‘If you want to be great, make enemies’: Solana economist Max Resnick
Solana economist Max Resnick is OK with making enemies in the pursuit of what he thinks is the optimal course of action for ETH and SOL.
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‘If you want to be great, make enemies’: Solana economist Max Resnick
Solana economist Max Resnick is OK with making enemies in the pursuit of what he thinks is the optimal course of action for ETH and SOL.
Solana slips below $130, but onchain data suggests SOL remains bullish
Even as SOL price drops, whale accumulation amid declining exchange supply and strengthening onchain metrics point to a potential for recovery. Solana (SOL) price dropped below $130 for the first time since Jan. 2 as onchain data suggested that a strong recovery could be in the cards for the top-10 altcoin. Key takeaways: SOL dips below $130 amid marketwide pullback, but whales remain confident as they load up more tokens.
Solana's stablecoin market cap surges by $900M in 24 hours
Stablecoins are emerging as critical infrastructure across both decentralized and traditional financial applications worldwide. The market capitalization of stablecoins on the Solana layer-1 blockchain surged by $900 million over a 24-hour period on Tuesday. Stablecoins, blockchain tokens backed by fiat currency or debt assets, surged to a market cap of $15.3 billion on the Solana network, according to DeFiLlama. The dramatic surge came as decentralized finance platform Jupiter launched its JupUSD stablecoin, developed in partnership with synthetic stablecoin issuer Ethena.
Ethereum and Solana clash over what blockchain resilience really means
Vitalik and Solana's Yakovenko outline competing ideas about resilience, exposing deeper trade-offs between sovereignty, speed and economic design. Ethereum and Solana are not only separated by questions of scalability, they are increasingly divided by competing visions of what blockchain networks must be built to withstand in the future. Recent remarks from the co-founders of each network revealed two competing definitions of “resilience,” rooted in different assumptions about risk, infrastructure and the future shape of blockchain adoption. In an X post revisiting Ethereum’s Trustless Manifesto, co-founder Vitalik Buterin framed resilience as protection against catastrophic failure, including political exclusion, infrastructure collapse, developer disappearance and financial confiscation…
Solana enters 2026 with last-minute boost in RWA momentum
Solana finished the year with record tokenized RWA activity and strong inflows into Solana ETFs, which could push SOL toward new highs in 2026. Solana appears poised to expand from its memecoin-focused, retail-dominant network this year, after posting record real-world asset tokenization activity in December. Data from RWA.xyz shows the value of tokenized RWAs on Solana increased nearly 10% over the last month to a record-high $873.3 million, while the number of Solana RWA token holders rose over 18.4% to 126,236 over the same timeframe. The majority of these RWAs back US Treasuries, such as the BlackRock USD Institutional Digital Liquidity Fund and the Ondo US Dollar Yield, which boast market caps of $255.4 million and $175.8 million, respectively.
Solana and Ethereum can coexist in tokenization race: Dragonfly VC
Dragonfly’s Rob Hadick says “there’s a lot of room” in crypto for more than one blockchain as networks race to win market share of tokenized assets. Solana and Ethereum will both thrive in the tokenization race and neither blockchain will push the other out of the space, says Dragonfly general partner Rob Hadick. “They are both Facebook,” Hadick told CNBC’s “Squawk Box” on Wednesday, when asked which blockchain will gain market dominance like social media platform Facebook or fall behind like the once-popular MySpace. Hadick said that with growing interest in tokenization and increasing economic activity onchain, there’s room for multiple blockchains to coexist.
How Ondo Finance plans to bring tokenized US stocks to Solana
Ondo plans to launch tokenized US stocks and ETFs on Solana in 2026, using custody-backed assets, onchain transfers and embedded compliance. Ondo plans an early 2026 rollout of tokenized US stocks and ETFs on Solana. The tokens are custody-backed. Underlying securities sit with US-registered broker-dealers, while onchain holders receive economic exposure rather than shareholder rights. Minting and redemption are designed to keep tokens anchored to real assets on a 24/5 basis, while transfers and trading can operate 24/7.
Solana AI token Ava hit by launch sniping tied to deployer: Bubblemaps
Bubblemaps says 23 wallets tied to the Ava deployer sniped 40% of the AVA supply at launch. The Solana AI token later fell 96% from its peak. Blockchain analytics firm Bubblemaps said a cluster of 23 wallets linked to the deployer of the Solana-based AI token Ava accumulated around 40% of the token’s supply at launch, raising new questions about insider coordination around the project’s debut. The sybil wallet cluster related to the deployer shared similar patterns, including being funded in a tight time window through Bitget and Binance, receiving similar amounts of Solana (SOL) and having no blockchain activity before buying up the Ava AI (AVA) token supply at launch, Bubblemaps claimed in a Thursday X post. “Connected to these snipers are other wallets that also bought $AVA early. Simil…
SOL price action lags the wider altcoin market: Is Solana’s heyday over?
SOL falls behind multiple altcoin competitors as its onchain activity, fee and DApp revenues slump. Cointelegraph explains why. Key takeaways: SOL lagged the altcoin market as falling fees and DApp revenues signaled weaker Solana network demand. Growth shifted to Base, Arbitrum, Polygon and BNB Chain, reducing the odds of a near-term SOL rebound.
Solana TVL hits $8.6B six-month lows: Is $80 SOL price next?
SOL traded 52% lower than its $255 highs reached on Sept. 18, as onchain data and a bearish pattern suggested that SOL investors risked further losses. Solana’s native token, SOL (SOL), fell 52% from Sept. 18 to Nov. 21, following the broader altcoin market crash that saw Bitcoin hit a seven-month low of $80,000. As a result, SOL price has lost key long-term support levels, with onchain and technical data suggesting a deeper correction below $100. Key takeaways: Solana's total value locked dropped to a six-month low of $8.67 billion.
Solana tests quantum-resistant transactions in new Project Eleven pilot
Solana has partnered with a security company to test quantum-resistant technology on a Solana testnet, claiming to offer a scalable end-to-end solution. The Solana Foundation announced a partnership with Project Eleven, a post-quantum crypto security company, to prepare Solana for the rise of quantum computing. According to a Tuesday announcement, Project Eleven led a full quantum computing threat assessment on Solana and prototyped a functioning Solana testnet using post-quantum digital signatures. The announcement claimed that its testnet implementation showed “end-to-end quantum-resistant transactions are practical and scalable.” This is a notable claim, given that post-quantum cryptography is expected to be more computationally expensive than traditional alternatives. Solana had not re…
Solana enters Brazil’s main exchange as Valour expands regulated crypto access
The Solana-linked product expands Valour’s Brazil footprint as demand for regulated crypto exposure grows among regional investors. Valour, a subsidiary of publicly listed digital asset company DeFi Technologies, has received approval to launch a Solana exchange-traded product (ETP) in Brazil, offering local investors regulated exposure to one of the largest cryptocurrencies by market capitalization as institutional interest in the region continues to grow. The product, Valour Solana (VSOL), is scheduled to begin trading on Wednesday following approval from Brazil’s main stock exchange, Brasil, Bolsa, Balcão (B3 S.A.), DeFi Technologies announced Tuesday. The Solana (SOL) product will join Valour’s expanding lineup of Brazil-listed ETPs, which already provide exposure to Bitcoin (BTC), Eth…
Visa launches USDC settlement for US banks on Solana blockchain
Visa launched USDC settlement for US financial institutions, starting with Cross River and Lead Bank on Solana, with a wider rollout planned for 2026. Payment processing giant Visa has launched USDC settlement services for some United States-based financial institutions. Visa said Tuesday that its USDC (USDC) settlement service is available for US financial institutions, with Cross River Bank and Lead Bank as the first participants; they have already begun settling with Visa in USDC on the Solana blockchain, and a broader rollout is expected in 2026. The report follows USDC issuer Circle’s launch of the public testnet for its layer-1 blockchain Arc, with over 100 major partners, including Visa, Mastercard, BlackRock and Goldman Sachs, in late October. Visa noted that it is a design partner…
Solana under ‘industrial scale’ DDoS attack: Co-founder says it’s ‘bullish’
Solana co-founder Anatoly Yakovenko claims the network is facing an industrial-scale 6 Tbps DDoS attack that has shown little visible impact. Solana co-founder Anatoly Yakovenko and several accounts tied to the network’s ecosystem said this week that Solana had been hit by a large distributed denial-of-service attack, with some posts citing traffic that peaked near six terabits per second (Tbps). Yakovenko wrote in a Dec. 9 X post that Solana was under a six Tbps distributed denial-of-service (DDoS) attack. Earlier on Tuesday, Solana Labs co-founder and president Raj Gokal suggested the attack was still ongoing. Cointelegraph was unable to independently verify the attack or its scale. Also on Tuesday, the CEO of Solana-based decentralized physical infrastructure network (DePIN) project Pip…
Singapore-licensed StraitsX to bring its SGD, USD stablecoins to Solana in 2026
StraitsX will expand its Singapore dollar and US dollar stablecoins to Solana by early 2026, targeting payments, DeFi and AI use cases. Singapore-based StraitsX plans to bring its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026. The rollout, announced in collaboration with the Solana Foundation, will allow users to settle transactions in Singapore dollar- and US dollar-backed stablecoins using Solana’s high-speed, low-cost infrastructure, the issuer said in a Tuesday blog post. “Launching XSGD and XUSD together on Solana will be game-changing. It unites CEX support, AMM liquidity, lending pools, and everyday payments on a single high-performance chain,” said Tianwei Liu, co-founder and CEO of StraitsX.
SOL struggles as Solana TVL slides and memecoin demand fades
SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation. Key takeaways: SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions. Solana DApp revenues and DEX activity have weakened sharply, suggesting broader market fatigue even as Solana’s ecosystem grows.
Figure Technology files ‘second IPO’ to bring native equity issuance to Solana
Figure is planning a second IPO to issue blockchain-native equity on Solana, enabling onchain trading and DeFi use cases beyond traditional stock markets. Figure Technology, a blockchain-based financial services company focused on tokenized assets and lending, has filed for a second public offering aimed at issuing native equity directly on a public blockchain. The move, which follows the company’s recent Nasdaq listing, is designed to expand decentralized finance (DeFi) use cases on Solana. Speaking at the Solana Breakpoint conference, Figure executive chairman Mike Cagney said the company has submitted a filing with the US Securities and Exchange Commission (SEC) to launch what he described as “a new version of Figure equity on a public blockchain,” specifically Solana. Cagney said the b…
Sei wallets in Xiaomi, Bhutan’s gold on Solana: Asia Express
Sei preloads crypto wallets in future Xiaomi smartphones. Bhutan launches gold tokens on Solana. Asia Express Layer-1 blockchain Sei has announced that it is developing crypto wallets that will be pre-installed into future Xiaomi smartphones sold outside the US and China. Sei said the forthcoming app will let users access wallets and decentralized applications with their Google or Xiaomi IDs. It will also support peer-to-peer transfers and consumer payments. The initial rollout will target regions where Xiaomi holds a large mobile market share and where crypto adoption is already established, including Europe, Latin America, Southeast Asia and Africa.
J.P. Morgan taps Solana for Galaxy’s tokenized corporate bond issuance
The tokenized commercial bond is one of the earliest transactions of its kind in the budding sector of onchain debt and credit instruments. Financial services company J.P. Morgan announced on Thursday that it arranged a $50 million onchain US commercial paper issuance for Galaxy Digital Holdings on the Solana blockchain, one of the earliest debt deals executed on a public network in the United States. The offering, a tokenized short-term corporate bond, was tokenized by J.P. Morgan. According to the company, it created the corresponding blockchain token for the bond and handled the settlement of the primary issuance. The tokenized securities were sold to asset manager Franklin Templeton and crypto exchange Coinbase, while issuance and redemption will be paid in Circle’s USDC (USDC) dollar-…
