TLDR:
- Solana captured 97% of cumulative tokenized equities spot trading volume, setting a new market record this week.
- SoFi launched the first stablecoin from a U.S. nationally chartered bank, SoFiUSD, natively on Solana.
- Cash App rolled out USDC support on Solana, opening stablecoin access to millions of everyday retail users.
- Mayan bridged over one million external wallets and moved $2.5 billion in stablecoins across Solana this week.
Solana recorded a busy week of launches, integrations, and milestones across payments, tokenized assets, and developer infrastructure.
Major financial institutions and consumer apps moved onto the network. Stablecoin support expanded through platforms familiar to everyday users.
Tokenized equities trading on Solana also reached a new record. The week’s activity covered traditional finance, decentralized lending, privacy tools, and educational initiatives, reflecting broad momentum across the ecosystem.
Institutional Finance Finds a Home on Solana
SoFi launched SoFiUSD, marking a notable moment for the network. It became the first stablecoin issued by a U.S. nationally chartered bank on Solana. This move signals growing confidence from regulated financial institutions in the chain’s infrastructure.
Cash App also rolled out stablecoin support during the week, including USDC on Solana. The integration brings Solana-based payments to a widely used consumer application. Millions of everyday users now have a path to interact with Solana-based assets.
Solana also captured 97% of cumulative tokenized equities spot trading volume. Onchain tokenized stock holders surpassed 200,000, setting a new record high. These numbers reflect strong institutional and retail demand for regulated assets on the network.
New Protocols and Platforms Expand Solana’s Utility
Jupiter Exchange opened the public beta of its Offerbook during the week. The platform is a fixed-rate credit tool that supports borrowing against tokens, NFTs, and trading cards. It adds a structured lending layer to Solana’s growing DeFi ecosystem.
Streamex and Orca also launched 24/7 onchain secondary liquidity for tokenized securities. This addresses a long-standing gap in regulated asset trading on public blockchains. WalletConnect further added Solana compatibility to its Pay feature for merchant stablecoin spending.
Exponent Finance activated Exponent v2, which introduced strategy vaults and risk-tranching swaps. ONRefinance expanded fixed-rate infrastructure through integrations with Exponent and Loopscale. These releases together push Solana’s fixed-rate and structured finance capabilities further forward.
Ecosystem Growth Reaches Across Education, Privacy, and Infrastructure
Solana Foundation joined the Open Transaction Layer as a founding partner. The initiative focuses on developing cross-chain standards across the broader blockchain industry. AlmaU also signed an MOU to bring Solana blockchain development into its academic curriculum.
SheFinance partnered with Solana to launch its largest educational cohort to date. This effort aims to onboard more participants into Web3 through structured learning. Alongside this, Umbra Privacy launched its wallet app on the iOS App Store.
Mayan crossed one million external wallets bridged to Solana during the week. The protocol also moved over $2.5 billion in stablecoins across more than 600,000 transactions. Solstice Finance surpassed $500 million in total value locked, adding another milestone to the week’s record.
