Solana (SOL) — Onchain News & Whale Tracking

Ansem: Solana has hit its bottom, bullish on SOL/ETH pair trading.

Crypto KOL Ansem has published a bullish view on the SOL/ETH trading pair. Earlier today, Ansem stated: "Solana has hit its bottom — I was the first to call it! Right now, everyone is extremely bearish on SOL, just like when it fell to $8 in 2023. I believe buying SOL at current prices with a holding period of over six months is a solid trade."

Sandisk's tokenized stock SNDK is now live on the Solana network.

According to official announcements, Sandisk’s tokenized stock SNDK has officially launched on Solana via Sunrise. SNDK is the tokenized stock representing SanDisk, the storage chip manufacturer. Users can now trade SNDK 24/7 through various wallets and applications within the Solana ecosystem, even when traditional stock markets are closed.

South Korean payment platform KG Inicis plans to launch stablecoin payment functionality on Solana.

South Korean payment platform KG Inicis plans to integrate stablecoin payments into the Solana ecosystem. A leading South Korean payment service provider, KG Inicis handles annual transaction volumes exceeding 25 trillion won. Beyond online payment use cases, it also plans to launch a token-based merchant rewards program in the future.

Circle issues an additional 250 million USDC on the Solana network.

According to Whale Alert monitoring, Circle minted an additional 250 million USDC on the Solana network at 8:24 AM Beijing time today.

Payment company MoneyGram has become a Solana validator, further expanding its blockchain payment footprint

June 22 – Global payments firm MoneyGram announced it has officially become an approved Solana network validator and joined the Solana Developer Platform, cementing its formal entry into the Solana ecosystem. This makes MoneyGram only the third blockchain operator to run an official validation node, joining Tempo and Midnight Network in that role. MoneyGram CEO Anthony Soohoo said in a statement that as blockchain infrastructure grows more critical to the global payments sector, institutions relying on these networks have a responsibility to contribute to their security and long-term stability. As a validator, Soohoo explained, MoneyGram will support Solana’s core operations—including staking SOL and processing transaction blocks—to keep the network running smoothly. Additionally, joining the Solana Developer Platform will give MoneyGram access to specialized development tools for building financial products, alongside opportunities to partner with institutions like Mastercard on Sol

Established Asset Manager Baillie Gifford Teams Up with BNY to Launch On-Chain Fixed Income Tokenized Fund, Deploying Ethereum and Solana Dual Chain

On Monday, June 22, Edinburgh, Scotland-based Baillie Gifford — an 118-year-old, old-school asset management firm — announced a partnership with global custody giant BNY to launch the Baillie Gifford Enhanced Yield Fund (BAGEY), a tokenized fixed-income fund deployed simultaneously on the Ethereum and Solana blockchains. Denominated in U.S. dollars and structured as an open-ended investment company (OEIC) under UK regulatory frameworks, the fund targets eligible investors in the UK, Switzerland, and the Cayman Islands. It is an actively managed short-duration corporate bond portfolio offering an approximate 7% current yield. Unlike most tokenized products in the market, Theo Golden, Baillie Gifford’s Head of Digital Assets, emphasized that BAGEY is not a traditional fund wrapped in a token shell. Instead, it is a fund issued directly on-chain, where the blockchain itself acts as the official register of ownership. Investors hold shares directly and have direct recourse to their inves

Circle Issues Additional 250 Million USDC on Solana

On June 22, according to Whale Alert monitoring, Circle issued an additional 250 million USDC on the Solana network at 17:26 Beijing Time.

Morgan Stanley Files Ethereum and Solana ETF Amendment

On June 19, Bloomberg ETF analyst James Seyffart reports that Morgan Stanley has just filed amended documents for an Ethereum ETF and a Solana ETF.

Kraken to Integrate Solana DEX Trading into Main App, Advancing DeFi Mullet Strategy

June 18 – Kraken has officially launched on-chain DEX trading, enabling users to directly access thousands of Solana ecosystem tokens through the main Kraken app without leaving its familiar interface. The launch is supported by Kraken’s embedded wallet infrastructure Privy and multiple mainstream Solana DEX protocols. DEX assets will be seamlessly integrated into the portfolio view alongside existing holdings, and users can execute trades using their USD or USDC balances. Going forward, Kraken plans to expand these DEX capabilities to additional blockchain ecosystems.

Solana developer activity has dropped 29% from its peak, but overall development activity remains above the 2022 cycle high.

June 18: Data from Solana ecosystem platform Syndica shows the number of active developers on Solana has dropped approximately 29% from its May 2025 peak, sitting at roughly 1,220 currently. Despite this modest decline in active developer count, on-chain development activity remains strong. The platform’s metrics indicate there were around 28,400 developer events in May—roughly 70% higher than the August 2022 peak. Key development activities including code commits, pull requests, and code reviews are also still significantly above their prior all-time high.

Circle Issues 1 Billion USDC on Solana Blockchain, Total Supply Expansion Reaches $3.5 Billion in the Past Week

June 16: Crypto analytics firm LookOnChain reports stablecoin issuer Circle minted an additional $1 billion in USDC on the Solana blockchain today, continuing its recent trend of large-scale USDC expansion. Data shows Circle has issued a total of 3.5 billion USDC on Solana over the past week, equivalent to roughly $3.5 billion.

Solana Company's Board of Directors Rejects Acquisition Offer from Forward Industries

**Forward Industries Confirms Non-Binding Acquisition Proposal for Solana’s HSDT; Target Board Rejected Offer Earlier** June 15 (Bloomberg) — Forward Industries, a treasury affiliate of Solana, confirmed Thursday it has submitted a non-binding acquisition proposal to the board of directors of Solana Inc. (ticker: HSDT), another treasury-linked firm within the Solana ecosystem. The proposal outlines a stock-for-stock business merger, with the stated aim of advancing operational integration between the two entities. Forward emphasized that initiating formal discussions would be mutually beneficial for both companies and their shareholders. However, HSDT’s board voted on June 12 to reject the acquisition proposal, noting it will not engage in any further talks on the matter. Forward stated it is “disappointed and surprised” by the decision, and reiterated its hope that the two parties can reopen communication regarding the merger. Analysts view this development as a reflection of growin

The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

June 14: According to Whale Alert’s monitoring, the USDC Treasury minted an additional 250 million USDC on the Solana blockchain just two minutes ago.

This week, the US Ethereum spot ETF saw a cumulative net outflow of $14.8 million, while the Solana ETF experienced a net inflow of $4.7 million.

June 13 — Per Farside monitoring data, U.S. Ethereum spot ETFs posted a total net outflow of $14.8 million this week, while the Solana ETF recorded a net inflow of $4.7 million.

Circle to Mint 250 Million USDC on Solana

On June 12, on-chain monitoring service Whale Alert flagged that the USDC Treasury minted roughly 250 million USDC on Solana.

Circle to Mint 250 Million USDC on Solana

Whale Alert reported on June 11 that the USDC Treasury has minted approximately 250 million USDC on the Solana network.

Circle has minted an additional $500 million USDC on Solana in the last half hour

June 8: According to Whale Alert monitoring, Circle issued an additional 250 million USDC on the Solana network at 16:53 Beijing Time. Roughly half an hour later, its total USDC issuance on Solana reached 500 million.

Circle Issues Additional 250 Million USDC on the Solana Network

On June 8, according to Whale Alert monitoring, Circle minted 250 million USDC on the Solana blockchain at 16:20:41 UTC.

The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

On June 7th, monitoring by Whale Alert shows that the USDC Treasury has minted an additional 250 million USDC on the Solana blockchain—this minting took place just 20 minutes ago.

The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

June 5 — Per Whale Alert’s monitoring, the USDC Treasury minted an additional 250 million USDC on Solana blockchain at approximately 10:06 AM Beijing time.

Jupiter Launches Solana Native Prediction Market, Improving Market Liquidity Through Multi-Market Maker Quoting

On June 4, Jupiter announced the launch of Jupiter Forecast, a product for market makers it’s billed as Solana’s first fully native prediction market. For end users, Forecast will integrate with Jup Predict, bringing an additional liquidity model to deliver better prices and execution efficiency. Instead of trading through a single liquidity pool, users can now source their trades from multiple competing market makers. Any Prop AMM with an active market quote will automatically pair with the market maker offering the most favorable price. Jupiter emphasized it will continue collaborating closely with Polymarket and maintain support for its markets, clarifying Forecast is just an extra liquidity option for users. Moreover, each market on Forecast will have its own native token to simplify partner integrations and boost composability within the Solana ecosystem. The platform added that Forecast will launch initially with 15-minute crypto markets, with plans to expand to other timeframes

Drift announces rebrand to Solana ecosystem Perp DEX, with revenue allocated to establish a user compensation fund

On June 4, Drift Protocol laid out its top immediate priorities: relaunching its platform and restoring revenue-generating capabilities to speed up the recovery of user funds. Once back online, the platform will target becoming Solana’s largest USDT perpetual swap trading venue, with all related earnings set aside for a dedicated user compensation fund. The protocol noted that it has made meaningful progress on the relaunch thanks to strategic support from Tether and other partners. To strengthen security, Drift has appointed Noah Prince—former engineering lead at Helium Protocol—as its new protocol lead, responsible for protocol restructuring and security system overhauls. Additionally, team members from Gauntlet have joined the relaunch effort to provide risk management and treasury design support, including liquidation engine audits, funding rate optimization, market parameter adjustments, and ongoing risk monitoring. Drift has also engaged cybersecurity firm Mandiant to conduct a

Solana's official stance is to vigorously promote the development of fully on-chain perpetual contracts, aiming to become the world's most robust on-chain financial derivatives infrastructure.

June 2, Solana officially released a blog post titled "Building Fully On-Chain Perpetual Futures on Solana," signaling a major push to grow its on-chain perpetual contract (Perp) ecosystem, with the goal of positioning Solana as the world’s most robust on-chain financial derivatives infrastructure. Right now, most crypto derivatives trading either takes place on centralized exchanges or relies on hybrid models with off-chain matching engines — a phase Solana views as transitional. The blockchain’s vision is to build a fully on-chain derivatives market where every process (order submission, price updates, matching, clearing, etc.) runs on-chain while maintaining institutional-grade speed and low costs. The Solana Foundation will provide funding, technical support, and resources, focusing on backing projects that meet key criteria: fully on-chain execution, price discovery driven by genuine bilateral liquidity (not just pool-based pricing), Solana-first alignment, on-chain revenue shar

Bithumb will list the Solana Name Service (SOLNS) with the KRW trading pair

June 1 update: According to official announcements, South Korean cryptocurrency exchange Bithumb will launch the Solstice (SLX) KRW trading pair. Trading is scheduled to kick off on Monday, June 1st at 5:00 PM local time.

Solana Proposal: Introduce Base Fee on Transaction Resource Consumption, Fully Burned, Projected Daily SOL Supply Burn of Over a Thousand Coins

June 1: Solana developer cavemanloverboy has proposed SIP-547, a plan to refine SOL tokenomics via a resource consumption-based fee burning mechanism. The proposal calls for a base fee of 0.1 lamports per cost unit, charged per transaction, with all collected fees burned entirely. Right now, the network’s daily base fee burn clocks in at just around 648 SOL—an amount that’s negligible compared to the roughly 60,000 SOL in daily inflation. Per community testing data, implementing this mechanism would add an estimated 1,500 to 1,800 SOL in daily burns. It would hit liquidity provider fees by 3 to 5 percent and drive a sharp surge in transaction costs for regular users; some scenarios see costs jump by over 600 percent. The proposal explicitly notes the system can only activate after the Alpenglow consensus upgrade rolls out, and it’s currently in the community discussion phase.

Coinbase Releases Q1 Solana Validator Operations Report: Total Staked Amount Reaches 40.48 Million SOL, Accounting for 9.52% of Network Staking Total

May 28: Coinbase published its Q1 2026 Solana Validator Operations Report, which notes that participating validators collectively hold 40.48 million SOL in staked capital—representing 9.52% of the Solana network’s total stake. These validators operate across 6 countries and rely on 2 bare-metal server providers. For the reporting period, the group posted a 7.02% Annual Percentage Yield (APY), outperforming the network’s average of 6.95%. However, their block production rate was just 0.041%—a sharp contrast to the network’s average of 0.198%. Coinbase runs its validators entirely on bare-metal servers, supports multiple validator clients such as Harmonic and Jito, and adheres to scheduling policies aligned with the Solana Foundation’s guidelines. The exchange emphasizes a security-first framework for its validators, including double-signing protection, near-zero downtime deployments, and stake centralization controls. A core objective is to reduce its validators’ stake concentr

South Korean prosecutors have arrested a suspect for the first time under the Virtual Asset User Protection Act for DEX fraud related to the Solana Meme coin CATFI case.

South Korean prosecutors filed charges in the first decentralized exchange (DEX) rug pull scam case tied to a Solana ecosystem meme coin under the country’s Virtual Assets User Protection Act, local authorities announced May 27. The probe centers on the CATFI token scheme: two key suspects were arrested and prosecuted for market manipulation, one additional individual faces non-detained charges, and two others are accused of aiding the main suspects in evading authorities. The group launched CATFI on the Pump.fun platform in early 2025 before pulling liquidity (the core of a rug pull scam) after listing the token on a DEX. The lead suspect, operating under the internet persona “Eth Father,” promoted CATFI via false positive news, purchased fake social media followers, and used multiple wallets to hoard token supply and run wash trading to obscure their control over the asset. CATFI’s price spiked 1,001 times within 26 hours of its launch, drawing roughly 6,000 investors. Ultimately,

Umbra Partners with Streamflow to Launch Private Token Ownership on Solana

On May 27, Umbra and Streamflow launched their private token ownership feature on Solana, enabling projects to securely implement large-scale token ownership and distribution. Powered by Arcium’s cryptographic execution engine, Streamflow’s clients can keep using their existing distribution mechanisms—including time locks and price triggers—while gaining the ability to conceal actual token transfer records. Recipients will receive ownership tokens directly to their Umbra wallet, and every new ownership plan added expands Umbra’s shared anonymity pool. This in turn strengthens privacy protection capabilities for users and applications across the entire network.

The Billions native token, BILL, has now officially expanded to the Solana ecosystem.

On May 25, Billions’ native token BILL officially expanded to the Solana ecosystem, per official announcements. Users can now trade and utilize BILL across multiple Solana wallets and decentralized exchange (DEX) platforms, including Phantom and Jupiter. Additionally, via Sunrise, users can complete free cross-chain transfers between Billions’ previously launched blockchain and Solana. Billions is building a Universal Human & AI Network that connects humans and AI through mobile-side verification. This expansion to Solana will enable more users and AI agents to participate in the BILL ecosystem.

Solana Ecosystem Meme Coin ASTEROID Surges 48% Intraday, Ethereum Ecosystem Version Experiences Slight Pullback

Basechain DEX 24-hour Trading Volume Surpasses Solana, Ranking First

Per DefiLlama: Base Layer DEX hit $12.17B in 24h trading volume on May 24, topping Solana's Layer 1 DEX at $11.93B to take the No.1 spot.

Solana Treasury's Fundraising Platform Solmate Plans to Raise $11.4 Million

On May 21, Solmate Infrastructure, a Nasdaq-listed Solana treasury company, announced a registered direct offering of 2,298,000 shares of its Class B common stock at $4.97 per share. The company expects to raise roughly $11.4 million from the offering, which is projected to close around May 27, 2026, pending customary closing conditions.

Bitwise CEO: Hyperliquid and Solana are Leading the "Income-Generating Public Blockchain" Narrative, Benefiting from On-Chain Capital Market Trends

On May 21st, Bitwise CEO Hunter Horsley noted in a public post that the crypto industry is emerging with a new category called "revenue chains," currently led by Hyperliquid (HYPE) and Solana (SOL). Horsley pointed out that both projects have overlapping traits and unique strengths: robust communities, functional use cases, and loyal user bases. He added that in the future, these two could stand to benefit from structural growth in the mobile internet—similar to how iOS and Android dominate their respective markets. For "revenue chains," Horsley emphasized, their upside ties directly to the ongoing tailwind of the on-chain capital market trend. Whether you’re bullish on HYPE, SOL, or both, he stressed that the core focus shouldn’t be competition—it should be the overall growth of on-chain capital markets. He closed with: “Support on-chain capital markets. Excited to see the crypto industry’s success.”

Hyperliquid TVL Surpasses Solana

May 21: According to HTX market data, HYPE is currently trading at $56.2. Hyperliquid’s fully diluted valuation (FDV) has reached $541.07 billion, surpassing Solana’s $540.82 billion FDV.

Solana blockchain's custom stablecoin USDF is now live

Solana-based custom stablecoin USDF went live on May 20 as a collaboration between Coinbase and Flipcash. Leveraging Coinbase’s infrastructure for issuance, regulatory compliance, and settlement, USDF operates under Coinbase’s “Custom Stablecoins” program. This program allows enterprises and protocols to easily issue their own branded U.S. dollar-pegged stablecoins for use cases including payments, payroll, and cross-border settlements, while ensuring full adherence to regulatory standards.

Morgan Stanley Files Amendment to Solana Spot ETF Filing, Proposing Trading Symbol MSOL

May 20 – JPMorgan Chase filed an amended registration application for its Solana spot ETF today, selecting ticker MSOL for the product. Key details including management fees remain undisclosed as of now.

8Qef2u, the largest $ASTEROID holder on Solana, bought 10.04M $VIRL ($17.7K).

8Qef2u, the largest $ASTEROID holder on Solana, bought 10.04M $VIRL ($17.7K). This wallet already holds 25.03M $ASTEROID ($301.6K) and bought $VIRL after the official @solana account followed @virlfun.

Holding for Over 5 Years, Solana Whale Once Again Sells 30,000 SOL, Totaling Over 96,500 SOL Sold

On May 19th, data from LookOnChain shows that a crypto whale known as the "Solana OG"—who has been staking SOL for over five years—sold an additional 30,000 SOL roughly eight hours ago, worth approximately $2.56 million. This whale originally staked 991,000 SOL five years ago and has been liquidating their holdings gradually over the past year. To date, the whale has sold a total of 965,274 SOL at an average price of $143, totaling around $137.66 million. Currently, 381,140 SOL remains staked, valued at roughly $32.4 million.

Anza Recommends Solana Mainnet Validators Upgrade to Agave 4.0, Reducing Turbine Retry Latency to Approximately 0.8ms

On May 18, Solana development firm Anza announced a formal recommendation for mainnet validators to upgrade to Agave 4.0. This update brings key improvements: XDP support for Turbine, QUIC-only TPU data access, a faster replay stage, and multiple SIMD features that will roll out in this cycle. Anza noted that production testing with large mainnet validators found XDP cut Turbine retransmit latency from about 600ms to roughly 0.8ms, giving Solana critical performance breathing room to scale to 1 billion compute units (CUs) per block. Additionally, Agave 4.0 completely removes UDP transaction access, making QUIC the sole transaction submission method. The update also shifts PoH entry validation and Ed25519 signature verification off the critical path, processing those tasks asynchronously to boost replay stage performance. This upgrade will also gradually roll out several SIMD features, including p-token—an SPL Token alternative that frees up approximately 13% of block capacity—Stake

Solana-based Meme Coin TROLL Market Cap Surpasses $90 million, Surging Over 77% in 24 Hours

**May 10th** Per GMGN monitoring, Solana-based meme coin **TROLL** has surged sharply in market capitalization: it surpassed $90 million, peaking at $91.47 million—marking a 77% gain over the past 24 hours. Its 24-hour trading volume hit $12.2 million. BlockBeats notes that meme coins are extremely volatile, often driven by market sentiment and hype, with no underlying value or real-world use cases. Investors should be aware of the associated risks.

Binance's "Aura" Tweet Sparks Solana Meme Frenzy, Subsequent Content Deletion

On May 9, crypto influencer BroLeon shared a post noting a Binance “aura maxxxing” tweet had inadvertently spurred market speculation. After a brief surge for Solana-based meme coin Aura, the tweet in question was deleted. The community initially took the tweet as a sign Binance was mending ties with Solana, drawing parallels to the prior listing of meme coin Usduc on Binance US. That sparked FOMO buying of Aura, with market data showing the token surged sharply in a short window. Later, some community members spotted Binance’s main platform had removed the tweet. Market watchers say the deletion likely aims to curb overspeculation and hype around meme coins.

The Altcoin Market has seen a significant resurgence, with the Altseason Index rising to 48. Solana and the SUI ecosystem token have shown impressive performance.

On May 9, HTX market data shows the altcoin market has staged a sharp rebound. The Altcoin Season Index has climbed to 48, meaning 48 of the top 100 altcoins have outperformed Bitcoin (BTC) over the past 90 days. Meanwhile, Bitcoin’s dominance rate (BTC.D) has dropped from a recent high of 61.2% to 60.6%. Leading gainers include: - ONDO: Surged 34.5% to $0.4695 - ICP: Rose 32.8% to $3.97 - STRK: Increased 21.2% to $0.0558 - PLUME: Rose 21.03% to $0.01554 - DYM: Surged 19.9% to $0.0241 Tokens in the Solana and SUI ecosystems also posted strong gains, including: - JUP: Surged 18.7% to $0.245 - PYTH: Rose 17.5% to $0.061 - SUI: Increased 14.7% to $1.09 - DEEP: Surged 30.2% to $0.04 - WAL: Rose 11.6% to $0.086 - CETUS: Increased 12.9% to $0.031

Solana Annual Summit Breakpoint 2026 Registration Officially Opens

The Solana Foundation announced on May 8 that registration is officially open for Breakpoint 2026, its annual conference set to take place in London from November 15 to 17. London—a top global financial and tech hub—will host Breakpoint for the first time. Limited early-bird tickets are now available.

Solana-based Meme Coin USDUC Plunges Over 66% from All-Time High, Market Cap Now at $9.6 million

May 8 — Per data from GMGN (via [https://t.me/gmgnaibot?start=i_m4TE56o8](https://t.me/gmgnaibot?start=i_m4TE56o8)), USDUC, a Solana-based on-chain meme coin, currently has a market capitalization of $9.6 million. The token is down 47.9% over the past 24 hours, with its 24-hour trading volume at $9.3 million — a drop of over 66% from yesterday’s $29 million peak. **BlockBeats Note**: Meme coins are highly volatile, driven primarily by market sentiment and speculative hype, with no tangible value or real-world use cases. Investors are advised to exercise caution regarding associated risks.

Toly: Solana Network's Major Upgrade 'Alpenglow' to Launch as Early as Next Quarter

On May 6, Solana co-founder Toly announced at Consensus Miami 2026 that the network’s major "Alpenglow" upgrade will launch this year—potentially as soon as next quarter. Toly noted the upgrade will push transaction confirmation speeds near the physical "speed of light" limit, boosting the network’s speed, reliability, and transaction finality. This signals a shift for Solana: moving from its early innovation focus to a more mature phase centered on performance guarantees and reliability—critical for time-sensitive use cases like financial apps.

MoonPay has announced the acquisition of Solana's execution layer infrastructure DFlow in a deal valued at approximately $100 million, to be completed entirely in stock.

BlockBeats reported on May 6 that MoonPay has acquired DFlow, a Solana transaction infrastructure firm. DFlow counts Coinbase and Phantom wallet among its key clients, has processed over $500 billion in total transaction volume, handles roughly 10 million transactions monthly, and supports 99.9% of tokens on Solana. The acquisition is set to close as an all-stock deal valued at approximately $100 million, though MoonPay has not officially confirmed the exact figure. MoonPay CEO Ivan Soto-Wright noted that DFlow’s infrastructure will bring high-speed, reliable, and scalable capabilities to MoonPay—supporting high-frequency trading (HFT) and next-gen DeFi applications. DFlow founder Nitesh Nath said post-acquisition, the team will focus on serving emerging sectors like prediction markets.

Google Cloud and the Solana Foundation Launch AI Agent Pay-As-You-Go System Pay.sh

May 6 – Google Cloud and the Solana Foundation have jointly launched Pay.sh, a payment system for AI agents that supports on-demand API fee payments on the Solana blockchain using stablecoins. Built on the x402 protocol incubated by Coinbase, the system lets AI agents discover, call, and pay for API resources without account registration or subscriptions—enabling a "pay-as-you-go" micropayment model. AI agents can link a Solana wallet as their identity and top up balances via stablecoins or credit cards, with payments automatically completed when accessing cloud services like data analysis and model inference. Pay.sh runs on Google Cloud, connecting to backend services (including large-model calls and containerized apps) through an API proxy layer. Additionally, the system is compatible with the Machine Payments Protocol (MPP) and integrates with over 50 API service providers across use cases such as communication, e-commerce, and on-chain data. An official statement notes thi

Securitize Partners with Jump Trading and Jupiter to Launch On-Chain Compliant Stock Trading on Solana

On May 5, Securitize announced a partnership with Jump Trading and Jupiter Exchange to launch a fully on-chain, compliant tokenized stock trading service on Solana. The solution combines regulatory compliance infrastructure, liquidity support, and distribution channels—aiming to build an integrated on-chain securities trading system that accelerates the migration of traditional financial assets to blockchain.

The Solana-based Meme Coin TROLL Surpasses $55 million in Market Cap, with a 90%+ Surge in the Last 24 Hours

On May 4th, per GMGN’s monitoring (via the link: https://gmgn.ai/sol/token/i_m4TE56o8_5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2), Solana ecosystem meme coin TROLL saw a notable surge in market capitalization. It topped $55 million, hitting roughly $55.07 million, with a 24-hour gain of 94.97% and a 24-hour trading volume of $11.1 million. BlockBeats reminds users that meme coins are highly volatile, heavily swayed by market sentiment and hype, and lack tangible value or real-world use cases. Investors should exercise caution regarding the associated risks.

The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

On May 1, Whale Alert reported that the USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.