Solana (SOL) — Onchain News & Whale Tracking

Solana Company's Board of Directors Approves $100 Million Common Stock Repurchase Plan

On November 5th, as per globenewswire, Solana Company (Nasdaq: HSDT) made an announcement today. The company's board of directors has given the green light to a stock repurchase plan under which up to $1 billion of its issued common stock can be repurchased. This stock repurchase plan is open-ended. The company has the flexibility to repurchase its shares on the open market or through negotiated transactions at various times.

Grayscale Announces Zero Solana Trust Management Fee Until Fund AUM Reaches $1 Billion

On November 5th, according to official information, the digital asset investment platform Grayscale Investments announced today that it will waive the sponsor fee for the Grayscale Solana Trust ETF (with the ticker: GSOL) and reduce relevant fees during the staking period. This waiver will last for a maximum of three months or until the fund's assets under management (AUM) reaches $1 billion, whichever occurs first. The fund has currently staked up to 100% of SOL, offering a staking yield of 7.23%. The fee waiver policy is applicable to both new investors and existing GSOL investors.

Solana Ecosystem Meme Coin 1 Surpasses $30M Market Cap, Hits All-Time High

On November 5th, based on GMGN market data, within the Solana ecosystem, the Meme coin 1 coin that can change your life (1) has exceeded a market capitalization of 30 million US dollars. It is currently trading at 31.12 million US dollars, reaching a new all-time high with a 24-hour increase of 59.68%. According to on-chain data, the official WLFI treasury address received 10.84 million Solana ecosystem Meme coin 1 coins 15 hours ago, and it is now valued at approximately 239,000 US dollars.

Orama Labs' first OCM project ZENO has landed on Solana, simultaneously launching the ZENO Scene's first developer MVP version.

On November 3rd, Orama Labs' first project, ZENO, which pioneered the OCM (Onboarding Community Market) model, successfully launched on the Solana network and simultaneously released the first developer MVP version of ZENO Scene. This launch attracted a total of $3.5 million in PYTHIA staking participation, marking a significant breakthrough for this on-chain access framework specifically designed for high-quality Web2 enterprises/teams. ZENO is a comprehensive platform dedicated to building a persistent digital layer of the physical world, aiming to connect the real world with the dynamic virtual world through a standardized system. As the first flagship case of the OCM model, ZENO has demonstrated the full capabilities of this framework in technical integration, community building, and value alignment. Through the successful practice of the OCM model, Orama Labs has provided a replicable on-chain transformation path for Web2 enterprises/teams with mature business models and technic

Bitwise Solana Staking ETF "BSOL" Sees $417 Million Net Inflows This Week

On November 2nd, Bloomberg ETF analyst Eric Balchunas disclosed data showing that Bitwise's Solana Staking ETF "BSOL" had a net inflow of $417 million during this week. This net inflow was significantly higher than that of all other crypto ETPs. Furthermore, it ranked 16th in the overall market's weekly fund flow ranking.

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

On November 1st, according to Nansen data, the top five blockchains in terms of the number of active addresses over the past 7 days are: Solana (15.873 million), Tron (13.241 million), BNB Chain (11.779 million), Aptos (7.634 million), and Sei (4.281 million).

Solana Ecosystem OG Meme Token Rebounds, a16z 24h Gain 28.4%

On November 1st, according to GMGN data, some of the well-known Meme tokens in the Solana ecosystem witnessed a rebound. These include: The 24-hour change of ai16z is +28.4%, and its current market cap is $94 million. The 24-hour change of ARC is +16.7%, with a current market cap of $17 million. The 24-hour change of Pnut is +6.2%, and its current market cap is $1.28 billion. The 24-hour change of SEND is +13.5%, and its current market cap is $4.3 million. The 24-hour change of AVA is +14.2%, with a current market cap of $16 million. The 24-hour change of BUZZ is +8.6%, and its current market cap is $2.7 million.

The USDC Treasury has minted an additional 500 million USDC on the Solana blockchain.

On November 1st, as monitored by Whale Alert, the USDC Treasury minted an additional 5 billion USDC on the Solana blockchain through two separate transactions within a period of 3 minutes.

Bitwise's Solana Spot ETF Sees $152.5M Net Inflows in First 3 Days

On October 31st, based on Farside Investors' monitoring, Bitwise's Solana Spot ETF BSOL witnessed a net inflow on a daily basis during the initial three trading days after its listing. The total net inflow during this period amounted to $152.5 million.

Grayscale Executive: U.S. Solana Spot ETF Expected to Capture 5% of Total Supply in the Next Two Years, Inflows Could Reach $5 Billion

October 31st: As per DL News, Zach Pandl, who is the Head of Research at Grayscale, forecasted that a US Solana spot exchange-traded fund (ETF) could replicate the achievements of Bitcoin and Ethereum products and absorb at least 5% of Solana's total token supply within the next one to two years. Given the current price, this would imply that more than $5 billion worth of Solana tokens could be absorbed by companies like Grayscale and Bitwise. This week, two Solana ETFs officially began trading. Bitwise's BSOL was launched on Tuesday, and Grayscale's GSOL was listed on Wednesday. In contrast to Bitcoin ETFs, Solana ETFs support staking with an annualized yield of approximately 5.7%.

Binance will conduct a wallet maintenance on the Solana network on October 30 at 15:00 UTC

On October 30th, according to an official announcement, Binance will be carrying out wallet maintenance on the Solana network (SOL) at 15:00 (UTC+8) on October 30th, 2025. In order to support this maintenance, Binance will halt deposits and withdrawals for the Solana network (SOL) starting from 14:55 on October 30th, 2025 (UTC+8). The maintenance is anticipated to last for 1 hour, and the deposit/withdrawal services will resume automatically after the maintenance is completed.

USDC Treasury Mints an Additional 250 Million USDC on the Solana Blockchain

On October 30th, as monitored by Whale Alert, the USDC Treasury has minted an additional 250 million USDC on the Solana blockchain, with a value of approximately $249,948,875.

A certain Solana ancient whale transferred 200,000 SOL to Coinbase Prime

On October 30th, according to Arkham analyst Emmett Gallic, a Solana ancient whale address transferred 200,000 SOL (presently valued at $40 million) to Coinbase Prime. A few years ago, specifically 5 years ago (just 5 months after the Solana mainnet was launched), this address received 222,000 SOL from an address labeled as the "Solana: Non-Circulating Supply". At that time, the price of SOL was only $1.68.

Publicly traded company Solana Company disclosed its additional $20 million SOL holdings

On October 30th, the Nasdaq-listed company Solana Company (stock code HSDT, formerly known as Helius Medical Technologies) continued to increase its holdings of Solana (SOL) this month, as announced on Wednesday. The company added approximately 100,000 SOL, with a value of around $20 million, bringing its total SOL holdings to more than 2.3 million tokens. The company also disclosed that its staking yield averages over 7%, which is slightly higher than the average level of approximately 6.7% for the top ten validators. Despite the significant appreciation of on-chain assets, the stock price of HSDT has plummeted by more than 50% in the past month. According to Google Finance data, on Wednesday, its trading price was close to $6.75, a sharp decline from the high of over $14 at the beginning of October.

Bitwise's Solana ETF Sees Over $70 Million in Trading Volume on Second Day

On October 30th, as per The Block, the United States' first Solana spot ETF - Bitwise Solana Staking ETF (ticker BSOL) - set a new record for the highest trading volume among nearly 850 new ETFs launched this year on its first day, and its performance was even stronger on the second day. The trading volume of BSOL on Wednesday reached $72.4 million, further surpassing the record of $56 million on the first day. Bloomberg's Senior ETF Analyst Eric Balchunas wrote on the X platform, "A trading volume of $72 million is very remarkable and is a good indication." He also stated that the trading volumes of the Canary Litecoin ETF (LTCC) and the Canary HBAR ETF (HBR) were approximately comparable to those on Tuesday, which were around $8 million and $1 million respectively. Balchunas said that these figures are quite outstanding and pointed out that the trading volume of most ETFs will decline after the initial hype. In addition, Grayscale launched its Solana Staking ETF (GS

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

On October 29th, as monitored by Whale Alert, the USDC Treasury has just minted an additional 2.5 billion USDC on the Solana blockchain.

Solana Foundation has increased its holdings by approximately 1 million SOL in the past two weeks, bringing its total holdings to over 2.3 million SOL.

On October 29th, the U.S. Stock SOL Crypto Treasury (DAT) company, Solana Company, updated its SOL token holdings. It added approximately 1 million SOL in the past two weeks. Currently, the holdings have exceeded 2.3 million SOL, which is worth about 230 million U.S. dollars. In addition, Solana Company also disclosed that it holds over $15 million in cash and stablecoins. It has plans to use these funds to advance its crypto treasury strategy.

Play Solana: TGE Date for the PLAY Token to Be Announced Soon

On October 29th, Play Solana made an announcement stating that the TGE (Token Generation Event) date of the PLAY token is about to be disclosed. Furthermore, its Solana-based gaming handheld console PSG1 has achieved sales of over 10,000 units and is currently in the shipping process. Before this announcement, Play Solana revealed that the first-generation gaming handheld console PSG1 would issue the PLAY token. The presale of the token took place on October 14th, with a 56% community allocation. The price for Play Solana community members was $0.016 per token, while for regular users, it was $0.020 per token.

Solana-based Perpetual DEX Pacifica Launches Monad (MON) Perpetual Contract Trading, with Up to 3x Leverage Available Pre-Market

Fosun International Securities Becomes First Asia-based Solana ETF Authorized Participant Broker

On October 29th, according to official channels, Fosun Wealth Holdings Limited ("Fosun Wealth Holdings"), which is a subsidiary of Fosun International Limited ("Fosun International"), announced that it has now become the sole Asian Solana ETF Authorized Participant for the "Huaxia Solana ETF" (Stock Code: 3460.HK). It will provide in-kind and cash creation/redemption services to enable institutional and individual investors to seize opportunities at the forefront of the digital asset field. This ETF is issued by Huaxia Fund (Hong Kong) Limited and is the first Solana spot ETF approved by the Hong Kong Securities and Futures Commission. After Bitcoin and Ethereum, it is the third type of cryptocurrency-based spot ETF to be approved in Hong Kong, signifying another significant milestone in the Asian market's financialization of digital assets. The fund was listed on the Hong Kong Stock Exchange on October 27th, further enhancing the local digital financial product portfolio and solidify

Grayscale's Solana Trust ETF (GSOL) will begin trading on the NYSE tomorrow

On October 29th, it was announced that the Grayscale's Solana Trust ETF (GSOL) will start trading tomorrow on the New York Stock Exchange Arca. This makes it the second Solana ETF to be launched this week. This ETF will offer US stock market investors a direct way to invest in SOL, including potential staking rewards.

Bitwise Solana Staking ETF "BSOL" Achieves $56 Million in Trading Volume on First Day of Listing

On October 29th, Bloomberg ETF analyst Eric Balchunas disclosed data showing that on the first day of listing, the trading volume of Bitwise's Solana Staking ETF "BSOL" was $56 million. The HBAR ETF (HBR) of Canary and the Litecoin Spot ETF recorded trading volumes of $8 million and $1 million respectively. The $56 million first-day trading volume of BSOL is the highest among all new ETFs listed this year, surpassing products such as XRPR, SSK, Ives, and BMNU. The ETF had an initial investment of $220 million. If all the initial capital was invested on the first day, the fund size would reach approximately $280 million, indicating a strong start.

WSJ: Western Union to Issue Stablecoin on Solana Blockchain in 2026

On October 29th, as per the report in The Wall Street Journal, the payment giant Western Union has now also entered the cryptocurrency arena. It will partner with Anchorage to issue a stablecoin on the Solana blockchain by 2026 and launch a wallet through the digital asset network.

Solana Chinese Community: The Shenzhen event has been voluntarily canceled at the final stage due to public safety concerns

On October 28th, the Solana Greater China community organization Solar declared that the participation at the Accelerate APAC event in Shenzhen exceeded expectations by a wide margin. Owing to the actual overcrowding situation within the venue, for the sake of public safety, the Solana team made the decision to cancel the final hackathon demo showcase session at 5 p.m.

Some Solana Ecosystem Meme Coins saw significant gains today, with CHILLHOUSE surging over 130% in a single day.

Grayscale has announced that its Solana Trust now supports staking functionality

On October 28th, Grayscale announced that the Grayscale Solana Trust (with the ticker: GSOL), which is the largest publicly traded Solana spot fund in the United States, is now available for SOL exposure investment in certain US brokerage accounts and supports staking functionality.

Bitwise has announced the launch of the Solana Staking ETF "BSOL".

On October 28th, Bitwise made an announcement regarding the launch of the Solana Staking ETF "BSOL," which is set to commence trading officially tomorrow. · It is the first U.S. ETP to directly hold 100% of the spot SOL. · It maximizes Solana's average staking yield, which is over 7%. · It aims to achieve 100% asset participation in staking. · The staking is carried out through Bitwise Onchain Solutions and is supported by Helius. · There is a fee waiver for a limited period, with a 0% fee rate. Investors can obtain exposure to Solana's growth potential and an average 7% staking yield simultaneously by means of BSOL.

Hong Kong's First Solana Spot ETF Listed Today, with an Initial Size of 21.29 Million HKD

October 27th: In Hong Kong, the first Solana spot ETF, the Huaxia Solana ETF, was officially listed on the HKEX. It became the third type of cryptocurrency spot ETF approved by the Hong Kong Securities and Futures Commission, following Bitcoin and Ethereum. According to SoSoValue data, on the first day of trading, the trading volume was 11.39 million Hong Kong dollars, and the total asset net value was 21.29 million Hong Kong dollars, equivalent to approximately 13,461 SOL. There was a Hong Kong dollar over-the-counter closing discount of -0.60%, indicating stronger selling pressure. From the perspective of first-day trading volume, it was about half of the trading volume of the Hong Kong Ethereum spot ETF listed on April 30, 2024 (when three products were listed simultaneously). The Huaxia Solana ETF is issued by Huaxia Fund (Hong Kong) and was approved by the Hong Kong Securities and Futures Commission on October 22nd. Its features include: supporting cash or in-kind creation and r

Circle has minted an additional 750 million USDC on the Solana network in the past 1 hour.

On October 27th, as observed by LookOnChain's monitoring, Circle minted an extra 7.5 billion USDC within the past 1 hour on the Solana network. As of now, since the market crash on October 11th, Tether and Circle have jointly minted a total of 8.5 billion US dollars' worth of stablecoins.

Solana is partnering with Trends.fun to hold the "Solana x402 Hackathon" event

On October 27th, Mable, the founder of Trends.fun, posted on the social platform X suggesting to hold the "x402 Solana Hackathon" event in order to discover promising AI payment projects. This proposal received support from Jacob Creech, who is the head of Solana's global developer ecosystem. Earlier today, toly, the founder of Solana, posted stating that "x402 is very good." This tweet brought toly $5500 USD in creator rewards on the Trends.fun platform. Subsequently, Mable suggested that toly should donate all the creator rewards received on the day of the hackathon to support the x402 Hackathon event.

Circle has minted an additional 250 million USDC on the Solana network

On October 27th, as monitored by Whale Alert, Circle issued an additional 250 million USDC on the Solana network at 20:56:33 Beijing time.

Solana Ecosystem's x402 Concept Token PayAI Hits All-Time High Market Cap, Surging Nearly 150% in 24 Hours

On October 27th, based on GMGN data, within the Solana ecosystem, the x402 concept coin PayAI has exceeded a market capitalization of $58 million and is currently at $58.9 million, with a 24-hour price increase of 147.7%. PayAI Network released an x402 development toolkit based on the Solana network on the 16th. BlockBeats reminds users that relevant token prices are highly volatile, and users should invest with caution.

Solana Co-founder: Currently, all Layer 2 solutions rely on the "upgradable multisig" mechanism, making security guarantees virtually meaningless

On October 27th, the co-founder of Solana, Toly, participated in a discussion on social media and wrote, "The promise of L2 is not equal to the reality of L2. To achieve a full-fledged L2, its code complexity and potential attack surface are extremely large, making it impossible to achieve both vulnerability-free, high performance, and feature completeness simultaneously. For this reason, all current L2 solutions rely on an 'upgrade multisig' mechanism, which makes the security guarantees they originally claimed become illusory. In the worst-case scenario, they all face the same risk as Wormhole. The multisig of L2 can spend all the funds in a cross-chain bridge. The multisig of Wormhole can also spend all the funds in a cross-chain bridge. It's just that simple. Sui's validators cannot unilaterally do anything. Even if they secretly push a patch to their nodes overnight - even if they control 100% of the stake - Binance, Coinbase, Tether, and all uncoordinated RPC nodes will rejec

Marinade CEO: Solana Alpenglow Upgrade Could Reduce Validator Onboarding Barrier

On October 26th, Michael Repetny, the CEO of Marinade Labs, stated that the Solana ecosystem is gearing up for an upgrade by the end of this year or the beginning of 2026. The future plans encompass lowering the validator admission threshold following the Alpenglow upgrade, enhancing bandwidth, and reducing latency. Presently, operating a Solana validator costs approximately $5000 per month, and among this cost, $4000 (80%) is allocated to paying the voting fee. The Alpenglow upgrade is set to substantially reduce these voting fees, enabling a greater number of participants to afford operating a validator node.

Solana Ecosystem's x402 Concept Coin PayAI Surpasses $31 Million in Market Cap, with a 24-hour Price Increase of 39.62%

On October 26th, according to GMGN data, within the Solana ecosystem, the x402 concept coin PayAI has a market capitalization exceeding $31 million. It is currently reported at $31.61 million, with a 24-hour growth rate of 39.62%. PayAI Network released an x402 development toolkit based on the Solana network on the 16th. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should be cautious when investing.

Lily Liu: Solrala embodies the spirit of a Solana builder

On October 24th, Lily Liu, who is the Chair of the Solana Foundation, mentioned in a social media post that when she was explaining it to her family, she described Solana as standing for "a spirit of builders on Solana."

Moonbirds to Open Soul-Bound Token Minting for Solana Mobile Seeker Holders

On October 24th, Moonbirds officially made an announcement that the minting of Soulbound Token (SBT) is open to Solana Phone Seeker holders, Moonbirds, Mythics, and Oddities holders. Each NFT held is entitled to mint 1 SBT, and the minting deadline is November 22nd. It is worth noting that on October 2nd, Moonbirds announced the upcoming launch of the birb token on Solana.

Hong Kong's first Solana spot ETF did not include staking

October 23rd. As per Caixin, the Hong Kong Securities and Futures Commission has given the green light for the listing of the "Huaxia Solana ETF" on the Hong Kong Stock Exchange. Although Hong Kong regulations have permitted cryptocurrency spot ETFs to offer staking services, the issuance of the Huaxia Solana ETF does not incorporate staking. Insiders disclosed that it might be due to the fact that a previous staking service provider, Klin, was suspected of being hacked, resulting in a theft on the Switzerland-based cryptocurrency platform SwissBorg, which led the Hong Kong regulatory agency to think that the staking feature requires a more cautious evaluation.

Osprey Files Solana ETF S-1 with SEC

On October 23rd, as per the filing on the website of the U.S. Securities and Exchange Commission (SEC), Osprey has submitted an S-1 application to the SEC for a Solana exchange-traded fund.

Circle Issues 750 Million USDC on the Solana Network

On October 22nd, as monitored by OnchainLens, Circle has minted 7.5 billion USDC on the Solana network. Since October 11th, Circle has minted a cumulative total of 27.5 billion USDC on the Solana network.

Hong Kong's first Solana ETF, the 「Huaxia Solana ETF」, has been approved and is set to be listed on the Hong Kong Stock Exchange on October 27th.

On October 22nd, as per the Hong Kong Economic Times, the Securities and Futures Commission of Hong Kong has officially given the green light to the first Solana (SOL) spot ETF. This ETF is issued by Huaxia Fund (Hong Kong) and becomes the third cryptocurrency spot ETF to be approved after Bitcoin and Ethereum. It is also the first such product in Asia. The ETF (code: 03460) is scheduled to be listed on the Hong Kong Stock Exchange on October 27th, with a Renminbi counter (83460) and a US Dollar counter (9460). The minimum trading unit is 100 shares, and the minimum investment amount is approximately 100 USD. Its virtual asset trading platform is the OSL Exchange, and the virtual asset's sub-custodian is OSL Digital Securities Limited. The management fee of the ETF is 0.99%, and the annual expense ratio is around 1.99%.

Solana Mobile will stop providing software update support for the first-generation Saga phone.

On October 22nd, Solana Mobile declared that it would discontinue the support for the first-generation crypto smartphone, Solana Saga, and would no longer furnish software updates for it. In the future, only "general consultation" support would be offered. The support cycle of the Saga lasted just over two years, which is significantly shorter than that of Apple's and Google's devices. Currently, Solana Mobile has shifted its focus to the second-generation phone, Seeker, which will receive ecosystem tokens in the future.

Solana ecosystem DEX aggregator Titan has been live for one month, with a total trading volume of approximately $30 billion.

On October 21st, the Solana ecosystem's DEX aggregator Titan announced that since its launch a month ago, the trading volume of its app has neared nearly $3 billion (excluding API). Titan is a Solana-based DEX aggregator that emphasizes optimizing liquidity, enhancing user experience, and ensuring security. Public information indicates that Titan has completed two rounds of funding, raising a total of $10.5 million. The participating institutions and angel investors include Galaxy Ventures, Mirana Ventures, Anatoly Yakovenko, and others.

「Solana Surfer」 Bought In at $7,000 Market Cap, Profited Over 2650x

On October 21st, according to GMGN data, the top address on the "Solana" leaderboard made an investment of $221.29 when the token's market value was $7,000 and has been holding it ever since without selling. The current profit is over $586,000, with a return of more than 2650 times. As of the time of writing, the "Solana" market value is reported to be $17 million. In yesterday's news, the Solana official team posted the project's Chinese name "索拉拉" on social media.

Solana Company's stock price plummeted by 60% in three days, falling below the PIPE pricing level

On October 21st, the Digital Asset Treasury company Solana Company (HSDT) announced that it will permit investors participating in its $500 million PIPE financing round to sell shares ahead of schedule. In the past few days, the company's stock price has nosedived by 60%, dropping below the PIPE pricing level. In recent times, several newly established Digital Asset Treasury (DAT) companies have been raising funds through the PIPE model to purchase crypto assets. However, as stock prices have plunged during the lock-up period, this financing model is coming under significant pressure. Solana Company (HSDT) was formerly Helius Medical Technologies and was backed by Pantera Capital. The company stated that it is unlocking its $500 million PIPE round shares early because its stock price has fallen below the initial purchase price. These shares were initially sold in a private placement in September at a price of $6.881 per share, and the company has now announced that these shares will

Solana Co-Founder Response to "New Perp Dex": Just Randomly AI-Generated Code for Fun

On October 20th, the co-founder of Solana, Toly, responded to rumors on social media about the "possible launch of a new Perp Dex" and said: "I can now understand Andre Cronje's pain. I was just having fun with Claude (Anthropic's AI), trying to see if it could generate a prototype and then testing it with surfpool. Please quickly copy this idea - I want to see if the fierce competition sparked by spot trading desks back then can be replicated in the perpetual contract field: · Develop a perpetual contract DEX program that packs all functions into a memory fragment of a single account and is equipped with an LP/risk/matching engine. · Create a routing coordinator that can automatically rebalance between any number of DEXs. Really, I just accidentally open-sourced a code repository, and the whole world went crazy like a madhouse."

Solana officially announced its Chinese name as "索拉拉".

On October 20th, Solana officially announced the Chinese name of the project "Solala" on social media. It is reported that the "Chinese Name Collection for Solana" event was hosted by Trends.fun. The name "Solala" was proposed by user X muper (@easytopredict), who got inspiration from a post by Solana Foundation Chair Lily Liu. muper stated that he won a prize in the Solana Chinese name event and, as promised, will donate the prize to his Chinese friends.

Market News: Solana Co-Founder Toly May Be Building a Perp DEX Platform

On October 20th, according to market information. Based on github details, it is reported that Solana's co-founder Toly is constructing a decentralized perpetual contract trading platform on the Solana network.

US Stock-Listed Crypto Platform Exodus Launches Common Stock Token on Solana Blockchain

On October 20th, according to official information, the self-custody cryptocurrency platform Exodus Movement, Inc. (NYSE: EXOD) announced today that the company's shareholders can now choose to hold their Exodus Class A shares on the Solana blockchain in the form of common stock tokens with the technical support of the co-transfer agent Superstate. These digital representations are not actual stock entities but rather a digital manifestation of shareholders' existing ownership as recorded by the co-transfer agent. This time, Exodus' landing on Solana is attributed to Superstate's issuance platform "Opening Bell," which enables companies to directly manage tokenized equity on blockchains such as Solana. As the first publicly listed company to offer common stock tokens, Exodus' common stock tokens now coexist on both the Solana and Algorand blockchains, highlighting Exodus' firm dedication to cross-chain functionality (including its own products).

Dark Pool Trading Platform HumidiFi has reached a trading volume of $34 billion in the past month, becoming the largest DEX on Solana

October 20th On-chain dark pool trading platform HumidiFi has emerged as the largest on Solana, setting a record of handling a trading volume of $34 billion within the past month. According to DefiLlama data, HumidiFi has surpassed the $31 billion liquidity protocol Meteora in terms of trading volume and has also outperformed Solana's flagship DEX Raydium ($21 billion). Just three months ago, the daily trading volume of this platform was barely able to break through $1 billion. Dark pool trading platforms (also known as dark pool automated market makers or proprietary market makers) are a kind of trading platform on the Solana blockchain that has witnessed a surge in popularity in recent months. In contrast to the largest decentralized exchange Uniswap, dark pool market makers operate behind the scenes. They usually do not have an official website and do not permit users to provide liquidity to earn exchange fees. These platforms often rely entirely on the liquidity provided by thei