Solana (SOL) — Onchain News & Whale Tracking

The SEC Delays Decision on the VANECK SPOT SOLANA ETF Review

On May 20th, the U.S. Securities and Exchange Commission (SEC) postponed its review decision regarding the VANECK SPOT SOLANA ETF.

Yala announces the integration of Solana, becoming one of the first BTCfi projects to receive support from the Solana Foundation.

On May 19th, in Yala, the Bitcoin-native liquidity layer, it was officially announced that its core asset YU has been launched on the Solana mainnet. This marks a significant milestone in its Bitcoin cross-chain liquidity strategy. After the mainnet launch on May 16th, Yala is accelerating the layout of its ecosystem for the "Bitcoin ultimate liquidity layer". Through this integration, BTC holders can use BTC as collateral to mint YU and directly participate in Solana's high-performance DeFi ecosystem. They can engage in low-cost, composable on-chain yield opportunities while maintaining long-term exposure to Bitcoin. Yala is one of the first BTCfi projects to receive strategic funding and liquidity support from the Solana Foundation. This round of funding includes a $1 million USDC liquidity injection, which will be used to incentivize early users, promote the integration of native DeFi protocols, and further enhance the adoption and liquidity depth of YU on Solana. The official st

USDC Treasury Mints 250 Million USDC on the Solana Network

On May 19th, as monitored by Whale Alert, at 19:39:59 today, the USDC Treasury minted an additional 250 million USDC on the Solana network.

Public Blockchain Activity Last 7 Days Ranking: Solana Holds the Top Position

On May 19th, according to Nansen data, the top five public chains in terms of active addresses within the past 7 days are as follows: Solana (30.609M), Ethereum (9.413M), BNB Chain (7.701M), Tron (6.158M), and Algorand (3.731M).

A whale today spent over $5 million to establish a position in a basket of Solana ecosystem Meme coins

On May 19th, as monitored by Onchain Lens, 6 hours ago, a whale carried out the following transactions: It spent $1.5 million to acquire 1.14 million FARTCOIN; It spent $1.49 million to obtain 1.48 million WIF; It spent $682,000 to purchase 33.8 billion BONK; It spent $681,000 to get 200.01 million MEW; It spent $680,000 to acquire 1.45 million POPCAT.

Arbitrum, Ethereum, and Solana Rank Top 3 in Cross-Chain Bridge Net Inflow Over the Past 7 Days

On May 19th, based on data from DefiLlama, the net inflow of funds through the Arbitrum cross-chain bridge in the past 7 days reached $496 million, ranking first among all public chains. Ethereum and OP came next, with net inflows of $56.79 million and $50.80 million respectively. For Bera, Sei, and Unichain, there were net outflows of $201 million, $31.29 million, and $28.35 million respectively.

Solana co-founder Toly has retweeted the RWA project Collaterize, whose market cap has surpassed $56 million, reaching an all-time high.

On May 19th, according to the GMGN market data, the market capitalization of Solana's RWA project Collaterize's token COLLAT has exceeded 56 million US dollars. It is currently reporting 56.16 million US dollars, with a nearly 24-hour increase of 131.3%, and the coin price has reached an all-time high. According to the information on its official website, Collaterize aims to build an Internet capital market based on the Solana network. Solana co-founder Toly retweeted the project's tweet on the 18th, which triggered the surge of the project token.

In the past 24 hours, the top three on-chain net inflows on Solana were: LION, CANDLE, and THERANOS

On May 19th, according to @ec_unoxx Dune Data Dashboard, the net inflows of Solana on-chain funds in the past 24 hours are as follows: The net inflow of LION is $458,000; The net inflow of CANDLE is $222,000; The net inflow of THERANOS is $156,000.

Solana-based Meme Coin MOONPIG Surpasses $40 Million in Market Cap

In the past 24 hours, the on-chain DEX trading volume on BSC has surpassed that of Solana and Ethereum combined, ranking first

On May 18th, according to data from DeFiLlama, in the past 24 hours, the trading volume of DEXs based on BSC has exceeded $44.13 billion. This has surpassed the combined trading volume of Solana ($27.69 billion) and Ethereum ($13.92 billion), and ranked first.

CUDIS: Users must register their Solana wallet by May 25th to receive the airdrop

On May 18th, the DePIN project CUDIS within the Solana ecosystem announced that the TGE was approaching. Users were required to register their Solana wallet on the official website before May 25th; otherwise, it might have an impact on their airdrop reception.
Earlier reports suggested that CUDIS planned to carry out the TGE in June.

Solana's On-chain Meme Token KNET saw its market capitalization surge past $25 million this morning before retracing, now trading at $13 million.

On May 18th, according to GMGN data, the Solana-based Meme token KNET saw its market capitalization break through $25 million this morning. Currently, it stands at $13 million, with a 24-hour trading volume of $22.4 million. It is reported that KNET is a concept token within the Believe ecosystem AI. BlockBeats reminds users that Meme coins often lack practical use cases and experience significant price volatility, and that investment should be made with caution.

MetaMask will launch native support for Solana in May.

On May 18th, according to the report in The Defiant, the co-founder and CEO of MetaMask confirmed that native support for Solana will be launched in May 2025. This will enable users to directly access Solana on-chain assets and interact with Solana dApps through MetaMask. This expansion will be the first time that the MetaMask wallet has extended beyond EVM-compatible chains.

Alchemy Acquires Solana Infrastructure Provider DexterLab

On May 17th, as per The Block, Alchemy has obtained DexterLab, a Solana infrastructure provider. This acquisition is set to assist Alchemy in expanding its enterprise Solana services. The details of the transaction have not been made public. It is reported that DexterLab offers hosted web3 services to companies aiming to monitor the Solana ecosystem. It furnishes raw data APIs, real-time data feeds, and other services for the Solana mainnet as well as the broader SVM Rollup and sidechain ecosystem.

DeFi Development is pleased to announce that we will be collaborating with the BONK community to manage a Solana validator node.

On May 17th, as per CoinDesk, the stock price of Nasdaq-listed company DeFi Development Corp. witnessed a 30% surge on Friday and reached a new high. Previously, the company announced a partnership with the Solana ecosystem Meme coin BONK and purchased a new batch of Solana (SOL) tokens. DeFi Development declared that it would jointly operate a Solana validator node with BONK, marking the first instance where a Meme coin community shared Solana staking infrastructure with a publicly listed company. The partnership will also encompass integrating BONK's proprietary liquidity staking token, BONKSOL. Both parties will collectively augment the staking share of the validator node and share the rewards.

Chainlink Labs has launched an entrepreneurship support program called "Build on Solana," and applications are now open.

On May 17th, as per official channels, Chainlink Labs declared the initiation of a startup support program named "Build on Solana", which is intended to assist outstanding teams in building, launching, and expanding within the Solana ecosystem. The application process is now open. Selected teams will become part of Chainlink Build and receive practical guidance from Chainlink and the Solana Foundation, along with ecosystem incentives and marketing resources.

Solana Virtual Machine SOON Foundation X Account first post, hinting at upcoming TGE.

On May 16th, as per official channels, Solana Virtual Machine (SVM) Rollup SOON declared that the SOON Foundation has been officially set up to propel the development of the SOON ecosystem based on the Solana Virtual Machine (SVM) and realize the "Super Adoption Stack (SAS)" vision. The foundation centers around ecosystem acceleration, transparent governance, security management, and strategic partnerships. It is scheduled to hold global hackathons, launch an enterprise-level toolkit, and cooperate with multiple universities on research.

Data: Solana Network's revenue reached $7.9 million on the 13th, surpassing the sum of all other L1 and L2 blockchains

On May 16th, as reported by Cryptopolitan, Solana reached a record daily revenue of $7.9 million on May 13th, outperforming the combined total of all first-layer and second-layer blockchains. The data indicates that Solana's revenue on that particular day was three times that of Ethereum, eleven times that of Bitcoin, and thirty-five times that of Base.

In the last 24 hours, the top three on-chain net inflows on Solana were: Fartcoin, POPCAT, and STARTUP

On May 16th, according to @ec_unoxx's Dune Data Dashboard, the on-chain fund net inflow rankings of Solana over the past 24 hours are as follows: The net inflow of Fartcoin is $2.35 million; The net inflow of POPCAT is $429.6 thousand; The net inflow of STARTUP is $318.4 thousand; The net inflow of jellyjelly is $284.5 thousand; The net inflow of MNDE is $189.9 thousand.

Solana ecosystem ticketing platform XP raises $6.2 million in funding, led by Blockchange

On May 16th, according to BlockWorks, the ticketing platform XP within the Solana ecosystem has successfully completed a seed round of financing amounting to $6.2 million. This round was led by Blockchange, with the participation of L1D and Reflexive. It is reported that XP is a Solana-based ticketing platform that mainly focuses on ticket discount sales. However, it hints at having more ambitious plans for fan experience in the future.

Solana Welcomes New Meme Coin STARTUP with Market Cap Briefly Surpassing $30 Million, Marking a 1150% Price Surge in 24 Hours

On May 15th, according to GMGN market data, a new Meme coin on Solana called STARTUP witnessed its market capitalization briefly exceed $30 million. Currently, it is at $23.76 million, with a 24-hour price increase of 1150% and a 24-hour trading volume of $41.4 million. BlockBeats Note: Meme coins are highly volatile and rely heavily on market sentiment and hype, without actual value or use case. Investors should be cautious of the risks involved.

In the past 24 hours, Solana Network DEX Trading Volume Surpasses $4.5 Billion, Ranking First Globally

On May 15th, according to data from DefiLlama, the 24-hour trading volume on the Solana network DEX reached $45.71 billion, ranking first among all networks. Furthermore, in the past week, the trading volume of the Solana network's DEX reached $275.15 billion, with a weekly growth rate of 48%. The top three DEX protocols in terms of market share in the Solana ecosystem are Raydium, Meteora, and Orca.

Ride-hailing service platform Lyft has integrated with the Solana-based decentralized mapping platform Bee Maps.

On May 15th, as per Decrypt's report, the ride-hailing service platform Lyft has affirmed that it is utilizing the decentralized mapping platform Bee Maps, which is based on the Solana blockchain, for its street-level map data. The collaboration commenced in 2024 and is intended to support Lyft's navigation and autonomous driving endeavors. Bee Maps is constructed on top of the infrastructure of the decentralized mapping network Hivemapper and operates through a cryptocurrency incentive mechanism. Global contributors can upload street-level images via AI-driven dashcams and receive the native token HONEY as a reward. Bee Maps' co-founder and CEO, Ariel Seidman, stated that traditional maps are unable to keep pace with real-world alterations and that to achieve mobility services and autonomous driving, a crowdsourced, real-time, accurate, and open mapping system is required. It is reported that this collaboration is restricted to map data licensing and does not involve Lyft drivers or

Solana Ecosystem Project BAYC AI Launches Compute Power Satellite, Entering the Web3 Space Compute Network Exploration Phase

On May 14th, the Solana-based AI Computing Power Project BAYC AI announced that its AI Power Satellite, named BAYC #7573, has been successfully launched via a rocket. This marks the official entry of the project into the satellite-based Web3 computing power network exploration stage. The satellite is equipped with an AI computing module that will provide computing power support for distributed AI training tasks. It will also incentivize community participation and governance through the BAYC AI token mechanism, exploring the form of a blockchain-based computing power network. The BAYC AI project combines MEME elements on Solana with AI technology, aiming to promote a community-driven Web3 participation model. As a highly representative symbol in this series, BAYC #7573, and its holders have repeatedly promoted innovation in AI applications. By naming the satellite BAYC#7573 AI, it symbolizes the deep involvement of the Web3 community in cutting-edge technology.

Solana-based Meme Token GLONK Surpasses $15 Million Market Cap within 2 Hours of Launch, Currently Valued at $10 Million

On May 14th, based on GMGN data, the Solana-based Meme token GLONK went live and its market capitalization exceeded $15 million within 2 hours. Currently, it is valued at $10 million with a trading volume of $67.3 million. According to SolanaFloor, two tokens named GLONK were launched on the Pump.fun and Letsbonk.fun platforms. The GLONK token issued on the Letsbonk.fun platform currently leads in terms of market capitalization. BlockBeats reminds users that Meme coins often lack practical use cases and experience significant price volatility. Therefore, investment should be approached with caution.

SEC Seeks Feedback on BlackRock Bitcoin ETF Physical Redemption, Delays Grayscale Solana and Litecoin ETF Proposals

On May 14th, according to TheBlock, the U.S. SEC has postponed its decision regarding BlackRock's iShares Bitcoin Trust's in-kind redemption mechanism and has requested public opinions on the proposal. The current cash redemption model requires the custodian to sell Bitcoin first and then return cash to investors. Analysts have pointed out that the approval of in-kind redemption would enhance ETF trading efficiency. In addition, the proposals for the Grayscale Litecoin Trust and the Grayscale Solana Trust have been delayed, and the 21Shares Dogecoin ETF has entered the public comment period.

Solana-based Meme Coin GOONC Surpasses $30 Million Market Cap within 12 Hours

On May 13th, according to GMGN market information, on the X platform, KOL Pata van Goon (@basedalexandoor) launched the celebrity coin GOONC on the meme issuance platform Believe this morning. Within 12 hours of its launch, the market value of the coin exceeded 30 million US dollars and is currently at 32 million US dollars, with a trading volume of 28.86 million US dollars. BlockBeats reminds users that meme coins have no practical use cases, experience high price volatility, and users should be cautious.

Solana-based Meme Token NOODLE Surpasses $10 Million Market Cap within 10 Hours

On May 13th, based on GMGN market data, the Solana-based Meme token NOODLE has a market capitalization exceeding $10 million and a trading volume of $27.7 million within 10 hours of trading. It is reported that NOODLE was launched by RizzGPT and Astra founder Alex Leiman on Launchcoin, and Noodle.gg is a snake-like game created by them. BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price volatility, and caution should be exercised when investing.

Solana-based Meme Coin GOONC Surpasses $20 Million Market Cap After 4 Hours Online

On May 13th, according to GMGN market data, on the X platform, KOL Pata van Goon (@basedalexandoor) released a celebrity coin named GOONC on the meme launch platform Believe this morning. Within 4 hours of its launch, the market capitalization surged to $20 million and is now trading at $22 million with a trading volume of $25.6 million. According to @basedalexandoor's profile, Marc Andreessen, a co-founder of a16z, is following the account, and his bio states "applied @openai". BlockBeats reminds users that meme coins have no practical use case, experience high price volatility, and users should exercise caution.

Solana co-founders introduce the Meta Blockchain concept, leveraging multi-chain data ordering to reduce Data Availability cost

On May 13th, the co-founder of Solana, toly, put forward the concept of Meta Blockchain. This involves publishing data on blockchains such as Ethereum, Celestia, Solana, etc. and merging the data into a single order through specific rules in order to take advantage of the most cost-effective Data Availability (DA) service.

Moonshot has launched the IKUN meme coin on the Solana blockchain, with a current market cap of $10.71 million.

On May 13th, based on monitoring, Moonshot has initiated the Solana-based Meme coin IKUN. Currently, the market value of the token is at $10.71 million.

Moonshot has launched the BUDDY meme coin on the Solana blockchain, with a current market capitalization of $9.1 million.

On May 13th, based on monitoring, Moonshot has initiated the Solana-based Meme coin BUDDY. Currently, the market value of the token is at $9.1 million.

Public Blockchain Activity Top 7 Days Ranking: Solana Holds the Top Spot

On May 12th, according to Nansen data, the top five blockchains in terms of active addresses over the past 7 days are: Solana (24.26 million), Ethereum (7.589 million), BNB Chain (7.512 million), Tron (5.863 million), and Avalanche (4.241 million).

Solana Ecosystem's OG Meme Coin soars as WIF Surges Over 42% in 24 Hours

On May 12th, based on HTX market data, the long-standing bull market of Solana's Meme coins is continuing. Among them: The WIF surged by 42.05% in the past 24 hours and is now trading at $1.247. The PNUT surged by 31.17% in the past 24 hours and is now trading at $0.4551. The BOME surged by 27.58% in the past 24 hours and is now trading at $0.002645.

Solana Ecosystem OG Meme Experiences General Price Increase, MOODENG Surges Over 120% in 24 Hours

On May 12th, based on HTX market data, the well-known meme coins in the Solana ecosystem witnessed a general price increase. These include: · MOODENG increased by 127% in the past 24 hours and is now priced at $0.2764. · PIPPIN rose by 84.4% in the past 24 hours and is now priced at $0.4313. · GOAT surged by 64% in the past 24 hours and is now priced at $0.233. · CHILLGUY increased by 45.8% in the past 24 hours and is now priced at $0.1. · FWOG rose by 37.4% in the past 24 hours and is now priced at $0.0964.

SOL Strategies and Superstate Sign Memorandum of Understanding to Explore Equity Tokenization on the Solana Network

On May 10th, the publicly listed company SOL Strategies Inc. in Canada announced that it has signed a non-binding Memorandum of Understanding (MoU) with Superstate, a technology company concentrating on modernizing the capital markets by using blockchain infrastructure. As per the memorandum, Superstate will serve as SOL Strategies' primary transfer agent and offer the required platform and infrastructure for the company to issue tokenized representations of its common stock on the Solana blockchain through Superstate's "Opening Bell" platform. SOL Strategies aims to be the first public issuer to explore this regulated path. The company declared that it has not currently tokenized any shares and has no intentions to issue derivative tokens or convert existing equity into tokenized form. This initiative is still in the exploratory stage, and the company has not interacted with securities regulators or the Canadian Securities Exchange (CSE) regarding this initiative. SOL Strategies CEO

Solana Co-Founder: Solana v2.2 Delivers 20% Increase in Compute Capacity, Equivalent to Adding 5 Ethereum Pectra Upgrades' Worth of Capacity to the Network

On May 9th, Anatoly Yakovenko, a co-founder of Solana, posted and stated that the compute capacity in Solana v2.2 has seen a 20% increase. This is equivalent to adding the capacity of 5 Ethereum Pectra upgrades to the network.

Solana Chain's MOODENG Surpasses $0.1, Surging Over 129% in 24 Hours

Moonshot has launched on the Solana blockchain as a meme coin called DUPE

On May 9th, as monitored by Moonshot Listings, Moonshot has launched the Solana-based meme coin DUPE, which has a market value of 5.3 million US dollars. The price has seen a 78% increase in the past 24 hours, and the trading volume in the past 24 hours is 1.1 million US dollars. BlockBeats reminds users that meme coins usually lack practical use cases and have significant price volatility, so investment should be made with caution.

USDC Treasury Burns 52 Million USDC on the Solana Blockchain

On May 9th, as monitored by WhaleAlert, 17 minutes ago, the USDC Treasury burned 52 million USDC on the Solana blockchain. Previously, BlockBeats reported that around 1:00 AM today, the USDC Treasury burned approximately 50.59 million USDC on the Solana blockchain.

USDC Treasury Burns Approximately 50.59 Million USDC on the Solana Blockchain

On May 9th, as monitored by WhaleAlert, 17 minutes ago, the USDC Treasury burned approximately 50.59 million USDC on the Solana chain.

Binance Conducts Emergency Upgrade on Solana Network, Expected to Last 2 Hours

On July 5th, Binance announced that it is carrying out an emergency upgrade on the Solana network. During this period, withdrawals on the Solana network will be temporarily halted, and the upgrade is anticipated to last for 2 hours.

Doodles Announces Solana and BSC Ecosystem Projects Eligible for DOOD Token Airdrop

On May 7th, the NFT project Doodles announced that Solana and BSC ecosystem projects are eligible for the DOOD token airdrop. 13% of the DOOD tokens will be allocated to the respective communities, including: The top 50 active users of BonkBot ranked by trading volume; The top 2500 wallets of the Bonk rewards program; The active DRiP creators from January 1st to March 5th at drip.haus and the DRiP holders of Doodles Collectibles on DRiP; The subscribers of Solana Mobile Chapter2; The top 2500 wallets based on broadcast volume; The top 5,000 Helius stakers; The contributors of ElizaOS; The NFT holders of The Pond (snapshot taken on May 6th); The selected BSC communities (TST, Mubarak, Babydoge, Broccoli714, Koma Inu), and the claiming will be managed directly by each project.

Moonshot has launched the meme coin urmom on the Solana blockchain, with a market cap currently standing at $13.5 million.

On July 7th, based on monitoring, Moonshot launched a Meme coin named urmom on the Solana blockchain. Currently, the market value of the token is $13.5 million.

Solana Name Service sns.sol will launch a new token, SNS.

On May 6th, the Solana ecosystem domain service sns.sol (formerly Bonfida) announced the launch of a new token, SNS. It was stated that approximately five years ago, when the FIDA token was launched, Bonfida was closely integrated with the Serum DEX, and the design of FIDA also gave significant consideration to the Serum ecosystem. As time went by, the team gradually realized that although FIDA was useful in its initial context, it could not provide the synergies or incentive models that the.sol domain holders truly needed. It was never designed for the SNS vision. As SNS developed, the limitations of the FIDA design became more evident. Its tokenomics were not sustainable. The SNS and.sol communities were significantly different from the FIDA holder community. The distribution of FIDA did not align with the long-term goals of the SNS protocol. The factors that once drove growth eventually started to impede it. Therefore, today, the team is taking a new step: to unite and appropriatel

Data: Over the past week, the number of active addresses on the Solana network is approximately 24.2 million, ranking first globally

On June 5th, based on Nansen data, the number of active addresses on the Solana network was roughly 24.2 million during the past week, claiming the top position in the entire network. The number of active addresses on the Tron network was 5.9 million, while that on Base was 5.4 million, ranking second and third respectively.

Public Blockchain Activity Top 7-Day Rankings: Solana Maintains the Lead

On May 6th, according to Nansen data, the top five public chains in terms of the number of active addresses in the past 7 days are: Solana (24.15M), Tron (5.851M), Base (5.42M), BNB Chain (5.243M), and Aptos (4.889M).

DeFi Development has agreed to acquire a Solana validator node for $3.5 million.

On May 5th, as reported by The Block, the real estate software company and SOL asset accumulator, DeFi Development Corporation, has reached an agreement to acquire a Solana validator node for $3.5 million. The acquisition will be finalized through the issuance of $3 million in restricted stock and a cash payment of $500,000. The Solana validator business typically hosts approximately 500,000 SOL staked, which is valued at around $75.5 million at the current prices. Once the acquisition is completed, DeFi Development Corp. will be able to independently stake the SOL it holds and obtain all of the company's Solana staking rewards.

WBTC is now natively issued on the Solana chain

On May 5th, according to official information, WrappedBTC has made an announcement that WBTC is now issued natively on the Solana blockchain.

OKX Web3 Wallet Airdrops ZKJ Token to Solana and EVM Chain Transaction Users

May 5th, According to the official announcement, the OKX Web3 Wallet has launched the Cryptopedia Polyhedra Friends Season and is preparing a 1 million USDT worth of ZKJ token airdrop reward for loyal DEX users. Eligible users do not need to complete any tasks. They just need to click "Verify" to receive the airdrop. Solana Chain Transaction User Airdrop Reward: Reward: 500,000 USDT worth of ZKJ token; Condition 1: At 0:00 on March 16, 2025 (UTC+8), have a balance of more than 100 USDT in the EU Wallet; Condition 2: From December 6, 2024, to March 16, 2025, the transaction amount on the Solana Chain through EU DEX is ≥ 500 USDT; Condition 3: From December 6, 2024, to March 16, 2025, the number of transactions on the Solana Chain through EU DEX is ≥ 50 transactions; Task: Submit the EVM address. EVM Chain Transaction User Airdrop Reward: Reward: 500,000 USDT worth of ZKJ token Condition 1: At 0:00 on March 16, 2025 (UTC+8), have a balance of more than 100 USDT in the EU Wallet