Nansen and Sanctum have launched a universal liquid staking framework on Solana that aims to standardize the chain’s fragmented $11.6 billion staking market. The new system connects multiple liquid staking tokens into a single routing infrastructure while providing real-time analytics, positioning Solana to compete more effectively with Ethereum’s mature staking ecosystem through higher yields and lower transaction costs.
about Solana Launches Universal Staking Router to Challenge EthereumKamino
0 posts last weekSolana Transforms Bitcoin into Dynamic DeFi Asset
Solana’s high-speed blockchain is revolutionizing how Bitcoin is used by transforming it from a static store of value into a dynamic DeFi asset. With 66% of all wrapped Bitcoin traders now on Solana, the network’s low fees and instant settlement are driving massive adoption. This integration unlocks lending, borrowing, and yield opportunities previously unavailable on Bitcoin’s native chain.
about Solana Transforms Bitcoin into Dynamic DeFi AssetSolana TVL Hits Record $12.1B Amid Institutional Surge
Solana achieved a new all-time high of $12.11 billion in total value locked on September 9, surpassing its previous record and marking a 15% monthly increase. The growth was driven by strong performance across Solana’s largest DeFi protocols, with seven of the eight billion-dollar protocols posting double-digit gains. Jupiter leads with $3.3 billion TVL, followed closely by Jito and Kamino. Concurrently, institutional interest is surging, highlighted by Forward Industries’ $1.6 billion SOL investment and multiple ETF filings, including products from VanEck/Jito and Canary/Marinade. Regulatory developments, particularly the SEC’s August statement that liquid staking tokens are not securities by default, have created favorable conditions for staking-enabled ETF approvals, positioning Solana as a top blockchain ecosystem rivaling Ethereum L2s like Base ($4.8B TVL).
about Solana TVL Hits Record $12.1B Amid Institutional Surge$1B Crypto Token Unlocks Threaten Altcoin Prices
Between August 25-31, cryptocurrency markets will experience $998 million worth of token unlocks, with $185 million coming from one-time cliff unlocks and $813 million from linear daily releases. Major unlocks include Sui ($161M), Filecoin ($156M weekly), Solana ($104M weekly), and Optimism ($24M). The influx of new tokens is already impacting prices, with Huma Finance hitting all-time lows and several other tokens showing significant declines. Market analysts are particularly watching Solana and Dogecoin, with SOL rising 10% recently despite BitMEX co-founder Arthur Hayes favoring Ethereum, while DOGE forms a symmetrical triangle pattern that could lead to either a rally to $0.31 or a drop to $0.19 depending on breakout direction.
about $1B Crypto Token Unlocks Threaten Altcoin PricesOnchain Sleuth Links $23M Insider Gains to YZY, LIBRA Launches
An onchain investigation by analyst Dethective has exposed a sophisticated operation extracting approximately $23 million from the YZY and LIBRA token launches through suspected insider trading. The analysis reveals that a YZY sniper wallet purchased $250,000 worth of tokens at $0.20—far below market price—securing over $1 million in profit within minutes. The same treasury wallet received funds from LIBRA sniper wallets that extracted $21 million six months prior, indicating coordinated activity across both launches. Funds were subsequently moved to Kamino and Binance, suggesting attempts to obscure the money trail. This case highlights ongoing vulnerabilities in token launch mechanisms and the growing sophistication of onchain forensic analysis in uncovering market manipulation.
about Onchain Sleuth Links $23M Insider Gains to YZY, LIBRA LaunchesCoinbase Relaunches USDC Fund to Boost DeFi Liquidity
Coinbase has relaunched its Stablecoin Bootstrap Fund, originally introduced in 2019, to strengthen USDC liquidity across key DeFi platforms. The fund will first deploy USDC on Ethereum-based lenders Aave and Morpho, as well as Solana-based trading platforms Kamino and Jupiter. Coinbase aims to expand the fund over time, collaborating with emerging projects to drive stablecoin adoption from launch. This move underscores Coinbase’s commitment to fostering DeFi growth and stablecoin utility.
about Coinbase Relaunches USDC Fund to Boost DeFi LiquidityChainlink Bridges Wall Street to Blockchain with Live Data
Chainlink has launched Data Streams, a real-time pricing solution for US equities and ETFs on blockchain networks, marking a major step in merging traditional finance (TradFi) with decentralized markets. The feature supports tokenized stock trading, perpetual futures, and synthetic ETFs across 37 blockchains, with protocols like GMX and Kamino already adopting it. Chainlink’s decentralized oracle networks (DONs) aggregate data from multiple sources, ensuring reliability and uptime while addressing challenges like market-hour discrepancies and price gaps. The structured data schema enables advanced DeFi applications, including arbitrage and risk management strategies. This development accelerates the convergence of TradFi and DeFi, offering institutional-grade infrastructure for on-chain financial products.
about Chainlink Bridges Wall Street to Blockchain with Live DataSolana Tokenized Stocks Hit $100M, DeFi Use Lags
Solana’s tokenized stock market has exceeded $100 million in market capitalization just weeks after its June 30 launch, driven primarily by xStocks issued by Backed Finance. This represents a 242% increase from its initial $29.8 million valuation, with Solana now accounting for 20.4% of the tokenized stock market. The largest tokenized stock, TSLAx (Tesla), boasts a $13.6 million market cap, while SPYx (S&P 500) and CRCLx (Circle) follow closely. However, despite $300 million in on-chain trading volume, DeFi usage remains low, with only a fraction of these assets being used as collateral or in liquidity pools. Experts like Michael Cahill of Douro Labs note that traditional investors are hesitant to engage with DeFi’s composability, though growth potential exists if barriers to entry are lowered.
about Solana Tokenized Stocks Hit $100M, DeFi Use LagsSolana Hits $17.5B TVL Milestone in July
In July, Solana achieved a major milestone as its total value locked (TVL) surged to $17.5 billion, underscoring the blockchain’s expanding DeFi ecosystem. Key contributors to this growth include Jito and Kamino, two prominent protocols driving liquidity and activity on the network. This development reflects increasing investor confidence in Solana’s infrastructure and its ability to support high-performance decentralized applications. The rising TVL also signals broader adoption of Solana-based DeFi solutions amid a competitive blockchain landscape.
about Solana Hits $17.5B TVL Milestone in July$484M Token Unlocks: SUI, SOL Lead Market Pressure
This week, the crypto market faces $484 million in token unlocks, led by SUI ($125M), Ethena ($58.12M), and Optimism ($18.64M). While unlocks are often seen as bearish, some tokens like SUI and SEI have defied expectations with recent gains. SOL remains stable at $150.69, while TRUMP coin shows weakness amid suspected insider trading. Daily unlocks from SOL ($10M/day) and Worldcoin ($4.87M/day) add persistent pressure. The market’s reaction highlights the complexity of tokenomics and investor sentiment during unlock events.
about $484M Token Unlocks: SUI, SOL Lead Market Pressure