Solana (SOL) — Onchain News & Whale Tracking

Yesterday, the US Solana Spot ETF saw a net inflow of $53.1 million, marking the 21st consecutive day of net inflows.

On November 26th, as monitored by Farside Investors, yesterday the net inflow of the US Solana Spot ETF was $53.1 million. This indicates a net inflow for 21 consecutive trading days, with a total inflow of $621 million.

WLFI announced this morning that it has acquired the Solana ecosystem meme coin SPSC, which saw a more than 130% increase in value in a single day.

On November 25th, WLFI Morning announced that they are making an investment in the Solana ecosystem meme coin SPSC. In reaction to this news, the relevant token witnessed a short-term surge of 43%. As of the time of writing, the market capitalization of SPSC reached $7.71 million, and it had a 24-hour price increase of 139.8%.

Circle has once again minted 5 billion USDC on the Solana network, bringing the total minted since October 11 to 10 billion USDC.

On November 25th, as monitored by Onchain Lens, 5 hours ago, Circle minted 5 billion USDC on the Solana network. Since October 11th, Circle has minted a cumulative total of 10 billion USDC on the Solana network.

Wormhole Labs Launches Sunrise, a Standardized Liquidity Gateway for External Assets on Solana

On November 23, as per the report by The Block, Wormhole Labs (the team behind the cross-chain protocol Wormhole) announced the official commencement of Sunrise today. Sunrise is a data and liquidity gateway centered around the Solana ecosystem. According to the official details, Sunrise is positioned as the "standard path" for external assets to enter Solana. It offers users a unified interface, enabling them to seamlessly transfer tokens from different chains to Solana with just one click. Once arrived, they can immediately access the DeFi scene within the Solana network, achieving a "Day One Liquidity" seamless experience. As per the announcement, Sunrise aims to address the common "liquidity fragmentation" issue when new tokens cross chains. It ensures that assets newly listed on the chain can be traded on various decentralized trading platforms within Solana from the very first day. Sunrise will use Monad's MON token as its first major test case, and MON token trading i

Coinbase to Acquire Solana Ecosystem Exchange Platform Vector.fun

On November 21st, according to the report in Fortune, Coinbase is scheduled to acquire the trading platform Vector.fun within the Solana ecosystem. It is expected that the transaction will be completed before the end of the year. Coinbase intends to utilize Vector.fun's technology to enhance the types of tradable assets available to users by leveraging DEX on its platform.

Solana Ecosystem Yield Protocol RateX Completes $7 Million Funding Round, With Participation From Animoca Ventures

On November 21st, as reported by Techinasia, the Solana ecosystem yield trading protocol RateX has secured $7 million in its latest fundraising round. The investors involved include Animoca Ventures, ECHO, GSR, Crypto.com Capital, Gate, Rzong Capital, BGX Capital, and Summer Capital. In total, RateX has raised $10.4 million in funding over the past two years. RateX assists users in trading and managing yields through tokenized financial products. Its recent Mooncake upgrade enables non-custodial leveraged token trading. In June of this year, the U.S.-listed company DeFi Development Corp strategically integrated its staked tokens into the RateX ecosystem to pursue additional yield strategies.

Solana Teases Upcoming Major Announcement

On November 20th, Solana hinted on social media that there would be a significant announcement and said, "Something big is on its way."

21Shares Solana Spot ETF has been officially approved and is set to trade soon

On November 20th, the 21Shares Solana Spot ETF was officially approved and is scheduled to start trading with the code TSOL, which offers staking support.

Bitwise Solana ETF Sees Three Consecutive Weeks of Inflows, Totaling Over $580 Million

On November 19th, Hunter Horsley, the CEO of Bitwise, stated in a post on the X Platform that during the past three weeks, the Bitwise Solana ETF (BSOL) has witnessed daily inflows on every trading day. Since its launch, there has been a total inflow of more than $580 million.

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

On November 17th, based on Nansen data, the top five public chains in terms of active addresses within the past 7 days are as follows: Solana (17.28 million), BNB Chain (10.88 million), Tron (7.082 million), Avalanche (5.425 million), and Polygon (3.879 million).

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

On November 17th, as monitored by WhaleAlert, the USDC Treasury minted a combined total of 500 million USDC on the Solana blockchain in two distinct transactions within a span of 5 minutes.

PLAYSOLANA is currently trading at $0.008, with the current Alpha airdrop valued at approximately $20

On November 16th, based on market data, following the launch of PLAYSOLANA on Binance Alpha, the price is currently trading at $0.008. Qualified Alpha Point users received an airdrop of 2500 PLAYSOLANA, which is currently worth approximately $20.

Binance Alpha has launched Play Solana (PLAYSOLANA)

On November 16th, Binance Alpha launched Play Solana (PLAYSOLANA). Qualified users can use 245 Alpha Points to claim a 2,500 PLAYSOLANA token airdrop on the Alpha activity page. If the rewards are not fully distributed, the points threshold will automatically decrease by 15 points every hour. It should be noted that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm the claim on the Alpha activity page within 24 hours; otherwise, it will be regarded as a forfeiture of the airdrop.

A $ZEC whale on Solana just spent $30.1K to buy 3.22M $GHOST today.

A $ZEC whale on Solana just spent $30.1K to buy 3.22M $GHOST today. The whale currently holds 944 $ZEC($650K) and has already made over $334K trading $ZEC by buying low and selling high.

Yesterday, the US Solana Spot ETF saw a net inflow of $12 million.

On November 15th, as monitored by Farside Investors, yesterday the US Solana Spot ETF witnessed a net inflow of $12 million. Among them, only Bitwise's BSOL had a net inflow.

Binance Alpha Token Airdrop PLAYSOLANA Currently Facing Delay

November 14th. According to the official announcement, the Play Solana (PLAYSOLANA) token airdrop is currently facing a delay. The Alpha Trading will commence on November 14, 2025, at 20:30 (UTC+8). Users who hold at least 235 Binance Alpha Points are qualified to claim the token airdrop. They can claim 1,000 PLAYSOLANA tokens on the Alpha event page. If the event is still in progress, the score threshold will automatically decrease by 5 points every five minutes. It should be noted that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the airdrop.

Binance Alpha is now live with PLAYSOLANA

On November 14th, Binance Alpha made an announcement that PLAYSOLANA is now available.

Binance: The initial stage airdrop threshold for Play Solana (PLAYSOLANA) is 235 Alpha Points

On November 14th, according to official information, Binance Alpha is set to list Play Solana (PLAYSOLANA). The Alpha trading will commence on November 14, 2025, at 8:00 PM. Users who hold at least 235 Alpha Points will be eligible for a 1000 PLAYSOLANA token airdrop on a first-come, first-served basis.

Solana-based Meme Coin WOJAK Hits $20 Million Market Cap, Reaches All-Time High

VanEck has submitted a Solana Spot ETF 8-A form to the SEC

On November 14th, the major ETF issuer VanEck announced that its Solana spot ETF is about to be launched. The company has submitted an 8-A form to the U.S. Securities and Exchange Commission. This form is usually filed shortly before the launch of a new asset. Currently, there are a total of 10 new Solana ETFs awaiting approval.

Solana's Treasury Firm Upexi Launches $50 Million Stock Buyback Plan

On November 14, the Solana Treasury Company Upexi, which is listed on Nasdaq, announced that its board of directors has given the green light to a share repurchase plan. Under this plan, $50 million of outstanding common stock will be repurchased. The timing, method, price, and amount of the repurchase will be decided by the management at their discretion, taking into account factors such as the stock price, market conditions, and available liquidity.

Jito Labs Launches Block Assembly Market (BAM): Enhancing Solana Execution Transparency and Fairness

November 13th: The Solana MEV infrastructure Jito Labs released an article presenting its Block Assembly Marketplace (BAM). It was stated that BAM can deal with the pain points of the Solana network, enhance the on-chain advantages, and support the realization of the "Internet Capital Market." The article indicates that BAM can ensure the transparency and fairness of the Solana execution layer and drive on-chain transactions to outperform Centralized Exchange (CEX). In the future, BAM plans to open-source its code, expand ACE, decentralize operators, achieve collaborative block building, and utilize Field-Programmable Gate Array (FPGA) hardware acceleration.

Solana Active Addresses Drop to Lowest Level in 12 Months

On November 13th, as per The Block, the quantity of active addresses on Solana has plummeted to 3.3 million, reaching a brand new low within the past 12 months. This constitutes a notable decrease when compared to the zenith of over 9 million active addresses on the network in January of this year. By the conclusion of 2024, with Solana having solidified its preeminent position as the chain for meme coin issuance and trading, the number of active addresses witnessed a significant surge. Throughout 2025, as the fervor for meme coins gradually ebbed from its peak levels, the number of active addresses also exhibited a gradual downward trend.

Solana Ecosystem Perp DEX Adrena Announces Transition to Maintenance Mode

On November 12th, Adrena, a Perp DEX within the Solana ecosystem, declared that the project would enter maintenance mode. The team will halt the development of new features. Meanwhile, existing functionalities like the trading pool, token ownership, staking, and the data pipeline will keep operating in the usual manner.

Binance Alpha's new airdrop will include PLANCK and PLAYSOLANA

On November 12th, Binance Alpha will become the first platform to list the following projects: On November 13th, Planck Network (PLANCK) will have an airdrop. On November 14th, Play Solana (PLAYSOLANA) will have an airdrop. Eligible users can visit the Alpha event page after Alpha trading starts and claim the airdrop by using Binance Alpha points. Specific details will be announced separately.

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

On November 10th, according to Nansen data, the top five public chains in terms of the count of active addresses in the past 7 days are: Solana (17.236M), BNB Chain (11.16M), Avalanche (9.236M), Tron (6.415M), and Polygon (3.99M).

USDC Treasury has minted a total of 1.25 billion USDC on the Solana chain in the last 24 hours.

On November 7th, according to the data from LookOnChain, the USDC Treasury minted a total of 1.25 billion USDC on the Solana blockchain within the past 24 hours.

USDC Treasury Mints 500 Million USDC on the Solana Blockchain

On November 7th, as monitored by WhaleAlert, the USDC Treasury minted a total of 500 million USDC on the Solana blockchain within less than 10 minutes.

Circle Issues 750 Million USDC on the Solana Network

On November 7th, as per the monitoring of Onchain Lens, Circle has minted an extra 7.5 billion USDC on the Solana network. From October 11th onwards, Circle has minted a cumulative total of 52.5 billion USDC on the Solana network.

Solana Ecosystem Meme Coin 1 Market Cap Surges to Over $40 Million, Reaching an All-Time High, with a 24-Hour Gain of 37.7%

On November 6th, according to GMGN market data, the market value of the Solana ecosystem Meme coin 1 (where 1 coin can change your life) briefly exceeded 40 million US dollars, reaching a historical high. Currently, it is at 37 million US dollars, which is also a historical high. The 24-hour growth rate is 37.7% and the 24-hour trading volume is 20 million US dollars. Yesterday evening, the official WLFI post stated that as part of promoting the adoption of USD1 on Solana, they are collaborating with official partners bonk.fun and Raydium to rebuild the ecosystem. WLFI has acquired a certain number of 1 tokens as a strategic reserve to strengthen WLFI's position as a leading USD1 community on Solana. The WLFI official treasury address received 10.84 million Solana ecosystem Meme coins 1 yesterday. BlockBeats reminds users that Meme coins often lack practical use cases and show significant price volatility. Therefore, investment should be made with caution.

Solana infrastructure startup Harmonic has completed a $6 million seed funding round, with Paradigm leading the investment.

On November 5th, as reported by The Block, Harmonic, a startup concentrating on Solana infrastructure, has recently concluded a $6 million seed round of financing, with Paradigm taking the lead. Harmonic's co-founder, Jakob Pov?i? (who is also a co-founder of the crypto-native development firm Temporal), stated that this financing round also included angel investments from undisclosed "Solana key stakeholders." Pov?i? refused to disclose the financing timeline, round structure, company valuation, business model, or whether the investors serve as advisors or directors. Harmonic claims to be the first open-source block building system for Solana, enabling validators to receive blocks in real-time from multiple competing builders, thereby enhancing network speed and efficiency.

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