Solana (SOL) — Onchain News & Whale Tracking

Pump.fun Becomes First Platform on Solana to Surpass $1 Billion in Total Value Locked

On March 12, **The Block** reported that Pump.fun has become the first platform on Solana to surpass $1 billion in cumulative revenue since its launch in early 2024. DefiLlama data shows the platform’s revenue breakdown: - 2024: $321.3 million - 2025: $664 million - 2026 to date: $98.3 million For context, Solana ecosystem peers have far lower cumulative revenue: - Decentralized trading aggregator Jupiter: $401.3 million - Automated market maker Raydium: $126.9 million ### Repurchase Update Pump.fun currently uses nearly all protocol revenue to buy back its PUMP token: - March 11: ~$1.25 million buyback (99.93% of the prior day’s revenue) - Program total: ~$323.4 million in PUMP (28.8% of circulating supply) ### Cross-Chain Clues Solana Floor data notes public domain records show Pump.fun has subdomains pointing to Ethereum, Base, BSC, and Monad. The platform also removed Solana as its listed location in its **X (formerly Twitter)** profile.

Jito Foundation Acquires and Relaunches SolanaFloor News and Media Center

On March 10, leading Solana news outlet SolanaFloor announced it has been acquired by Jito, with the purchase price undisclosed. It will resume operations under the Jito Foundation while retaining full editorial independence. SolanaFloor noted its mission remains unchanged: documenting the ongoing growth of the Solana ecosystem and delivering clear, impartial research and reporting. As previously reported, following a hacker attack on Step Finance, the company’s subsidiaries SolanaFloor and Remora Markets announced they would cease all operations on February 24.

Solana ETF Investors Are Largely Institutional, With Goldman Sachs Holding Over $1.07 Billion

On March 10, Bloomberg analyst James Seyffart noted that the top investors in the Solana ETF are primarily a mix of liquidity providers and crypto investment firms, calling its investor base a "star-studded lineup" of industry players. Top holders of Solana ETF exposure as of now include: Electric Capital Partners (over $137 million), Goldman Sachs Group (over $107 million), Elequin Capital (over $87.9 million), and Morgan Stanley (roughly $15.31 million).

Solana-based Chinese Meme Coin "My Sword and Shield" Surges to $6 Million Market Cap, Up 240% in 24 Hours

On March 6th, GMGN monitoring data (via [https://gmgn.ai/sol/token/i_m4TE56o8_6iA73gWCKkLWKbVr8rgibV57MMRxzsaqS9cWpgKBpump]) shows Solana-based meme coin **My Sword and Shield** saw its market cap surge from $1.8 million earlier in the day to a peak of $6.6 million, currently trading at $5.6 million—up 240% over the past 24 hours with a 24-hour trading volume of roughly $4.9 million. The token, launched 6 days ago, is the first recent Chinese narrative meme coin on Solana to hit a seven-figure market cap. On-chain trader Cowboy purchased $740 worth of the coin when its market cap was ~$290,000; their current unrealized gain stands at 1900%, and after selling a portion, total realized profit is ~$7,930. The BSC-based *My Sword and Shield* meme coin, by contrast, has a market cap of just $500,000. It’s up ~57% over the past 24 hours with a 24-hour trading volume of ~$360,000, and has been live for roughly 28 days. BlockBeats reminds users: Meme coin trading is highly volatile, d

Yesterday the US Solana Spot ETF saw a net outflow of $6 million

March 6: Per Farside monitoring data, the U.S. Solana spot ETF recorded a net outflow of $6 million yesterday.

Solana-based Stablecoin Hits Record $650 Billion in February Transaction Volume

**Solana Stablecoin Trading Hits Record $650B in February** On March 4, The Block reported Solana’s on-chain stablecoin trading volume reached an all-time high of $650 billion in February—marking a new peak for the network. As on-chain retail payments mature, demand for stablecoins has surged sharply. Per Grayscale’s latest research (citing Allium data), the February figure doubled the previous monthly record set in October 2023 and was the highest stablecoin trading volume across all blockchains that month. Stablecoins have become a key driver of blockchain application growth. Grayscale notes Solana is well-positioned to gain market share in retail stablecoin payments as usage scales. The network currently leads several core blockchain adoption metrics, including user count, transaction volume, and transaction fee levels.

Circle has minted 1 billion USDC on Solana in the last 10 hours

**March 4 — Onchain Lens data indicates Circle minted 1 billion USDC on Solana over the past 10 hours.** **Cumulatively, the firm has minted 23.75 billion USDC on the Solana blockchain since 2026.**

Solana ecosystem sees the emergence of a "Gao Shi Naoye" meme coin, Gao Shi Naoye personally posts to deny any association.

On March 3, data from GMGN indicates a meme coin named after Japanese Prime Minister Sanae Takaichi launched on the Solana ecosystem 6 days earlier. It opened with a market cap of $27.72 million but plummeted amid shrinking trading volume, now standing at $6.6 million. Beyond its post-launch decline, the token has drawn notable controversy over its distribution—with the top 10 addresses holding 42.6% of the total supply. Yesterday, Prime Minister Sanae Takaichi took to X (formerly Twitter) to clarify: “I have no knowledge of this token, and my office has never received any notification about it. We have not approved its creation either.” BlockBeats urges users to exercise caution: celebrity-themed meme coins carry substantial investment risks.

Solana, BSC, and Avalanche Simultaneously Empowering AI Agent Infrastructure; On-chain AI May Soon See an Explosion

March 3rd — Amid a crypto bear market, on-chain AI agent infrastructure is still booming thanks to the ongoing AI wave. BlockBeats rounds up key updates for Solana, BSC, and Base below: ### **Solana** Solana — known for sub-second finality, low fees, and high throughput — has emerged as the **go-to execution layer** for AI agents, ideal for high-frequency microtransactions and autonomous operations. On March 3rd, it launched its AI Agent Registry trust layer on mainnet, with native identity verification integration. Agent deployments on Solana have topped 9,000. Ecosystem standouts include: - x402 payments - MCP servers (agent self-deployed tokens) - The Claw tool suite Top projects: SendAI’s Solana Agent Kit (most popular toolkit), ElizaOS, and the Rig framework. ### **Base** Base — boosted by the x402 protocol — is one of the most mature, active AI agent ecosystems right now. Coinbase launched x402 in May 2025, and it’s now the core infrastructure for Base’s age

American fintech firm SoFi's support for Solana network deposits is now live

On February 28th, SoFi—the first U.S. nationally chartered bank to offer Bitcoin and crypto trading—now supports Solana network deposits, letting customers deposit funds directly via its banking app.

Solana Ecosystem Meme Coin neet Market Cap Surges to $27 Million, 24-hour Growth Reaches 36%

As of February 27th, per GMGN monitoring, the market cap of Solana ecosystem meme coin NEET has risen again early this morning. Currently, it stands temporarily at $27.6 million, with a price of $0.0276—marking a 36% gain over the past 24 hours and over $2.1 million in trading volume during the same period. Prior to this, the meme coin had dropped to a market cap of under $7 million on February 12th before rebounding, and it has extended those gains this morning. BlockBeats notes that meme coin trading carries extreme volatility, relying largely on market sentiment and speculative hype rather than actual value or utility. Investors are advised to exercise caution amid these risks.

USDC Treasury Mints Additional 250 Million USDC on the Solana Chain

Feb. 25 — Per Whale Alert data, the USDC Treasury has minted an additional 2.5 billion USDC on the Solana blockchain.

Step Finance, SolanaFloor, and Remora Markets will all cease operations simultaneously

Step Finance announced on February 24 that its SolanaFloor and Remora Markets platforms will cease operations immediately. The team noted that following a hack in late January, it explored multiple options—including funding and mergers/acquisitions—but failed to secure viable outcomes, leading to the decision to shut down all operations. The team added it will conduct a buyback for STEP token holders based on a snapshot taken prior to the incident, and launch a redemption process for Remora rToken holders. Remora tokens remain fully asset-backed at a 1:1 ratio. More details will be announced at a later date. As BlockBeats previously reported, Step Finance issued a statement on February 3 regarding the hack: Approximately $40 million in treasury assets were stolen due to a breach of a company executive’s device. Upon discovering the security vulnerability, Step Finance immediately engaged cybersecurity researchers and relevant authorities for investigation, notified law enforce

Solana Ecosystem Meme Coin Neet Market Cap Surpasses $28 Million, Surging Over 85% in 24 Hours

As of February 23, GMGN market data shows NEET—a meme coin on the Solana ecosystem—has surpassed a market capitalization of $28 million. It has posted an 85.17% 24-hour price surge and $2.7 million in 24-hour trading volume. BlockBeats notes that meme coins lack real-world use cases, carry high price volatility, and advises caution for investors.

Solana-based Meme Coin Lobstar's Market Cap Briefly Surpasses $15 Million Before Falling Back, with a 24-Hour Gain of 579%

As of February 21st, GMGN monitoring shows Solana-based meme coin Lobstar’s market cap climbed today, hitting a peak of over $15 million before retreating to roughly $10.6 million. That’s a 579% 24-hour surge, with 24-hour trading volume reaching $28.4 million. BlockBeats notes that meme coin trading carries extreme volatility, driven largely by market sentiment and hype—with no underlying real value or use case. Investors are advised to exercise caution.

Yesterday, the US Ethereum spot ETF saw a net outflow of $130.1 million, while the Solana ETF saw a net inflow of $6 million.

On February 20, Farside monitoring data shows that the U.S. Ethereum spot ETF recorded a net outflow of $130.1 million yesterday, while the Solana ETF had a net inflow of $6 million.

Decentralized SocialFi platform Zora launches Attention Market on Solana

February 18th — Decentralized SocialFi platform Zora has launched its new Attention Markets platform on the Solana blockchain, letting traders speculate on hot network keywords, topics, tags, and trends. Users can create "Trends" before they go viral and track real-time gains and losses on the platform. Zora co-founder Jacob Horne noted that creating a Trend currently requires staking 1 SOL to discourage spam. Trends themselves don’t reward creators, but Pairs linked to Trends are eligible for creator incentives. Additionally, Zora has posted a job opening for an “Attention Economist,” tasked with tracking cultural trends across platforms like TikTok, Instagram Reels, and YouTube Shorts to spot the next big cultural movement.

Solana Ecosystem Meme Coin PIPPIN Hits All-Time High, Surging 14.45% in 24 Hours

February 15th — Per market data from GMGN (via the link: https://gmgn.ai/sol/token/i_m4TE56o8_Dfh5DzRgSvvCFDoYc2ciTkMrbDfRKybA4SoFbPmApump), Solana ecosystem meme coin PIPPIN has hit a new all-time high. As of press time, its market capitalization stands at $7.47 billion, with a 24-hour price surge of 14.45% and 24-hour trading volume topping $26.6 million. BlockBeats notes that meme coins are highly volatile assets, fueled primarily by market sentiment and conceptual hype—they lack underlying value or real-world use cases. Investors are advised to exercise caution amid these inherent risks.

This week, the US Solana Spot ETF saw a cumulative net inflow of $12.6 million

On February 14, per Farside monitoring data, the U.S. Solana spot ETF posted a cumulative net inflow of $12.6 million this week.

Solana Ecosystem Meme Coin Breaks Short-Term $14 Million Market Cap, Surging 160% in 24 Hours

February 14th, per GMGN data (link: https://gmgn.ai/sol/token/i_m4TE56o8_3B1ijcocM5EDga6XxQ7JLW7weocQPWWjuhBYG8Vepump), Solana meme coin BP (Barking Puppy) has continued to climb in market cap today, peaking at $14.9 million before stabilizing at $11 million. Its current price sits at ~$0.011, marking a 160% surge over the past 24 hours. The meme coin’s narrative ties to a dog-themed twist on Keith Gill’s YouTube alias “Roaring Kitty”—and it’s reportedly launched by his brother Kevin Gill (X handle: @BPuppy80020). Gill is a prominent retail investor best known for fueling the 2021 GameStop (GME) short squeeze. BlockBeats notes that meme coin trading carries extreme volatility, relies heavily on market sentiment and hype, and lacks tangible value or use cases. Investors are advised to exercise caution.

Anchorage Digital, Kamino, and Solana Company Launch Three-Way Custody Model to Support Institutional SOL Staking

On February 13, digital asset platform Anchorage Digital, Solana ecosystem liquidity protocol Kamino, and Solana Labs announced a partnership to launch a "pioneering" tri-party custody model—designed to help institutions stake SOL within a compliant custody framework. The service lets institutions engage in on-chain lending and liquidity provision without transferring assets out of regulated custody. Anchorage Digital will oversee collateral management, moving risk controls and collateral processes on-chain while expanding its Atlas collateral system to integrate with Kamino and the Solana ecosystem.

Solana Foundation Asia Pacific Lead: Asia Pacific Market Is Extremely Important, Solana Will Cover Global Market

February 13 – Yu Lin, Solana Foundation’s APAC Head, said at Consensus Hong Kong that the Asia-Pacific market is extremely important. “We believe our technology, ecosystem and partners will leverage blockchain to bring these products to the global market in a compliant and secure manner,” Lin noted. ### Key adjustments for American English norms: 1. **Date format**: Used "February 13" (common in U.S. news for brevity, omitting the ordinal "th"). 2. **Conciseness**: Replaced redundant "Solana Foundation’s" with "our" in the quote (context makes the reference clear). 3. **Flow**: Added a closing verb ("noted") to make the quote attribution natural (standard in U.S. media). 4. **Brevity**: Removed unnecessary articles ("the" before Consensus Hong Kong, as conference names typically omit definite articles in U.S. style). 5. **Clarity**: Used an em dash for the parenthetical title (cleaner than commas in U.S. journalistic writing).

Solana Company CEO: Believes Solana's Super Cycle Will Start from Asia

On February 12, Joseph Chee—CEO of Solana Treasury Company, the firm behind the publicly traded SOL token—said during the Consensus Hong Kong conference: “The first billion people to enter the blockchain space will join via clicking and using simple tokenized products and various investment targets, and they’ll come from Asia. That’s why I believe the Solana supercycle will kick off in Asia: there’s a massive population base here, plus a group of people with an extremely open mindset toward new technology. The speed at which folks here adopt new things is far faster—from seven-year-olds to 80-year-old grandparents, everything’s moving much quicker here than in other parts of the world.”

Citi Launches On-Chain Invoice Lifecycle on Solana

On February 12, Citi announced via official sources that it has tokenized a promissory note and completed its full lifecycle—from issuance to settlement—on the Solana blockchain.

Solana Ecosystem Meme Coin PIPPIN Continues to Surge, Market Cap Surpasses $450 Million, Up Over 20% in 24 Hours

As of Feb. 11, per GMGN’s monitoring, Solana ecosystem meme coin PIPPIN has trended upward consistently since Feb. 6. Its market cap has climbed from a low of roughly $160 million to $450 million, with a 20% gain over the past 24 hours. BlockBeats notes that meme coin trading is highly volatile, relies heavily on market sentiment and hype cycles, and lacks tangible value or practical use cases. Investors are advised to exercise caution.

Solana-based Meme Coin COPPERINUS Surpasses $11 Million Market Cap, Surging Over 54% in 24 Hours

**Feb 11: Solana Meme Coin COPPERINUS Hits $11.4M Market Cap, Up 54% in 24H** Per GMGN monitoring data, the Solana-based meme coin COPPERINUS boasts a market cap exceeding $11 million—currently sitting at $11.41 million—with a 24-hour surge of more than 54%. Earlier reports note that on January 27, Echo XYZ founder Cobie took to X (formerly Twitter) to tweet about “Copper Inu.” The post sparked the launch of multiple similarly named meme coins, “COPPERINU,” on Solana. In his tweet, Cobie stated: “You don’t have to fear waking up one day to find Copper Inu dominating the entire copper market share. They won’t pop up with new tokens to undercut existing values on Pump Fun every few seconds like some digital assets.” BlockBeats urges users to exercise caution: Meme coin trading carries extreme volatility, relying heavily on market sentiment and hype with no inherent value or practical use case. Investors should be mindful of these risks.

Solana Investor Relations Platform Lightspeed to Launch on February 17, Waitlist Now Open

At the Accelerate APAC 2026 conference on February 11, Blockworks-developed Lightspeed — a Solana ecosystem-native investor relations platform — announced it will launch on February 17. The platform supports on-chain token operations, smart contract interactions, wallet integration, on-chain voting, and additional core functionality. User waitlist sign-ups are now open.

Kyle predicts that Solana's advancement will surpass any in history, becoming the on-chain cornerstone of sophisticated financial applications

On February 11, former Multicoin co-founder Kyle Samani predicted Solana’s microstructure advancements over the next 18 months will outpace any prior period in crypto history. Key highlights to watch include: **Alpenglow**: A major upcoming consensus mechanism upgrade—one of Solana’s largest protocol-level changes ever. It simplifies consensus logic drastically, cutting block finalization time from ~12 seconds to 100–150 milliseconds, while removing legacy components like Proof of History and Tower BFT. New block propagation and voting mechanisms will deliver ultra-low latency infrastructure for high-frequency financial apps. **ACE (Application Control of Execution)**: A core innovation on Solana’s roadmap. Unlike traditional blockchains where validators/block producers fully control transaction ordering, ACE lets smart contracts/apps set their own transaction order, settlement logic, and priorities. This lets Solana DeFi apps customize their market microstructure—e.g., order mat

Goldman Sachs Trims Nearly 40% of Bitcoin ETF Holdings in Q4, Ups XRP and Solana ETF Holdings

February 11 — Goldman Sachs sharply cut its holdings of spot Bitcoin and Ethereum ETFs in Q4 2025, per the latest 13F filing with the U.S. Securities and Exchange Commission (SEC). As of Dec. 31, 2025, the firm held ~21.2 million spot Bitcoin ETF shares, worth ~$1.06 billion — a 39.4% drop from its Q3 2025 stake. For spot Ethereum ETFs, it held 40.7 million shares (valued at ~$1 billion), down 27.2% from the prior quarter. During the quarter, Goldman launched new positions in spot XRP and Solana ETFs, holding ~$152.2 million in XRP ETFs and ~$108.9 million in Solana ETFs. The moves came amid a broader crypto market slump in Q4 2025. Bitcoin’s price fell from ~$114,000 at end-September 2025 to ~$88,400 by year-end; Ethereum dropped from $4,140 to $2,970. Spot Bitcoin ETFs saw net outflows of $1.15 billion in the quarter, while spot Ethereum ETFs recorded net outflows of $1.46 billion.

Gold Token XAUm Launches on Solana Network

Official sources confirm that Matrixdock’s gold-backed token XAUm is now live on the Solana network as of February 9. The LBMA-certified token is fully backed, audited, and redeemable.

Circle Issues an Additional 250 Million USDC on Solana

Whale Alert: Circle minted 250M USDC on Solana at 19:20 Beijing time on February 9th.

Solana Ecosystem Meme Coin PIPPIN Continues Surge, Up 54%, Market Cap Now at $290M

On February 9, per GMGN monitoring, Solana ecosystem meme coin PIPPIN has been climbing since early yesterday. Its market cap has jumped from roughly $180 million to $290 million, currently trading at ~$0.292—up 54% over the past 24 hours. Prior to that, the token saw a steady decline between Jan. 28 and Feb. 1, hitting a low of $0.15. BlockBeats advises users that meme coin trading is extremely volatile—often fueled by market sentiment and speculative hype—and lacks real-world value or utility. Investors should exercise caution.

FWDI stands for Front-run When Defending the Initiative, bullish on Solana in the long term

February 8th, Ryan Navi—Chief Information Officer (CIO) of Forward Industries (FWDI), the largest Solana treasury firm—stated that market mispricing is creating opportunities. FWDI has no debt, and in the event of industry liquidity stress, it will pursue an offensive strategy to consolidate other SOL treasury companies. Currently, Forward holds nearly 7 million SOL, more than the combined holdings of the next three closest competitors. Navi emphasized: “A leveraged balance sheet is the true advantage in the crypto treasury market. While others operate defensively, Forward will take the initiative. It will remain unleveraged and debt-free, viewing Solana as a long-term strategic infrastructure investment rather than short-term speculation.”

SushiSwap will integrate with the Solana blockchain, supporting cross-chain asset swaps between Sol and EVM.

February 8th: Sushi General Manager Alex announced that SushiSwap has partnered with Jupiter to integrate with the Solana blockchain. The integration supports on-chain transactions on Solana and cross-chain swaps between Solana and EVM networks, allowing users to trade meme coins, tokenized stocks, RWA assets, and more via SushiSwap on Solana. It will officially launch on February 9th.

Solana Ecosystem Meme Coin Buttcoin Market Cap Hits New High Against the Trend, Diamond-Handed Whale Realizes Over $500,000 in Unrealized Gains

Circle has minted an additional 1.5 billion USDC on the Solana network in the last 9 hours

On February 7th, Onchain Lens monitoring shows Circle minted an additional 1.5 billion USDC on Solana over the past 9 hours. To date, Circle’s total USDC issuance on the Solana network has reached $14.75 billion as of 2026.

Solana Treasury Corp Upexi to Raise $7.4M in a Private Placement

On February 6, Nasdaq-listed Solana treasury firm Upexi announced it has finalized an agreement with an institutional investor to sell and issue 6.337 million shares of common stock and warrants at $1.17 per share, raising $7.4 million. The net proceeds from the offering will fund working capital, general corporate needs, and expand its SOL token investment strategy. AGP/Alliance Global Partners is the sole placement agent for the transaction. (Source: Globenewswire)

Solana co-founder avatar updated with Backpack element, possibly hinting at Backpack TGE approaching

**Feb. 4 Update:** Solana co-founder Toly has updated his X profile avatar, adding laser eyes and backpack details to his original Moonbird derivative avatar—a move the community is interpreting as hinting at an upcoming Backpack TGE. This follows a Jan. 27 shift where Toly swapped his profile picture to a derivative of the Moonbird NFT series, with Moonbird launching its TGE the very next day (Jan. 28).

ING Germany to Open Retail Bitcoin, Ethereum, and Solana ETP Investment Channel

On February 3, ING Deutschland (ING Germany) launched access for retail customers to invest in cryptocurrency-related Exchange Traded Notes (ETNs/ETPs) via its Direct Depot platform. The offering supports investments in digital assets including Bitcoin, Ethereum, and Solana. ING noted the products are physically backed instruments issued by firms like 21Shares, Bitwise, and VanEck, and trade on regulated exchanges. This lets clients gain exposure to cryptocurrencies without managing wallets or private keys themselves. The bank also warned these products carry risks such as price volatility, issuer risk, liquidity issues, and regulatory uncertainty. It added that in Germany, the tax treatment for these ETNs mirrors directly holding cryptocurrencies—holdings of over one year may qualify for a capital gains tax exemption. (Source: The Block)

FOMO(@tryfomo) shows that Mello (@mellometrics), head of Solana at @worldlibertyfi, spent $18.9K to buy 831,370 $WAR.

FOMO(@tryfomo) shows that Mello (@mellometrics), head of Solana at @worldlibertyfi, spent $18.9K to buy 831,370 $WAR.

Circle to Issue 750 Million USDC on the Solana Network

Feb. 3 — On-chain data shows Circle has just minted an extra 7.5 billion USDC on the Solana network.

The AI Agent platform Bankr has now added support for issuing tokens on the Solana network

Official sources confirm that as of February 2, the AI Agent platform Bankr now supports token issuance on the Solana blockchain. The AI agent can issue tokens by operating on Raydium, with key details below: - Token issuance follows a bonding curve, and the token creator (or their delegate) must pay a 0.5% fee. - Post-migration, 50% of transaction fees will go to the creator (or their fee delegate), 40% to Bankr, and 10% will be burned.

Influenced by Circle's CEO remarks, Solana-based token PURCH saw its market value surge to $19 million in the short term before pulling back.

On February 2nd, per GMGN monitoring, Solana’s on-chain token PURCH saw a rapid surge in market capitalization driven by Circle CEO Jeremy Allaire’s mention of the Purch project on X. It topped out at $19 million briefly before plummeting sharply. Currently, PURCH has a market cap of roughly $7.5 million, trades at around $0.0075 per token, and remains up 420% over the past 24 hours. BlockBeats advises users that meme coin trading is extremely volatile—often fueled by market sentiment and speculative hype—with no inherent value or practical use case. Investors are urged to exercise caution.

Solana-based Meme Coin Buttcoin Surpasses $29 Million in Market Cap, Soaring 140% in 24 Hours

On February 2nd, GMGN monitoring data indicates that Solana-based meme coin Buttcoin surged again this morning. At one point, its market cap hit $29.9 million; it now holds steady at $27 million, with a price of ~$0.027 and a 140% 24-hour gain. The token has only been live for 23 days. BlockBeats reminds users: Meme coins are highly volatile, driven largely by market sentiment and meme culture, with no real value or use case. Investors should exercise caution.

Jupiter Announces Launch of Solana Ecosystem Explorer

On January 31, Jupiter launched its Solana Ecosystem Explorer — a tool integrating data from Solscan and DefiLlama to build a discovery layer for the entire Solana ecosystem. Users can now access unified project overviews via a single dashboard, with support for: - Project financials (fees, revenue, TVL) - Social media presence (tweets, follower counts, updates) - User activity (trades, growth metrics) - Products and tokens

Solana Co-founder: 1011 Market Crash Could Signal Start of 18-Month Bear Market

On January 31, Solana co-founder Toly took to social media to note that if we’re lucky, the October 11 market crash could kick off an 18-month bear market—one during which we can build new things in the crypto space.

CZ has unfollowed Solana co-founder Toly's X account

On January 31, Binance founder CZ (Changpeng Zhao) has unfollowed Solana co-founder Anatoly "Toly" Yakovenko on X. Earlier this morning, Toly retweeted a post from OKX Star that questioned Binance, sarcastically commenting: "It only recovered 18 months after the incident" — referencing SOL, which has surged back to its 2021 bull market levels 18 months following the FTX collapse.

Solana Ecosystem Meme Coin ELON Market Cap Surges to $17.4 Million, Reaching an All-Time High

January 30: Per GMGN market data (link: https://gmgn.ai/sol/token/i_m4TE56o8_2akXpuyFXAVN5YofZpZMfBp2Vxognpmv9NooBMuHpump), Solana ecosystem meme coin ELON briefly topped a $17.4 million market cap, hitting a new all-time high (ATH). Its market cap has since corrected to $11.98 million, with a 126% price surge over the past hour. BlockBeats Note: Most meme coins lack practical use cases and face extreme price volatility. Exercise caution with asset protection and avoid FOMO (fear of missing out).

Solana Mobile: 40% of SKR Claimed Already Staked, SKR Purchase for Seeker Mobile with 50% Discount

On January 30, Solana Mobile officially announced that over 1.8 billion SKR tokens have been distributed to nearly 72,000 wallets since the token’s TGE, with over 40% of claimed SKR already staked. SKR tokens can now be used to purchase a Seeker phone at a 50% discount. Going forward, the SKR ecosystem will prioritize staking and dApp integration.

Solana Validator Node Count Decreases by 68% in Three Years, Small Nodes Priced Out

Cointelegraph reported on January 29 that data shows the number of validator nodes on the Solana network has dropped sharply—from a March 2023 high of 2,560 to the current 795, a 68% decline—sparking market concerns about the network’s decentralization. Industry insiders note that beyond purging “zombie nodes,” the core driver is the ongoing rise in operating costs plus zero-fee competition from large nodes, which is systematically squeezing out small and medium-sized validators. One independent validator operator said many small nodes aren’t bearish on Solana, but the economic model is no longer sustainable: “Without economic viability, decentralization becomes a charitable act.” Meanwhile, Solana’s Nakamoto Coefficient has fallen from 31 to 20 over the same period, a roughly 35% drop—indicating staked SOL control is shifting toward concentration in a handful of large nodes, reducing the network’s decentralization. Cost details include: - A minimum of $49,000 worth of SOL i