fifth-largest Solana treasury company to holding no SOL after selling its entire reserve to fund a share and warrant buyback.
The company said Monday that it now holds approximately $223.8 million in cash as of Oct. 16 and had "completed the sale of all of its SOL."
If buybacks are fully subscribed, SkyAI would be left with roughly $22.5 million before costs.
On Sept. 14, SkyAI reaffirmed its commitment to its Solana treasury strategy while noting it held more than 2 million SOL. At the time, SkyAI had the fifth-largest holdings of all publicly traded Solana treasury companies.
However, its Oct. 11 buyback announcement disclosed sales of roughly 1 million SOL, while a subsequent SEC filing put the remaining balance at around 600,000 SOL.
This rapid drawdown of its SOL holdings led to Bastion Trading, which owns nearly 10% of SkyAI, calling for an independent review and saying it would not be participating in the buyback under the proposed conditions.
SkyAI is offering $3 per share or warrant to buy back 95% of outstanding shares. The company ended up dropping a proposed condition that required SOL to remain above $100, because it no longer holds any.
Bastion wanted a price of $3.50 per share, restrictions on insiders, and for strategic advisor warrants to be excluded.
SkyAI still describes its business as "building a financial platform that will combine stablecoin rails on Solana with AI." Monday's announcement does not say whether the company plans to rebuild its SOL treasury or provide any updates on the platform. It said it plans to stay listed on the Nasdaq after the buybacks are complete.
The Block reached out to SkyAI for comment, but did not immediately receive a reply.
SkyAI shares (SKYA) are up 4.5% on the day to $2.77, a 35% gain year to date.
SkyAI is no longer holding any Solana. The Nasdaq-listed company has sold its entire SOL treasury and is now sitting on approximately $223.8 million in cash, according to an Oct. 19 press release.
The plan for that money is a share buyback. For a company that built its public identity around holding a single crypto asset, that is a full reversal, delivered in about two weeks.
SkyAI trades under the ticker SKYA and was previously known as Sharps Technology. The liquidation covered more than 2 million SOL and was completed by October 16, 2026.
How SkyAI emptied the vault The sell-off did not happen in one shot. It began in early October, when the company unloaded about 1 million SOL.
That first tranche had a specific job. It helped fund a tender offer to repurchase up to 95% of SkyAI’s outstanding shares, along with certain warrants.
The tender offer is priced at $3 per share or warrant. Its total size is capped at up to $201.3 million.
Put the two figures side by side and the math is tidy. The $223.8 million cash pile exceeds the maximum the company could spend on the tender, leaving room above the cap.
The cost of the Solana bet The treasury strategy came with a steep entry price. SkyAI’s SOL position was reportedly accumulated at an average price of around $194, and the position carried major unrealized losses while the company held it.
The activist in the room SkyAI’s exit did not happen in a vacuum. Bastion Trading, which together with certain affiliates owns approximately 9.99% of the company’s outstanding common stock, has been pressing management.
Bastion has raised concerns about how transparent the SOL sales were and how fast they proceeded. The firm has also demanded governance changes, including board changes and an independent special committee, as well as a higher offer price of at least $3.5, before it agrees to take part in the buyback.
That last condition matters. A holder with close to a tenth of the company can shape whether a tender offer is broadly embraced or turns into a standoff. Bastion is effectively treating its participation as leverage.
What this means for crypto treasury companies There is also a market-structure angle for Solana itself. Selling more than 2 million SOL is a meaningful amount of supply hitting the market from a single corporate seller.
Several things are worth watching next. The first is how many shareholders will tender at $3, and whether the offer gets close to its 95% target. The second is whether SkyAI makes the governance changes Bastion is seeking, and whether Bastion then participates.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Solana’s developers have scheduled the Alpenglow consensus upgrade for Oct. 21, targeting roughly 150-millisecond finality while asking validators and application operators to prepare for changes during the mainnet handoff.
Summary
Solana’s Alpenglow upgrade is scheduled for Oct. 21, targeting roughly 150-millisecond transaction finality. Quicknode warns of a brief transaction pause and possible data-stream interruptions during the handoff. Validators must use compatible software and fund vote accounts for the 0.8 SOL admission fee. Some RPC nodes may receive finality information later than validators participating directly in consensus. Quicknode’s maintenance notice identifies Wednesday as the planned activation day, but its latest update warns that the original 14:50 UTC estimate could move forward to 13:20 UTC as block production advances. The provider asks operators to be ready from 13:00 UTC, with the consensus handoff following activation by roughly 20 minutes.
Solana Foundation’s current upgrade page puts the change in epoch 1064 and lists mainnet as not yet activated. Its updated estimate places the epoch’s start near 13:20 UTC, making the epoch boundary the relevant trigger instead of a fixed wall-clock appointment.
Solana Alpenglow targets finality, not faster execution Under Anza’s design, Votor replaces TowerBFT’s voting and finality logic. The target is roughly 150 milliseconds under normal network conditions, not a guarantee that every wallet, exchange or trading application will display a completed transaction within that period.
The Foundation says transaction execution, program behavior and fee mechanics remain unchanged. Ordinary users do not need to alter how they sign or approve transactions, while the separate Rotor data-distribution upgrade is reserved for a later release. Its documentation separates the consensus rollout from earlier reductions in slot duration, which govern how frequently the network produces blocks.
Quicknode’s technical overview describes two voting paths operating simultaneously. One can finalize a block in a single round when 80% of validators participate, while the other uses a second round when participation reaches 60%.
The provider distinguishes that process from the early confirmations users already see. Its overview says applications commonly display confirmations within two to three seconds under optimistic settings, before the old system reaches full finality at around 13 seconds.
The October deployment follows an earlier roadmap that linked Alpenglow to Agave 4.3. An August 14 report documented that Alpenglow code was present in Agave 4.2 for testing, without authorizing mainnet activation in that release.
By September 26, the upgrade had reached devnet after testnet’s transition the previous day, as previously covered by crypto.news. Application teams could then check the new consensus behavior before deploying against the network handling users’ funds.
Traders face a short interruption during the handoff Quicknode warns that new transactions will briefly stop entering blocks while the network changes consensus systems. Its notice describes a pause lasting a few seconds, with a longer interruption possible if the transition takes more time.
Transaction submissions may temporarily return a “node unhealthy” preflight error, the provider says. Yellowstone data streams may disconnect once, while subscriptions using the earliest processed commitment can display slots that never reach confirmation.
The maintenance notice recommends confirmed or finalized commitment for data that must not be reverted. Quicknode says its existing Solana endpoints will remain in place and that its team will monitor the network throughout the change.
In the provider’s technical overview, faster irreversible settlement is relevant to financial applications, corporate treasury transfers and real-time services. The document presents those uses as capabilities of the proposed consensus architecture, without establishing that individual trading platforms will adopt new settlement policies on activation day.
Validator readiness includes software and account funding Solana Foundation’s current checklist instructs validators to run version 4.3.2 of Agave, Jito-Solana or Harmonic Salsa before epoch 1064. Firedancer and Frankendancer are not supported during the migration, according to the same guidance.
Operators must keep at least 0.8 SOL above the rent-exempt minimum in their vote accounts to cover the Validator Admission Ticket. The first charge pays for participation in epoch 1065, and an unpaid fee prevents a validator from voting or producing blocks in that next epoch.
Governance approval predates those operational requirements. The proposal passed in September 2025 with 98.27% of votes supporting it, according to coverage of the completed ballot. Participation represented 52% of stake, so the approval percentage describes votes cast rather than the entire validator population.
That earlier vote approved SIMD-0326, the proposal behind the consensus overhaul. The contemporary report recorded 1.05% against and 0.69% abstaining, with the small rounding difference preserved in the published figures.
RPC delivery can lag behind the 150ms target Anza’s operator documentation explains that consensus messages normally circulate among admitted validators. An unstaked node using the default delivery path learns finality from certificates carried in later blocks, typically adding up to one produced-block interval.
Skipped or delayed blocks can lengthen that wait. A node partnered with an admitted validator can receive messages directly, although network latency between the two remains part of the delivery time.
The September devnet coverage documented separate changes for indexers and explorers. Candidate blocks must remain separate until confirmation, and validator participation data moves away from ordinary vote transactions toward certificates attached to block data.
According to that report, removing vote transactions changes dashboard totals even when the number of user payments and trades stays constant. Services counting both categories must reset their comparisons, while systems tracking validator votes need to read the replacement certificate data.
SkyAI, formerly Sharps Technology, has recently undergone a radical strategic shift. The company has liquidated all its Solana (SOL) reserves to fund its stock and warrant repurchase program, dropping from being the fifth-largest Solana treasury holder to zero SOL holdings. According to a Monday statement, as of October 16, SkyAI held roughly $223.8 million in cash and has "completed the sale of all SOL".
Under the repurchase plan, SkyAI proposed to buy back 95% of its outstanding shares at $3 per share or per warrant. If fully subscribed, the company would retain approximately $22.5 million before related expenses. Additionally, since it no longer holds SOL, SkyAI has scrapped the original repurchase condition requiring SOL’s price to stay above $100.
The liquidation was swift and abrupt: as recently as September 14, SkyAI reaffirmed its Solana treasury strategy, claiming to hold over 2 million SOL. But an October 11 repurchase announcement disclosed it had sold ~1 million SOL, and subsequent SEC filings showed its remaining balance was only around 600,000 SOL. This rapid sell-off has drawn strong pushback from Bastion Trading, a major shareholder holding nearly 10% of SkyAI’s shares. Bastion has called for an independent review and explicitly said it will not participate in the repurchase under current terms, demanding the repurchase price be raised to $3.5 per share, restrictions on insiders, and exclusion of strategic advisors’ warrants from the repurchase.
Despite liquidating its crypto assets, SkyAI still describes its business as "building a financial platform combining Solana-based stablecoin tracks with AI". However, Monday’s announcement did not clarify if the company plans to rebuild its SOL treasury, nor provide updates on the platform. SkyAI only stated it intends to maintain its Nasdaq listing status after the repurchase is completed. As of the latest trading day, SkyAI (SKYA) shares rose 4.5% to $2.77, with a year-to-date gain of 35%.
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I appreciate you sharing this Lookonchain weekly report, but I need clarification on what you'd like me to do.
You mentioned at the start that I should write headlines for Lookonchain tweets (max 120 characters, keeping tickers/amounts/names, no quotes/hashtags/periods).
However, what you've pasted appears to be the beginning of a weekly report summary, not a tweet. Could you provide:
1. The specific tweet
Oct 12–Oct 18, 2026 #LookonchainWeeklyReport
?? Overview
Stablecoin supply fell by $1.65B last week, DEX spot volume rebounded and perp volume edged up, while public companies added 7,721 BTC.
?? Stablecoin Market
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?? Spot &
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Bitcoin recovered above $83,000 on Monday, October 19, as technology futures snapped a weeklong decline. The rebound eased fears of a repeat of the October 19, 1987, stock market crash, although persistent fund outflows and macroeconomic concerns continued to weigh on sentiment.
Bitcoin climbed from an overnight low near $80,700 to briefly exceed $83,000 before currently trading around $82,000.
The recovery followed last week’s higher-than-expected U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) readings. Bitcoin fell from above $84,000 to just below $80,000 last week as investors reassessed inflation and interest-rate risks.
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Fidelity has run a full checkup on Solana. The verdict: the patient looks healthy, though the doctor has a few follow-up questions.
In a report published October 16, 2026, Fidelity’s Center for Applied Technology (FCAT) concluded that Solana’s broader trajectory remains positive. It credits growing software diversity, infrastructure investment and rising adoption. When a firm managing approximately $7.8 trillion in assets writes a network health report, institutional desks tend to read it.
What Fidelity found The report is titled “The State of Solana: Network Health and Resilience.” It reviews how the network has developed over the past two years.
FCAT analysts Mia Galvin and Kevin Kelly organized their assessment around three pillars. These are network resilience, economic security, and performance usability.
The headline resilience stat is simple. Solana has not had a single mainnet outage across the two-year period the report covers.
Validators have also been showing up for work. The report puts average validator vote success at approximately 99.7% in 2026.
FCAT also pointed to performance gains, including expanded capacity and shorter slot times.
The adoption numbers The value of tokenized real-world assets on Solana climbed from roughly $1 billion to about $4.4 billion within a year.
Stablecoins tell a similar story. Solana carried a stablecoin supply of $16 billion that processed over $2 trillion in volume in Q1 2026.
As of October 2026, approximately 8% of SOL sits with ETFs and digital asset treasuries. Roughly one in every twelve SOL tokens now belongs to a regulated fund or a corporate treasury.
Fidelity has supported SOL trading and custody across various platforms since October 2025.
The fine print: concentration and client risk The biggest concern is validator stake concentration. As of Q3 2026, between 18 and 20 validators controlled more than one-third of active stake.
Geography compounds the issue. The report found that 40% of stake was located in Frankfurt and Amsterdam as of Q3 2026.
FCAT also flagged limited client software diversity. That risk gets sharper as Solana prepares for future upgrades, including the anticipated Alpenglow.
There is a tension here worth noting. The report cites increased software diversity as a positive driver while also calling current client diversity limited. Both can be true: progress is happening, but the job is not finished.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Germany’s Sparkassen savings bank network launched cryptocurrency trading on Monday, allowing customers to buy Bitcoin, Ethereum, XRP, Solana, and Polygon. The service is being rolled out through DekaBank and will be launched slowly in the participating savings banks, albeit with restrictions on transfers to personal wallets.
Sparkassen Launches Five Cryptocurrencies Through Banking App Under certain conditions, the Sparkassen customers of DekaBank can trade five cryptocurrencies directly via the existing banking application. The offering is named “Krypto – powered by Deka,” and it enables trading in BTC, ETH, XRP, SOL, and POL.
The service can be used in the investment part of the Sparkasse app without the need for a separate securities account. Each transaction costs €0.99, although additional costs arise from the difference between buying and selling prices.
The launch comes after a series of initiatives by German banks to bring on-board cryptocurrency trading to existing customer accounts. DekaBank has created the Sparkassen service, and DZ Bank has backed up a separate rollout amongst Germany’s cooperative banks.
DekaBank is custodian of cryptocurrencies on its own wallet infrastructure and participates in trading arrangements with Börse Stuttgart. Users will have the ability to see their cryptocurrency assets in addition to various other monetary products and services in the current application.
DekaBank Restricts Crypto Withdrawals to Approved Providers While it is possible to buy cryptocurrencies at Sparkassen, they cannot be transferred directly to private hardware wallets. DekaBank maintains the private keys, and only specific cryptocurrency service providers are allowed to make transfers.
The agreement involves customers having to trust that DekaBank will keep their digital assets safe and handle their permitted withdrawals. However, the restrictions do not prevent users from selling their cryptocurrencies through the banking application.
The service is aimed at adult customers who make it on their own, and Sparkassen will not give investment advice on cryptocurrencies. DekaBank also cautions investors that the value of digital assets could be volatile with a potential loss of investment.
The custody is part of a broader trend across German financial institutions, including Deutsche Bank’s cryptocurrency custody plans. These services are regulated under EU laws, such as the Markets in Crypto-Assets Regulation.
Sparkassen Plans Wider Crypto Trading Rollout Into 2027 More than 230 Sparkassen institutions have expressed interest in introducing cryptocurrency trading, according to German banking representatives. Each savings bank, however, will determine on its own if and when it will provide the service.
Around 30 to 40 institutions can join monthly, said Joachim Schmalzl, an executive board member of the German Savings Banks Association. The group is targeting the first half of 2027 for the largest number of interested banks to be connected.
The first phase is limited to the participating institutions and not nationwide through Germany’s savings banking network. Before opening a cryptocurrency account, customers should therefore inquire whether their local Sparkasse has switched on the service.
The expansion comes after the banking group’s earlier stance on digital assets. Sparkassen had previously been against the retail trading of cryptocurrencies due to concerns about price volatility and losses by investors.
The group is still pushing traditional securities and savings products as a way to build up long-term wealth, even with the introduction of cryptocurrency trading.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Today, the Solana network recorded a historic high: the number of addresses holding tokenized stocks soared to 1.4 million, according to Blockworks data. Fresh on-chain statistics, however, have revealed a deep structural split in the market. While retail investors, amid this unprecedented boom, are aggressively buying up Apple and Tesla shares, large players are in no hurry to take risks and are parking billions in stablecoins and U.S. Treasuries.
1.4 million addresses now hold stocks on Solana https://t.co/0WF8QZfsjz
— Solana (@solana) October 19, 2026 Back in June, the number of stockholders on Solana barely exceeded 500,000, but a powerful influx of users in recent weeks has made the blockchain the absolute leader in the RWA category. The reason for the boom is simple: round-the-clock access. Traditional Wall Street closes on Friday evening, but on the blockchain trading goes on nonstop: up to 65% of tokenized stock trading volume is now conducted outside the standard working hours of U.S. exchanges.
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People are massively using digital versions of Nvidia (NVDAx), Apple, and Tesla shares, as well as stakes in SpaceX, as collateral in DeFi protocols, forcing classic securities to play by the aggressive rules of the crypto market.
A million people are there. But where are the billions?Despite the impressive figure of 1.4 million wallets, the real financial weight of this retail segment is still modest. Capital within Solana is distributed unevenly:
Stablecoins: the network's main safe, holding $14.6 billion.
U.S. Treasuries: a reliable instrument worth $1.5 billion.
Tokenized stocks: a modest $485.2 million.
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While retail provides the blockchain with loud headlines, big capital is bypassing the stock market. Large players use the network exclusively as cheap transport for conservative instruments from Ondo and Securitize. In the global ranking of tokenized stock platforms (the entire market is valued at $3.42 billion), the bStocks platform ($1.2 billion, BNB Chain) leads, while the xStocks project, two-thirds of whose liquidity is tied to Solana, takes third place with a volume of $582 million.
At the same time, Solana's main challenge now lies in the operational plane. Serving 1.4 million active addresses is demanding: the real stress test for the infrastructure will be the first mass processing of corporate actions (dividend payments, splits, and shareholder votes), which require hundreds of thousands of simultaneous transactions.
Issuers are trying to solve the problem with the new regulated Token-2022 standard, but only the first large payouts will show the real resilience of this solution.
While the RWA sector celebrates its victory, the network's native token has ignored this triumph: the price of SOL remains squeezed in a $100–$107 corridor due to capital outflows from spot ETFs. It seems that while the ecosystem is building the rails of the finance of the future, exchange speculators simply haven't noticed.
The Solana blockchain has surpassed a significant milestone, recording 1.4 million addresses holding tokenized stocks, according to data from Blockworks. This surge establishes Solana as the leading blockchain for real-world assets (RWA), particularly in tokenized equities, outpacing previous figures which stood just above 500,000 stockholders in June.
Retail adoption drives tokenized stock boomRecent on-chain analysis highlights a dramatic influx of retail users, many of whom have rushed to purchase digital versions of popular stocks like Apple and Tesla. Investors are drawn by Solana’s around-the-clock trading, which provides access to markets even when traditional exchanges are closed for the weekend. Up to 65% of the tokenized stock trading volume now occurs outside regular U.S. stock market hours, marking a clear shift in investor behavior.
Round-the-clock trading on Solana has attracted retail investors in record numbers, enabling access to stocks like Apple and Tesla regardless of Wall Street’s operating hours.
In addition to stocks from major tech firms, digital stakes in companies such as SpaceX are increasingly being used as collateral within various decentralized finance (DeFi) protocols. This trend is aligning traditional assets with the dynamic strategies typical of the cryptocurrency market.
Mini dictionary: RWA (Real-World Assets) refers to the tokenization of physical or traditional financial assets, such as stocks or bonds, on a blockchain, allowing these to be traded digitally and integrated into DeFi platforms.
Institutional capital focuses on stability over stocksDespite the rapid growth in individual wallet numbers, the overall value of tokenized stocks on Solana remains relatively limited. Capital distribution on the network is heavily weighted toward more conservative assets:
Asset TypeValue HeldStablecoins$14.6 billionU.S. Treasuries$1.5 billionTokenized Stocks$485.2 millionWhile retail investors are driving much of the platform’s visibility, large capital holders have shown caution. They primarily use Solana as a cost-efficient network to transfer stablecoins and tokenized U.S. Treasuries, particularly through projects like Ondo and Securitize—both acting as intermediaries for institutional digital assets.
Among global platforms specializing in tokenized stocks, bStocks on BNB Chain holds the top position with $1.2 billion in assets. xStocks, of which two-thirds of the liquidity resides in Solana, ranks third globally with $582 million in value, illustrating Solana’s prominent but not dominant role in the sector.
Mini dictionary: Ondo and Securitize are platforms that facilitate the tokenization of traditional financial assets, like U.S. Treasuries, enabling institutions to access and issue these assets on blockchains such as Solana.
Network faces scalability test as adoption acceleratesThe rapid increase in participants poses a technical challenge for Solana. Supporting 1.4 million active addresses requires substantial infrastructure, and the network is set to undergo its first major operational test when large-scale corporate actions—such as dividend distributions, stock splits, and shareholder voting—are processed in bulk. These actions will demand the simultaneous execution of hundreds of thousands of transactions.
To address this, issuers have begun implementing the regulated Token-2022 standard, but the true effectiveness of this upgrade will become evident only after the first mass payouts under the new system.
Issuers believe the Token-2022 standard will improve transaction handling capacity, though its resilience will be tested with the first large-scale corporate actions.
SOL price remains subdued amid ecosystem advancesDespite rapid adoption in real-world asset tokenization, Solana’s native token, SOL, has shown little price movement. SOL continues to trade within a range of $100 to $107, pressured by ongoing capital outflows from spot ETFs. While infrastructure for next-generation finance expands on the blockchain, activity in the spot market remains largely unaffected by these advancements.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
SkyAI has sold its entire Solana treasury and launched a cash tender offer worth up to $201.3 million, offering shareholders $3 per share despite a major investor’s demand for a higher price.
Summary
$223.8 million in reported cash will fund an offer worth up to $201.3 million. 95% of each eligible share and warrant class is covered by the tender offer. $3 per share remains below Bastion Trading’s requested price of at least $3.50. Oct. 29 is the stated expiration date, unless the company changes the offer. SkyAI’s Oct. 19 announcement says the Nasdaq-listed company held $223.8 million in cash as of Oct. 16, when the offer began, and no longer owned any SOL.
SkyAI’s Solana sales remove the $100 price condition In its latest announcement, SkyAI said the offer no longer depends on SOL’s price because it has completed its token sales. The company had initially planned a condition requiring Solana to stay above $100 during the offer period.
According to the announcement, existing cash will cover accepted securities and transaction expenses, without borrowing or a financing condition. Full participation up to the stated limits would require approximately $201.3 million.
Subtracting that maximum purchase amount from reported cash leaves roughly $22.5 million before transaction fees, expenses, and other changes in cash. The proposed purchases would consume approximately 90% of the disclosed balance, based on those rounded figures.
SkyAI’s Oct. 14 SEC-filed update provides more detail on the preceding sales. At that point, the company reported $204.6 million in cash and approximately 210,000 locked SOL, while saying it intended to sell the remaining tokens.
The update said recent disposals included both liquid and locked SOL, sold at an average of $107.51 per token after fees through BitGo, Anchorage and Coinbase. SkyAI named the service providers involved but did not identify the ultimate buyers in that update.
Comparing the two disclosed cash snapshots shows a $19.2 million difference between Oct. 14 and Oct. 16. That calculation alone does not establish the proceeds received for the final 210,000 SOL, because it does not account for any other cash movements during the period.
Bastion has sought $3.50 and an independent review Bastion Trading, which said it and its affiliates beneficially owned approximately 9.99% of SkyAI’s outstanding common stock, challenged the proposed transaction in an Oct. 14 statement.
The investor requested a price of at least $3.50 per share or eligible warrant, independent oversight of the tender process, and a public review of the SOL disposals. Its requested price is 16.7% above the $3 share offer.
Bastion called the sales a “fundamental departure” from the previously disclosed treasury strategy. It sought transaction dates, quantities, realized prices, costs, and details of board approval, and said it would not participate unless its concerns were satisfactorily addressed.
The statement requested that strategic advisor warrants be excluded and that insiders refrain from tendering. Bastion’s fairness objections remain the investor’s position, not findings by a regulator or court.
The Block reported on Oct. 14 that all five incumbent directors had received more withhold votes than votes in favor at the September shareholder meeting, but retained their seats because investors had no option to vote to remove them.
Its report described a roughly 400,000 SOL difference between the balance in SkyAI’s initial buyback announcement and the lower balance in a subsequent filing. Bastion sought an explanation for that change.
September filings described a staking-funded treasury strategy SkyAI’s Sept. 14 proxy materials said it held more than 2 million SOL as its primary treasury reserve asset, with nearly all the tokens staked through institutional validators.
At the time, management said revenue from the strategy was intended to fund treasury operations, corporate expenses, and research and development. The filing reported more than $12 million in staking revenue, net of validator commissions, from the strategy’s August 2025 launch through June 30, 2026.
The September statement followed an independent committee’s rejection of an unsolicited, nonbinding all-stock acquisition proposal from Forward Industries. SkyAI said its committee and board believed the proposal was not in shareholders’ best interests.
Earlier crypto.news coverage described SkyAI’s initial plan to repurchase shares and warrants after disclosing the sale of roughly 1 million SOL. The Oct. 12 report distinguished company-confirmed disposals from exchange transfers identified by blockchain analysts, which did not independently establish completed sales.
Forward Industries reported in July that it had bought over 500,000 SOL during its fiscal third quarter, taking its holdings to 7.55 million SOL as of June 30. The company put its average acquisition price for those purchases near $79 per token.
In September, Forward said it completed a stock offering that raised $25 million in gross proceeds, with the financing intended to expand its Solana treasury. The transaction involved 3,125,000 common shares sold to an institutional investor.
SEC documents set separate limits for shares and warrants SkyAI’s Schedule TO covers up to 48,311,489 common shares, 4,880,734 cash pre-funded warrants, 9,939,850 cryptocurrency pre-funded warrants and 3,955,293 strategic warrants.
The filing sets a $3 share price and deducts the $0.0001 exercise price for eligible warrants, giving a payment of $2.9999 per warrant before applicable withholding taxes. Together, the listed limits cover 67,087,366 securities.
The Offer to Purchase says the SOL liquidation finished Oct. 15 and describes the company’s focus on an AI finance platform. It warns that brokers may impose earlier participation deadlines than the formal expiration time, set at one minute after 11:59 p.m. New York City time on Oct. 29.
According to the offer document, the board has authorized the transaction but makes no recommendation on whether holders should tender. Participation is voluntary, and eligible holders may withdraw tendered securities before the offer expires.
SkyAI (SKYA), a technology firm listed on Nasdaq and formerly known as Sharps Technology, has fully exited its Solana (SOL) holdings, converting its position into roughly $223.8 million in cash. This completed sale represents a sharp shift from the company’s previous cryptocurrency-focused treasury strategy, which had included over two million SOL—making it one of the largest corporate SOL holders among public companies in September.
SkyAI Sells 2 Million SOL as $201 Million Buyback BeginsBy early October, SkyAI began unwinding its Solana position. On October 11, filings indicated it sold around one million SOL. Additional disclosures revealed its SOL reserves had dropped to about 600,000, then to 210,000 by October 14. As of October 16, the company confirmed it held no Solana, with the sales wrapped up by October 15 according to tender documents filed with the US Securities and Exchange Commission (SEC).
Previously, SkyAI had used institutional custodians and a Coinbase validator to manage its treasury. The company disclosed an average realized selling price of $107.51 per SOL, net of fees, for transactions completed prior to October 14. However, it clarified that this average does not represent the price achieved across the entire liquidation process.
The company’s pivot stands in stark contrast to other public digital asset strategies, as several crypto-related firms continue to increase their crypto reserves amid market volatility.
SkyAI’s complete sale of its SOL positions marks a rare move among publicly traded companies, as many peers continued to embrace digital assets despite price fluctuations.
Mini dictionary: Solana (SOL), a high-performance blockchain platform known for its rapid transaction speeds and low fees, has been a popular reserve asset for some tech-focused public companies, though it also carries high volatility risk.
After its full exit from Solana, SkyAI announced a major cash tender offer to repurchase up to $201.3 million of its own shares and warrants at $3 per security. The buyback, which can cover up to 95% of each eligible class, is set to run until October 29 unless adjusted.
The company plans to finance this buyback entirely from its existing cash on hand, without additional debt. If fully executed, the buyback would leave SkyAI with a cash balance of about $22.5 million before accounting for transaction costs, resulting in a sizeable reduction in capital reserves.
Previously, SkyAI had set a condition requiring SOL to remain above $100 during the tender period. With its SOL holdings now liquidated, this stipulation has been removed.
ItemBefore SelloffAfter SelloffSOL Holdings2,000,000+ SOL0Cash HoldingsLower (undisclosed)$223.8 millionShare Buyback MaximumN/A$201.3 millionThe announcement has drawn criticism from Bastion Trading, an institutional shareholder that owns nearly 10% of SkyAI’s common stock. Bastion is advocating for a higher buyback price of no less than $3.50 per share, a review of the Solana sales, and changes to SkyAI’s board structure. The group also questioned whether the corporate actions sufficiently protect shareholder interests.
Bastion Trading has challenged the terms of the buyback, arguing for greater transparency regarding the SOL liquidation and demanding improved board oversight.
What SkyAI’s Exit Means for Solana Treasury CompaniesSkyAI’s strategy shift comes as other public firms, such as Forward Industries, continue to increase their exposure to Solana despite substantial price swings. Forward Industries has previously reported unrealized losses from retaining SOL on the balance sheet, underlining the risks associated with large cryptocurrency reserves for publicly listed entities.
Differing from industry peers, SkyAI is transitioning toward an artificial intelligence-driven financial services platform, focusing on blockchain-enabled data products and digital financial solutions. The company has not indicated plans to resume investments in Solana or other cryptocurrencies as treasury assets.
This move follows a period when holding cryptocurrencies in corporate treasuries was promoted as a shareholder value proposition, despite examples such as Upexi registering significant losses tied to digital asset volatility.
Tron has emerged as the leading blockchain by network revenue, generating $23.41 million over 30 days and significantly outpacing Ethereum and Solana in the latest DeFiLlama ranking. The performance highlights Tron’s role in stablecoin transfers, particularly USDT, which drives substantial activity across its network. However, the key question for investors is whether this revenue advantage can translate into sustained demand for TRX or remain an indicator of network usage alone.
Tron Leads Major Blockchains in RevenueTron generated $23.41 million in 30-day revenue, compared with $6.34 million for Ethereum and $3.4 million for Solana in the displayed ranking. Base recorded $2.78 million, while Polygon generated $2.27 million.
The gap places Tron well ahead of these competitors on this specific metric. However, network revenue does not capture every aspect of blockchain activity, and differences in fee structures make direct comparisons more complex.
USDT Transfers Drive Tron’s Network ActivityTron’s revenue strength is closely linked to its role as a major network for Tether’s USDT stablecoin. Users frequently rely on Tron to transfer dollar-pegged tokens between exchanges and wallets, supporting consistent transaction demand.
This payment-focused activity helps explain why Tron can generate substantial revenue without relying solely on speculative trading or decentralized finance. Transactions require network resources, linking usage to Tron’s fee mechanism and TRX.
What Does This Mean for TRX?Tron’s revenue leadership strengthens its network-usage narrative, but it does not automatically signal a bullish move for TRX. The token’s price also depends on broader market sentiment, circulating supply, staking activity and whether network usage creates sustained demand.
Investors should monitor whether monthly revenue continues to rise, stablecoin activity remains strong and TRX price action confirms improving momentum. A single 30-day ranking is useful evidence of current activity, but consistent growth across multiple periods would provide a stronger signal.
Can Tron Turn Revenue Strength Into Demand?Tron’s $23.41 million in monthly revenue puts it comfortably ahead of Ethereum and Solana in the latest ranking. Its stablecoin-transfer activity offers a clear explanation for that lead, reinforcing its position in crypto payments infrastructure.
The next test is sustainability. If Tron maintains strong revenue and USDT activity, its network fundamentals could strengthen further. For TRX holders, however, the decisive factor will be whether that usage translates into durable token demand rather than simply keeping Tron at the top of the revenue leaderboard.
Story Ends Here
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While altcoins continue to be in the focus of investors, Grayscale research head Zach Pandl said that investors in the cryptocurrency market are chasing altcoins such as Zcash and Hyperliquid.
However, Pandl says the real opportunity may lie in large smart contract networks that investors are overlooking. At this point, Pandl noted that Ethereum, Solana, and BNB are not currently a common choice among investors.
Investors’ Focus is Shifting!
Zach Pandl stated that while investor interest is focused on projects like Zcash and Hyperliquid, the potential of Ethereum, Solana, and BNB is not being sufficiently assessed.
Pandl noted that these three major smart contract networks have not yet become a common preference among investors. He pointed out that investors might overlook the networks that form the core infrastructure of the crypto ecosystem while focusing on new opportunities. The expert emphasized the importance of Ethereum, Solana, and BNB, urging investors not to disregard the classics.
Pandl highlighted the importance of ETH, SOL, and BNB, while also acknowledging that Zcash has achieved a remarkable position in the financial privacy space and Hyperliquid in the perpetual futures market.
However, he noted that interest in these projects should not overshadow the long-term potential of large smart contract networks. According to Pandl’s assessment, the widespread adoption of blockchain-based financial services could bring the importance of established networks back into focus.
Finally, Pandl stated that he does not expect the Fed to make another interest rate hike this month. He said that raising rates right before the upcoming election would be somewhat bold, so he does not expect a rate hike in October, but that another hike in December is possible.
However, he noted that Bitcoin and altcoins could withstand one to three minor interest rate hikes, as a tightening like the 500 basis point increase expected in 2022 and 2023 is not anticipated.
*This is not investment advice.
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The best crypto to buy right now comes down to one number: market cap. Bitcoin has reclaimed $82,000, Ethereum is holding $2,400, and Solana is two days from the largest consensus change in its history — three dated setups where the arithmetic, not the chart, decides which one gives $1,000 the most room to run. As of 01:00 UTC on October 19, 2026, the only one of the three where a 10x is still mathematically possible is Solana, whose Alpenglow upgrade goes live at about 14:50 UTC on October 21, according to Solana’s official upgrade page.
The 10x arithmetic that rules Bitcoin out of the moonshot Bitcoin trades at $82,249, up 0.9% over 24 hours, with a market cap near $1.65 trillion and dominance still north of 60%, per CoinGecko. The size is now the whole story. A 10x from here would value Bitcoin at roughly $16.5 trillion — about six times the value of the entire crypto market today. That is arithmetic, not a forecast, and it makes Bitcoin the capital-preservation pick rather than the upside pick. The reclaim of $82,000 after a Saturday dip below $81,000 follows the same pattern our last look at a Bitcoin reclaim described: round levels hold until a macro catalyst moves them, then they give way. A return to the $126,080 all-time high is a slow grind, not a rerating.
Ethereum’s catalyst is a schedule, not a candle Ethereum trades at $2,414, up 0.3% on the day, with a market cap near $295 billion. The story is the upgrade calendar, not the price. Glamsterdam — the largest change since the Merge — bundles enshrined proposer-builder separation (EIP-7732) with Block-Level Access Lists (EIP-7928), and it is moving through its testnets: Sepolia ran first, Hoodi is next, and mainnet is targeted for the fourth quarter. A 2x from here is a $590 billion outcome, credible for the network that still settles more value than any other, but the trade carries no hard date yet. Ethereum is the middle-risk pick — bigger than Solana, smaller than Bitcoin, still waiting on its catalyst instead of counting down to one.
Why Solana’s Alpenglow is a dated event, not a rumor Solana trades at $104.23, up 0.6% on the day, with a market cap near $61 billion. The catalyst is Alpenglow, which replaces TowerBFT — the consensus mechanism Solana has run since launch — with a voting protocol called Votor. Under TowerBFT, validators post their votes as on-chain transactions and a block becomes final only after 32 slots of votes pile up, a process that takes about 12.8 seconds. Votor changes the mechanics: validators message each other directly, bundle those votes into certificates, and lock a block in one or two rounds of voting. The target is roughly 150 milliseconds to finality — about 99% faster.
Mainnet activation begins at epoch 1064, around 15:00 UTC on October 21, behind feature gate SIMD-0384. That is a hard date attached to a specific mechanism, and our full breakdown of the Alpenglow upgrade walks through what the handoff requires — validators certifying a new genesis block with at least 82% of stake — and what breaks if it misfires.
The arithmetic is where Solana separates. A 10x from a $61 billion market cap is $614 billion, roughly Ethereum’s size today. Solana is the only one of the three where that multiple is still on the table, and the only one with a dated catalyst firing this week. The risk is execution: a consensus migration of this size has never been done mid-flight on a network settling this much volume, and 150 milliseconds is a target, not a measured result. Bitcoin offers safety with the 10x math closed. Ethereum offers a credible 2x with no hard date. Solana offers the only live 10x path, gated on a handoff that has to go right in a single slot. That is the arithmetic and the calendar — the only honest way to answer “what to buy now” while the market chops sideways.
Frequently Asked Questions What is the best crypto to buy now? It depends on the goal. Bitcoin is the capital-preservation pick with the 10x arithmetic closed, Ethereum is a credible 2x play still waiting on its Glamsterdam upgrade, and Solana carries the only live 10x path via the Alpenglow consensus upgrade on October 21 — at the highest execution risk.
Why can’t Bitcoin deliver another 10x? Market-cap arithmetic. A 10x from Bitcoin’s $1.65 trillion market cap would value it near $16.5 trillion, roughly six times the entire crypto market. Larger assets need far more capital to move the same percentage.
When does Solana’s Alpenglow upgrade go live? Mainnet activation begins at epoch 1064, around 15:00 UTC on Wednesday, October 21, 2026, behind feature gate SIMD-0384. It replaces TowerBFT with Votor and targets about 150-millisecond finality, down from roughly 12.8 seconds.
Is Solana’s 150-millisecond finality guaranteed? No. 150 milliseconds is a design target, not a measured result. The migration happens in a single slot and the handoff must be certified by validators holding at least 82% of stake, so execution risk is real.
AUTHOR
Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.
Crypto-native traders are chasing Zcash and Hyperliquid. Grayscale’s head of research, Zach Pandl, says the bigger opportunity may be in the large smart contract networks those traders are overlooking. Pandl said Ethereum, Solana and BNB Chain “are not a consensus trade” among crypto natives right now. His advice to investors was “don’t sleep on the classics.”
Why Ethereum, Solana And BNB Chain Are Pandl’s Top Picks
Pandl’s case rests on where traditional finance is heading. He expects trillions of dollars in assets to move on-chain and said almost all of that activity will need a smart contract platform, including:
Tokenized real-world assetsStablecoinsTokenized bank depositsPandl said many crypto-native investors are buying privacy tokens and revenue-generating projects while ignoring the core infrastructure. He described the three networks as having “an absolute key role to play in a crypto portfolio.”
Zcash: Privacy Moves Into The Mainstream
Pandl said he still has a positive view of Zcash, which Grayscale offers investment products for. He argued that crypto has spent years exporting innovations such as stablecoins and perpetual futures to Wall Street. Financial privacy, he said, is something crypto now needs to import from traditional finance, where people expect their salaries, debts and tax payments to stay confidential.
He expects Zcash to keep gaining market share among privacy-focused currencies. He also expects privacy tools to spread to smart contract platforms, stablecoins and perpetual futures markets, and called privacy “a huge part of the next cycle.”
Hyperliquid And The Spread Of Perpetual Futures
Pandl said perpetual futures will become a standard instrument for institutional and retail traders. He pointed to Grayscale’s own Hyperliquid ETF for US investors as a sign of demand. For firms like Grayscale, he said, the open questions are regulatory: whether they can use these platforms to hedge their balance sheets or run carry trades. He credited the CFTC with making progress on those rules.
Grayscale Thinks Bitcoin’s Bottom Is In
Pandl’s broader view of the market is constructive. Grayscale’s estimate is that Bitcoin bottomed near $58,000 at the end of June. He said prices have recovered even though recent news has been mixed:
The Federal Reserve raised rates.Long-term bond yields climbed.The CLARITY Act failed to pass.He took that resilience as a sign that crypto was oversold over the summer. He said institutional clients buying Bitcoin and Ethereum ETFs still see them as long-term portfolio diversifiers.
Pandl also linked part of the summer sell-off to pressure on Stretch (STRC), the preferred product issued by Strategy. That pressure peaked around Bitcoin’s late-June low. As STRC has moved back toward its $100 target price, he said, concern about tail risks has eased.
What The Fed Means For Altcoins
Pandl does not expect another Fed rate hike this month. He said hiking just before the election would be “a bit bold,” though one more increase in December is possible. Even so, he said Bitcoin can absorb one to three small hikes, since nothing like the 500 basis points of tightening in 2022 and 2023 is expected. He blamed higher interest rates on heavy borrowing by both the government and private companies funding the AI buildout.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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A recent forecast from cryptocurrency YouTuber Crypto Rover has generated significant conversation, with bold predictions for the leading digital assets over the next 8 to 16 months.
High targets for Bitcoin, Ethereum, Solana, and XRPCrypto Rover projected that Bitcoin could reach $200,000 during this period, while Ethereum may surpass $10,000. He also expects Solana to climb to $1,000, and sees the possibility for XRP to rally to $5.
He expanded on his XRP outlook, suggesting that in a potential super bull market, XRP’s price could range between $11 and $15. He called on investors to be prepared if such a scenario unfolds.
Crypto Rover envisions a scenario where Bitcoin targets $200,000, Ethereum moves above $10,000, Solana advances to $1,000, and XRP approaches $5, with the possibility of XRP reaching as high as $11 to $15 during a strong market surge.
Currently, Bitcoin trades around $81,500, Ethereum sits near $2,430, Solana is about $104, and XRP is around $1.30. These figures illustrate the substantial growth needed to achieve his targets: Bitcoin would have to increase by 145%, Ethereum by 312%, Solana by 860%, and XRP by approximately 285% to hit $5.
XRP’s biggest potential upsideAmong the projected gains, XRP’s targets are particularly notable. Achieving $5 would mean a 285% jump from current prices. The upper end of his super bull market forecast, between $11 and $15, equates to gains of roughly 746% to 1054%.
This outlook for XRP comes as CoinDesk recently highlighted that the token remains below its 2018 peak and has not delivered returns comparable to Bitcoin or Ethereum. If Crypto Rover’s projections materialize, XRP would surpass its all-time high of $3.65, a move that some proponents expect could attract new institutional interest, especially with regulatory headwinds potentially waning and growing adoption in cross-border payment solutions.
Community reaction and need for liquidityReactions within the crypto community were mixed. Some users voiced support for these ambitious predictions, while others questioned their probability. One observer underscored the critical role of liquidity and Bitcoin confirmation before major altcoins could follow such substantial upward moves.
Doubts also surfaced regarding XRP’s specific targets. While some agreed Solana could reach $1,000, they remained unconvinced about XRP hitting $5, raising skepticism over the credibility of such forecasts. Further skepticism was expressed in light of possible macroeconomic challenges, including inflation, interest rate hikes, geopolitical tensions, and oil price volatility, which could all impact overall crypto market momentum.
Other commentators stated that a proper market-wide bull run would be essential for these levels to become realistic, suggesting that broader market conditions would ultimately dictate any potential surge in large-cap altcoins like XRP.
Given the market’s sensitivity to major macro events and rapid shifts—such as a single decision by the Federal Reserve or an unexpected altcoin listing—retail traders are increasingly moving toward privacy-focused solutions like CryptoAppsy to streamline their trading workflow. By using platforms that offer real-time charts, smart price alerts, coin-specific news, and integrated macro data on one screen and without requiring account creation, investors are able to react quickly and efficiently to emerging trends.
The next 8 to 16 months could see significant changes for crypto investors, given the volatility and unpredictability of the current market environment.
Solana has not recorded any reported outage of its mainnet for two years. In a study published on October 16, the Fidelity Center for Applied Technology estimates that the network has made significant progress in resilience, economic security, and performance. However, the assessment remains incomplete: staking, validator hosting, and their software remain concentrated among relatively few actors.
In brief Solana has not experienced any reported mainnet outages for two years. About 18 validators gather more than one third of the staked SOL. Fidelity mainly monitors the concentration of staking, hosting, and client software. Solana gradually wipes out its old outage problem For a long time, network availability was one of the main arguments used against Solana. The situation has changed. Fidelity notes two consecutive years without any reported mainnet outage. The validators’ vote success rate was about 99.7% in 2026, while the average vote latency hovered around 1.08 slots.
The network is also accelerating. Solana has already reduced its block creation time to 250 milliseconds, after several successive reductions since August. Performance accompanies a much larger financial activity. According to the Fidelity Center for Applied Technology report, the value of real-world tokenized assets using Solana rose from about 1 billion to 4.4 billion dollars in one year.
The network also processed more than 2 trillion dollars in stablecoin volume in the first quarter of 2026. Solana still has capacity. After raising the maximum block size to 100 million compute units at the end of July, Fidelity observed usage between about 30 and 45% during its study period. The blockchain thus runs faster without constantly operating at its limit.
18 validators concentrate one third of the staking This is where the report becomes much more cautious. About 18 validators are currently enough to gather more than one third of the staked SOL. In Solana’s consensus system, this threshold holds particular importance: if this amount of stake simultaneously stopped participating, block finalization could be interrupted.
This would not allow these validators to steal users’ assets or rewrite already finalized transactions. The concentration remains visible, however. Solana had already lost 68% of its validators in three years, dropping from about 2,500 operators to fewer than 1,000. Fidelity adds another nuance: several validators may belong to the same company. For example, Figment operates several significant identities. Kraken and Coinbase also have multiple validators.
Counting validators therefore does not exactly mean counting independent operators. Physical infrastructure is also concentrated. Nearly 59% of the stake would be hosted in Germany, the Netherlands, and the United States. Frankfurt and Amsterdam alone would represent about 40%. A hosting provider also concentrates about 29% of the stake, above the 25% target set in the Solana Foundation delegation program.
Fidelity also monitors validator software The third risk lies in the code. On paper, Solana now uses several client configurations. Diversification is therefore better than a few years ago. But a large part still shares the same software base. Jito variants represent about 63% of the stake in the data studied by Fidelity. Other solutions, like Harmonic, are also largely tied to the Agave code.
A bug present in this common base could thus affect several validator categories at the same time. Firedancer brings a real difference. Developed by Jump Crypto on an independent C++ base, it accounts for about 15% of the stake when its various configurations are combined.
This diversity becomes important as Solana seeks to accommodate more institutional finance. The network recently surpassed 4 billion dollars in tokenized assets, with growing flows toward Treasury bills and tokenized stocks. Fidelity therefore no longer describes Solana as a fragile network. The problem has shifted. Outages have become much rarer. The next step is mainly to prevent a handful of operators, data centers, or software from becoming common points of weakness.
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Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Solana had a stronger third quarter in 2026. Revenue, transactions, trading volume and tokenized assets all grew compared with the second quarter.
This article collects the main Solana statistics from Q3 and September 2026. The figures come from Blockworks, the Solana Foundation, Solana Compass, Castle Labs, RWA.xyz and other reports.
Each section covers one part of the network, from application revenue to price forecasts. The numbers show growth, and they also show where the risks sit.
Sources define their metrics in different ways, so totals for the same topic can differ. Where that happens, this article names the source and explains the gap.
Solana Q3 2026 at a Glance Table of Contents
Blockworks published its Q3 2026 Solana report on October 15, 2026. It showed real economic value (REV) rising 48% from the second quarter to $75.7 million. This was the first quarterly increase in REV since Q4 2024.
Application revenue also rose 48%, to $299.1 million. That is the highest quarterly total since Q3 2025.
Trading measures grew as well. Decentralized exchange (DEX) volume rose 23% to $197.2 billion. Tokenized equity trading reached a quarterly record of $7.1 billion, up 40% from Q2.
Metric Q3 2026 Change vs Q2 2026 Real economic value (REV) $75.7 million +48% Application revenue $299.1 million +48% DEX volume $197.2 billion +23% Tokenized equity trading volume $7.1 billion +40% Completed non-vote transactions 8.78 billion +23.3% Sources: Blockworks (REV, application revenue, DEX volume, tokenized equities); Solana Compass (transactions).
REV measures selected value from network activity, such as transaction fees and priority fees. Application revenue is different, because apps earn it and not the Solana protocol. The two figures should not be added together.
Figure 1: Solana growth in Q3 2026 compared with Q2 2026 across five measures. Solana Application Revenue Statistics Applications on Solana earned $299.1 million in Q3 2026. That is 48% more than in Q2. The number counts what apps earn from their users.
The growth built up month by month. Application revenue was $75.4 million in July, $106.5 million in August and $117.1 million in September. September was the strongest month since January 2026.
REV moved in the same direction. Blockworks reported $30.1 million of REV in September alone. That is about 40% of the $75.7 million earned in the whole quarter.
Application revenue is not the same as SOL token revenue. An app can earn more money without that money flowing to SOL holders. The token gains value through transaction fees and other network-level links.
Month Application revenue Change from prior month July 2026 $75.4 million Not available August 2026 $106.5 million +41.2% September 2026 $117.1 million +10.0% Source: Blockworks. Monthly changes are calculated from the reported figures.
Figure 2: Solana application revenue rose each month in Q3 2026. Which Apps Earn the Most Revenue on Solana
Revenue is spread across several apps, but one app leads by a wide margin. Pump generated $121.5 million in Q3, about 41% of all application revenue.
Collector Crypt followed with $35 million. Fomo earned $24.9 million, Pacifica earned $18 million and Axiom earned $16.2 million. Together these five apps earned $215.6 million, or about 72% of the total.
Growth was not limited to the biggest names. Fomo’s revenue quadrupled from Q2. Axiom’s revenue grew 65%.
Still, revenue sits with a small group of platforms. If one of them loses users, the total could change quickly. Analysts often watch this kind of concentration as a risk.
App Q3 2026 revenue Share of total Pump $121.5 million 40.6% Collector Crypt $35.0 million 11.7% Fomo $24.9 million 8.3% Pacifica $18.0 million 6.0% Axiom $16.2 million 5.4% All other apps $83.5 million 27.9% Source: Blockworks. Shares and the ‘All other apps’ line are calculated from the $299.1 million total.
Figure 3: Pump earned about 41% of Solana application revenue in Q3 2026. Solana Transaction Statistics Solana completed 3.18 billion non-vote transactions in September 2026, according to Solana Compass. It was the third monthly record in a row. The Q3 total was 8.78 billion, which is 23.3% above the 7.13 billion in Q2.
Non-vote means validator votes are left out. Votes are part of how the network reaches agreement. Leaving them out shows activity by users, apps and bots.
Blockworks analyst Sam Schubert counted about 3.2 billion successful non-vote transactions in September, up 7.5% from August. His Q3 total was 8.92 billion. That is 1.6% above the Solana Compass count, and both datasets show a record.
Schubert described Q3 as 18% above the prior quarterly high in his series. Solana Compass reports 23.3% because its data starts in December 2025 and it compares Q3 with Q2. The two percentages use different baselines.
Reverted transactions fell in September. A reverted transaction runs and then rolls back, often because a trader’s price limit was hit. These dropped 30%, from 2.19 billion in August to 1.52 billion in September.
As a result, the share of non-vote transactions that completed rose from 57.3% to 67.6%. Solana Compass treats completed transactions as the stricter test of work done for users. High counts can still include bots and short-term trading.
Figure 4: Completed non-vote transactions on Solana rose every month from May to September 2026. Solana DEX Volume Statistics Blockworks reported that DEX volume rose 23% in Q3 to $197.2 billion. The Solana Foundation put September DEX volume at $78.33 billion, up from $65.29 billion in August. That is a 20% rise.
Other sources give different totals. DefiLlama counted about $78 billion in September, based on the DEXs it lists. Solana Compass counted $184.1 billion of spot swaps over 1.17 billion trades, across 95 programs and more than 1.6 million markets.
The gap comes from method. Solana Compass counts every spot swap its tool sees, including circular and bot-driven trading. Bitquery classified $117.7 billion, or 58%, of Solana DEX volume from August 24 to September 22 as circular or bot-like.
Aggregators routed 27.1% of the September volume counted by Solana Compass. Readers who compare DEX figures should check which source and method sit behind each number.
Source Period Figure Blockworks Q3 2026 $197.2 billion Solana Foundation August 2026 $65.29 billion Solana Foundation September 2026 $78.33 billion DefiLlama September 2026 About $78 billion Solana Compass September 2026 $184.1 billion Bitquery (circular or bot-like) Aug 24 to Sep 22 $117.7 billion (58%) Figure 5: Solana DEX volume for September 2026 ranges from $78.3 billion to $184.1 billion, depending on the source. Solana Stablecoin Supply Statistics
The Solana Foundation’s September ecosystem report put stablecoin supply at a record $17.51 billion. Its payments review reported $17.3 billion on September 25.
Supply and transaction volume are different measures. Supply is the value of stablecoins on the network at one point in time. Volume is the value moved over a period, so supply can stay flat while volume changes a lot.
Traders use stablecoins to move between positions without converting back to cash. DeFi apps use them for lending, collateral and liquidity. Businesses use them to move dollars across borders and outside banking hours.
Payments news added to the picture in September. Column integrated stablecoins into its banking core, so businesses can convert between supported stablecoins and dollars on the same ledger used for ACH, wires and SWIFT.
Open USD also launched on Solana on September 30. Its reserves are held at BlackRock, Lead Bank and BNY.
Supply alone does not show how the money is used. Some balances sit idle or support leveraged trades. Transfer activity, active users and payment volume give a fuller view.
Figure 6: Stablecoin supply on Solana was about four times the value of its tokenized real-world assets in September 2026. Solana Tokenized Real-World Asset Statistics Castle Labs research shows Solana’s tokenized real-world asset (RWA) market grew from about $700 million to $4.3 billion in a year. That is a gain of about $3.6 billion, or 514%. The figures leave out conventional stablecoins such as USDC and USDT.
Ethereum is still much larger. Its tokenized asset base grew from $15.5 billion to $16.6 billion, a rise of 7.1%. Solana’s RWA market is now about 26% of Ethereum’s, up from about 4.5% a year earlier.
RWA.xyz data cited in an October 1 SEC filing by Forward Industries put Solana’s distributed RWA value at about $4.3 billion on September 30. That was up from more than $3.3 billion at the end of June, or roughly $1 billion in one quarter.
The Solana Foundation reported $4.6 billion across more than 3,000 assets. That is a different snapshot and may cover different assets.
Growth spans Treasuries, investment funds, equities, private credit and insurance products. OnRe’s tokenized reinsurance asset, ONyc, rose from $203.4 million on June 30 to $286.2 million on September 30.
Value changes can reflect new issuance, redemptions and price moves in the underlying assets. They are not the same as net investment inflows. Tokenized assets also depend on issuer obligations, custody and regulation.
Measure One year earlier October 2026 Change Solana tokenized RWA value $0.7 billion $4.3 billion +514% Ethereum tokenized asset value $15.5 billion $16.6 billion +7.1% Solana as a share of Ethereum About 4.5% About 26% Not applicable Source: Castle Labs, reported by FinanceFeeds.
Figure 7: Solana’s tokenized asset value grew far faster than Ethereum’s over the past year, from a much smaller base. Solana Tokenized Equities Statistics
Tokenized equities are shares of listed companies issued as tokens that can trade around the clock. Trading value on Solana reached a record $7.1 billion in Q3 2026, up 40% from Q2.
The Solana Foundation’s October 6 report said tokenized stock supply reached about $684 million in September. That was up 47% over three weeks. Trading volume for the month was about $4.4 billion.
Holder counts vary by provider. The Foundation reported one million holder wallets. Token Terminal data shared on October 1 showed more than 1.2 million wallets, a new high.
Crypto Briefing also reported more than 1.2 million holder wallets across the ecosystem, including Raydium and xStocks. The report said regulation, ETF approvals and partnerships will shape future growth.
SolanaFloor, citing Blockworks, reported that Solana carries more than 32% of daily tokenized equity trading volume across chains. BNB Chain holds 27% and Robinhood Chain holds 25%. The xStocks platform has issued 74% of Solana’s tokenized equities.
This market is young. Trading volume can rise and fall quickly with market mood, so a record quarter does not guarantee a repeat.
Metric Figure Source Q3 2026 trading value $7.1 billion (+40%) Blockworks September trading volume About $4.4 billion Solana Foundation September token supply About $684 million Solana Foundation Holder wallets 1 million to 1.2 million Foundation; Token Terminal Share of xStocks in Solana equities 74% SolanaFloor Figure 8: Solana carries more than 32% of daily tokenized equity trading volume, ahead of BNB Chain and Robinhood Chain. SOL Price and Market Value Statistics SOL traded between about $102 and $105 in mid-October 2026. The KuCoin ticker showed $104.72 on October 16. 24/7 Wall St. reported a price near $102 and a market value of about $60.2 billion on October 15.
October began near $118, peaked at about $124 and fell as low as $102. The price is still about 64% below the all-time high of $293.31, set on November 6, 2021. Solana traded near $149 in January 2026.
XRP traded at $1.31 with a market value of about $82.6 billion. That put it roughly $22 billion ahead of Solana. According to 24/7 Wall St., Solana would need to gain about 37.3% against XRP to pass it.
Recent moves against XRP have been mixed. Over 30 days, Solana gained 2.7% while XRP fell 5.6%. Over the last week, Solana fell 9.8% and XRP fell 6.3%.
Fund flows have been weak this month. SoSoValue data showed US Solana funds had withdrawals in nine of ten October sessions. Earlier, US Solana ETFs took in money for 14 straight weeks, their longest run yet.
The price also fell 5.1% to $102.19 after a September CPI reading of 3.7%, which was higher than expected. A network upgrade called Alpenglow is set for October 21 and aims for about 150 millisecond finality. A faster network does not automatically mean a higher price.
Measure Figure SOL price, October 15 to 16 About $102 to $105 SOL market value About $60.2 billion XRP market value About $82.6 billion Gap to XRP About $22 billion Gain needed against XRP About 37.3% All-time high (November 6, 2021) $293.31 Sources: KuCoin, 24/7 Wall St., CoinStats.
Figure 9: SOL fell from a peak near $124 to about $102 in October 2026 and remains far below its 2021 record. Solana Price Forecast Statistics Price forecasts are estimates, not data about what will happen. The CoinStats forecast page lists projections from banks, research firms and software models. They vary widely.
Standard Chartered, as reported by CoinDesk on February 3, 2026, targets $250 in 2026, $400 in 2027, $700 in 2028, $1,200 in 2029 and $2,000 in 2030. A Finder panel put the end of 2030 at $892. Model-based tools are lower, with CoinCodex at $341.66, DappRadar at $146.41 and Binance at $122.43 for 2030.
For the end of 2026, CoinCodex estimated $140.24 and a Finder panel averaged $182. Changelly gave a 2026 range of $100.14 to $123.59.
The gap reflects different assumptions. Bank models assume Solana wins a growing share of payments, stablecoin transfers and tokenized assets. Technical models lean more on past price behavior.
CoinStats also set out its own scenarios. For 2027 it gave a range of $100 to $400, with an average of $250. For 2030 it gave a range of $250 to $2,000, with an average of $900.
At $2,000 per SOL, Solana’s market value would be about $1.175 trillion using today’s circulating supply of 587 million SOL. CoinStats says that is about 17.8 times the market value it used in its report.
Source Forecast Date published Standard Chartered $250 (2026), $2,000 (2030) Feb 3, 2026 Finder panel $892 (end of 2030) Apr 28, 2025 VanEck $9.81 bear, $335 base, $3,211.28 bull (2030) Oct 27, 2023 Stealthex $180 (2026), $800 (2030) Aug 13, 2026 CoinCodex $140.24 (2026), $341.66 (2030) Sep 17, 2026 Changelly $100.14 to $123.59 (2026) Sep 16, 2026 DappRadar $111.16 (2026), $146.41 (2030) Aug 28, 2026 Binance $122.43 (2030) Sep 17, 2026 Source: CoinStats price prediction page. Older forecasts may no longer reflect their authors’ views.
Figure 10: Solana 2030 price forecasts range from about $122 to $2,000, depending on the source. What the Solana Numbers Show Solana’s Q3 2026 data shows growth across several areas. REV and application revenue both rose 48%, transactions set records and stablecoin supply reached $17.51 billion.
Tokenized assets grew from $0.7 billion to $4.3 billion in a year. Tokenized equity trading hit $7.1 billion in the quarter.
The same data shows limits. One app earned about 41% of application revenue, and application revenue does not flow directly to SOL holders. Transaction and volume counts also depend on how each source measures them.
The price tells a different story from the network data. SOL is down from its 2021 high and US Solana funds saw outflows for most of October.
Reports also separate three ideas that are easy to mix up. Application revenue shows what apps earn, protocol revenue shows what the network collects, and token demand shows what buyers pay for SOL. Each can move on its own.
Key items to watch include the October 21 Alpenglow upgrade, revenue spread across more apps, the staying power of stablecoin supply and fund flows. Broader market conditions will matter too.
This article is for information only and is not financial, legal or investment advice.
Sources Solana Q3 2026 Report: Revenue Jumps 48% as Stablecoin Supply Reaches $16.8B (KuCoin) Solana Logs Record 3.18B Completed Transactions in September 2026, Capping a Record Q3 (Solana Compass) Solana’s Tokenized Real-World Asset Market Surges From $700 Million to $4.3 Billion in One Year (FinanceFeeds) Solana Hits Record $7.1B in Tokenized Equities Volume in Q3 2026 (Crypto Briefing) Solana Is 37% Away From Passing XRP. Could It Happen by the End of 2026? (24/7 Wall St.) Solana (SOL) Price Prediction 2026-2030 (CoinStats)
