Solana (SOL) — Onchain News & Whale Tracking

Solana Co-Founder Anatoly Reveals Four Major Predictions for 2026, Stablecoin Supply to Surpass $1 Trillion

On December 27, the co-founder of Solana took to social media to share his forward-looking outlook for 2026, covering key areas including stablecoins, frontier technologies, and artificial intelligence (AI). Key predictions include: ? Stablecoin market capitalization will exceed $1 trillion; ? Quantum computing and controlled nuclear fusion will remain as challenging to achieve as they are today; ? AI is expected to solve one of the “Millennium Prize Problems”; ? Humanoid robot shipments will hit 100,000 units.

Solana Co-Founder 2026 Prediction: Total Stablecoin Supply to Surpass $1 Trillion

On December 27th, Solana co-founder Anatoly Yakovenko shared his 2026 predictions on X, including: 1. Total stablecoin supply will exceed $1 trillion; 2. Quantum Computing (QC) and Controlled Nuclear Fusion will remain as challenging to implement as they are today; 3. AI will solve a millennium-old problem; 4. 100,000 humanoid robots will be shipped; 5. Starship will complete two successful commercial flights.

The Solana On-chain Meme Coin "67" Whale Sells Off, Causing Price to Crash 74%

**December 26 Update** At 9:00 AM ET, GMGN monitoring (via [link]) reported the top wallet for Solana meme coin “67” (H4s6) dumped all 20.1 million of its tokens in a single block, triggering a flash crash. The coin’s price plummeted 74% in minutes—from $0.019 to a low of $0.005—before rebounding to ~$0.014 as of press time. Trading data shows the wallet initially purchased $514,000 worth of “67” at an average price of ~$0.0246. It sold the entire holding at an average of $0.0107, realizing a **$290,000 loss (56.1% drawdown)**. The sell-off cleared all buy orders in the $0.005–$0.019 range to exit quickly.

Stablecoin Crisis: Solana-based Stablecoin USX Temporarily Depegs to $0.1 Due to Liquidity Crisis

On December 26th, PeckShield monitoring showed that stablecoin USX on the Solana blockchain briefly depegged, with its secondary market price temporarily dropping to $0.1. After Solstice injected liquidity, the USX price has recovered to $0.94.

Solana's On-Chain Meme Coin WhiteWhale Market Cap Surpasses $18 Million, Reaching an All-Time High

Dec 26 — Solana-based meme coin WhiteWhale has hit a record market capitalization, surpassing $18 million, according to data from GMGN. As of the latest figures, its market cap stands at $18.44 million, with a 24-hour gain of 33.82%. BlockBeats reminds users that meme coin trading is highly volatile, often driven by market sentiment and hype, and lacks tangible value or real-world use cases. Investors should exercise caution and be aware of the associated risks.

Dragonfly Partner: Solana and Ethereum Will Both Benefit from Asset Tokenization Wave

December 25th: Dragonfly General Partner Rob Hadick told CNBC’s “Squawk Box” in an interview that as asset tokenization trends accelerate and on-chain economic activity grows, both Solana and Ethereum will benefit from this wave—not a zero-sum game. “Both are Facebooks,” he said. He noted that Ethereum currently powers most stablecoins and core economic activity, while Solana holds a bigger edge in high-frequency trading and transaction throughput efficiency. Data from RWA XYZ shows a wide gap in total asset scale across the two networks: Ethereum (including stablecoins) totals ~$183.7 billion, while Solana stands at ~$15.9 billion, per CoinTelegraph.

Solana Foundation is set to release a new wallet connection SDK ConnectorKit

On December 24th, the Solana Foundation announced the launch of ConnectorKit—a new SDK built to add wallet connection and management functionality to products. Compatible with web3.js and the Kit framework, it’s a headless wallet connection component that includes a framework-agnostic client, numerous composable elements, and user-friendly hook functions. ConnectorKit will launch soon, with native integration for features like Kora and Passkeys coming out of the gate. ### Notes on American English adjustments: 1. **Date phrasing**: Added "On" (standard for American date introductions). 2. **Tone/flow**: Split long sentences into concise, scannable chunks (common in tech news). 3. **Vocab tweaks**: - Replaced "is used to add" with "built to add" (more active, tech-friendly). - Used "out of the gate" (casual, American idiom meaning "immediately upon launch") for naturalness. - Simplified "at which time it will natively integrate" to "with native integration... com

Solana on-chain meme activity sees significant surge, with PIPPIN posting a 35% gain

Solana-based Treasury company Upexi files $1 billion shelf registration with the SEC

On December 24, Upexi—the U.S.-listed Solana (SOL) crypto treasury firm tied to DAT—filed a $1 billion shelf registration statement with the U.S. Securities and Exchange Commission (SEC) to raise capital via various securities offerings. The company currently holds roughly 2 million SOL tokens, ranking it as the fourth-largest listed company holder of SOL assets. Potential proceeds may be allocated to working capital, research and development (R&D), and debt repayment. Notably, Upexi’s stock has plummeted from a May peak of $22.57 to $1.825, with an additional 8.3% intraday drop today. Its market capitalization stands at $115 million.

Solana Foundation Announces Launch of Kora, Supporting Fee-Free Transactions, Custom Fee Tokens, and More

On December 23, the Solana Foundation announced the launch of Kora—a fee relay and signing node built for the Solana ecosystem—with support for fee-free transactions, custom fee tokens, and more. Before Kora, there was no modern, standardized solution for fee delegation and remote signing. While Solana’s account model made these features technically feasible, the market lacked ready-to-use implementations. Kora fills this gap with the following key features: - Fully delegated transaction fees; - Fee payment using any token (including stablecoins); - Offloading signing operations to a secure environment.

Circle has just minted an additional 5 billion USDC on the Solana network

On December 22, Onchain Lens reported that Circle has just minted an additional 5 billion USDC on the Solana network. Since October 11, Circle has minted a total of $18 billion in USDC on the Solana network.

Solana-based Meme Coin Snowball Continues to Surge, with Over 500% 24-hour Growth

December 22 — Per GMGN monitoring via its Telegram bot (https://t.me/gmgnaibot?start=i_m4TE56o8), Solana-based meme coin Snowball continues to surge, with a 24-hour gain exceeding 500%. It hit a peak market cap of $8 million, currently trades at around $7.6 million, and has a current price of $0.0076. This meme coin is the first on Solana to automatically allocate 100% of Pump.fun platform creator fees to its own liquidity. Launched three days ago, discussions about it on X are gaining traction. Some supporters argue its mechanism creates sustainable real buying pressure, driving a "snowball" growth pattern tied to the Christmas theme. Skeptics, however, note the potential risk: developer wallets still hold accumulated tokens from sales earmarked for liquidity, and the current surge is viewed as a short-term high-risk FOMO play. BlockBeats reminds users: Meme coin trading is highly volatile, heavily reliant on market sentiment and speculative hype, with no inherent value or us

Solana has announced a dedicated Twitter account "x402 on Solana."

On December 20, Solana took to X (formerly Twitter) to announce its affiliated account: @x402onSolana. The account’s bio reads: “Building x402 payments with native internet capabilities on Solana.”

Solana's early DeFi protocol Lifinity has announced that it will gradually cease operations.

On December 19, Solana-based early DeFi protocol Lifinity announced it will gradually wind down operations, per data from SolanaFloor. Previously, the team secured near-unanimous approval from its community governance via a "Protocol Termination" proposal. Going forward, it will convert approximately $42 million in treasury assets plus $1.4 million in development funds into USDC and distribute the total proportionally to LFNTY token holders. The community anticipates each token will be allocated $0.90 to $1.10. The redemption system is set to go live in roughly 9 days. Any remaining funds unclaimed within one year will be re-airdropped proportionally to users who have already claimed their shares.

Solana Ecosystem Meme Coin JELLYJELLY Continues to Surge, with a 24-hour Gain of Approximately 40%

On December 19, per GMGN monitoring (via the link: https://t.me/gmgnaibot?start=i_m4TE56o8), the Solana-based meme coin JELLYJELLY extended its rally overnight and into this morning, peaking at $0.143 before a modest pullback. It is currently trading at $0.128, with a market capitalization of roughly $128 million and a 24-hour gain of around 40%. BlockBeats advises users that meme coins are extremely volatile, often fueled by market sentiment and hype, with no inherent value or practical use case. Investors should be mindful of the associated risks.

Forward will be issuing its tokenized stock on Solana.

On December 19, Forward Industries (FWDI)—a publicly traded company backed by Solana—is launching an on-chain stock issuance via Superstate’s Opening Bell platform. The firm holds roughly 6.8 million SOL tokens, valued at approximately $832 million.

NEAR Token has been cross-chain issued on the Solana network

On December 18, the Solana team announced that the NEAR token has been issued cross-chain on the Solana network.

Solana has released its annual key theme "Capital Markets," while its founder Toly's annual key theme is "Cook."

Recently, on December 18th, social tokenization platform Trends.Fun launched a tweet campaign on X (formerly Twitter): **summarize your 2025-Solana story in two words**. Solana’s official X account replied with “Capital Markets” — **signaling 2025 will be the year Solana breaks into traditional finance**. Trends.Fun founder Toly used the Chinese term for “cooking” (translated as “Cooking”); in Web3 slang, “Cook” refers to building a product or operating a token. Multicoin partner Kyle Samani’s keyword was “Outperforming Cefi” (outperforming centralized finance). The campaign is still ongoing: all participants are eligible to enter a raffle for a $12,000 SOLARLAMA token prize pool.

Yesterday, the US Solana Spot ETF saw a net inflow of $11 million

On December 18th, per monitoring by Farside Investors, U.S. Solana spot ETFs posted a net inflow of $11 million yesterday, with the following breakdown: - Bitwise BSOL: +$7 million - Fidelity FSOL: +$2.9 million - Grayscale GSOL: +$1.1 million

Bitwise has released its Top 10 Crypto Market Predictions for 2026: Ethereum and Solana Set to Hit All-Time Highs

On December 16, asset management firm Bitwise released its top 10 cryptocurrency market predictions for 2026, plus an additional forecast: 1. Bitcoin will break its four-year cycle and surge to a new all-time high. 2. Bitcoin’s volatility will fall below that of Nvidia. 3. ETFs will absorb more than 100% of the new supply of Bitcoin, Ethereum, and Solana, with institutional demand accelerating. 4. Crypto-related stocks will outperform tech stocks. 5. Polymarket’s open interest will reach a new high, exceeding levels seen during the 2024 U.S. presidential election. 6. Stablecoins will face accusations of destabilizing emerging market currencies. 7. On-chain treasuries (dubbed “ETF 2.0”) will double their assets under management. 8. Ethereum and Solana will surge to new highs—provided the CLARITY Act passes. 9. Half of Ivy League endowment funds will allocate capital to cryptocurrencies. 10. The U.S. will list more than 100 crypto-linked ETFs. Additional forecast:

StraitX is planning to launch a new yuan-backed stablecoin on Solana in early 2026.

On December 16, cryptocurrency infrastructure firm StraitX announced plans to launch the Singapore dollar stablecoin XSGD and U.S. dollar stablecoin XUSD on the Solana blockchain in early 2026, partnering with the Solana Foundation to drive adoption. This marks the first time a SGD stablecoin will be available on Solana. Currently, the network hosts roughly $15.7 billion in fiat-pegged stablecoins (including U.S. dollar and Australian dollar variants), but SGD was not previously supported. StraitX noted XSGD and XUSD will leverage Solana’s high-speed, low-cost ecosystem to serve use cases like AI automated payments, DeFi applications, cross-border settlements, and everyday transactions. The stablecoins will also be compatible with centralized exchanges (CEXs), AMM liquidity pools, and lending protocols.

StraitX is planning to launch a Singapore Dollar-backed stablecoin on Solana in early 2026.

On December 16, StraitX—a cryptocurrency infrastructure firm—announced plans to launch two stablecoins on the Solana public blockchain in early 2026: XSGD (tethered to the Singapore Dollar) and XUSD (tethered to the U.S. Dollar). The company will collaborate with the Solana Foundation to promote the rollout. At launch, users will be able to instantly convert SGD and USD directly on Solana’s chain—functioning as “on-chain forex trading.” This marks Solana’s first integration of a Singapore Dollar stablecoin. Currently, the network hosts roughly $15.7 billion in stablecoins pegged to fiat currencies like the U.S. Dollar and Australian Dollar, but SGD was not previously supported. StraitX noted that XSGD and XUSD will operate on Solana’s high-speed, low-cost environment, catering to use cases including AI automated payments, DeFi applications, cross-border settlements, and everyday transactions. The stablecoins will also be compatible with centralized exchanges (CEXs), automated

Invesco Galaxy Solana ETF is now listed on Cboe and available for trading

On December 16, the Invesco Galaxy Solana ETF (QSOL)—jointly launched by Invesco and Galaxy Digital—has been listed on Cboe, and trading has begun, per official Cboe data.

Solana: Suffered DDoS Attacks Throughout the Past Week, But Did Not Impact Network Performance

On December 16, Solana issued an official statement noting that over the past week, the network has been targeted by continuous DDoS attacks—the fourth largest such incident in the history of any distributed system to date. So far, these attacks have had no impact on Solana’s network performance. Solana’s design goal is to be resilient enough to withstand even such extreme scenarios. BlockBeats Note: A DDoS (Distributed Denial of Service) attack occurs when an attacker controls a large number of devices to simultaneously send massive volumes of requests to a target system, aiming to exhaust its network bandwidth or computing resources—resulting in system congestion, service disruptions, or performance degradation.

Ondo Finance will launch its Tokenized Stocks and ETF Platform on the Solana blockchain in early 2026.

On December 15, Ondo Finance announced via social media that its tokenized stocks and ETF platform will launch on the Solana blockchain in early 2026. Ondo noted its platform is currently the largest of its kind, with the goal of bringing Wall Street liquidity to internet capital markets.

Pendle Weekly Update: PT-sUSDC Set to Launch on Solana, Product Receives a Series of Key Upgrades

**Pendle Weekly Report (Dec 15): Key Project Updates** - **PT-sUSDe to Launch on Solana**: Pendle’s PT-sUSDe is set to go live on Solana. Using the Chainlink CCT standard, Solana users will gain access to this Ethereum flagship yield asset. - **Pendle PTs Now Live on Unichain**: Pendle’s PT tokens are now available on Unichain. The first batch of supported assets includes capped-issued CUSD (Ethereum Mainnet) and USDai (USD.AI, Arbitrum). This unlocks new on-chain yield infrastructure for Unichain. - **Pendle Info Bot Adds Wallet Tracking**: Users can add their wallets to the bot for reminders when voting events or active liquidity pools (LPs) near or reach maturity. Limit order execution notifications will be supported soon. - **Market Info Labels Upgraded**: Pendle has enhanced its market labels to include conversion rates, withdrawal mechanisms, YT score multipliers, and other key details. - **OKX BTC/ETH Funding Rates on Pendle Boros**: The OKX BTC and ETH funding rate m

Kazakhstan is adopting Solana as the cornerstone of its national cryptocurrency and blockchain strategy.

On December 13, Farhaj Mayan—FORMA Mayor of the Solana Economic Community—announced at the Solana Breakpoint Conference that Kazakhstan is strategically adopting Solana as core infrastructure to advance its national cryptocurrency and blockchain strategy. Key initiatives include: establishing a Solana Economic Zone, launching the Tenge stablecoin, enabling dual-listed IPOs on the AIX and Solana, training 1,000 Solana developers, creating a national crypto asset reserve, and planning a blockchain-centric "CryptoCity." These efforts underscore the country’s commitment to deeply integrating blockchain into its financial and industrial systems.

JPMorgan Digital Asset Head: Innovative ideas emerging in the Solana ecosystem will eventually crystallize into a mature solution suitable for the regulated market

On December 13, J.P. Morgan’s Scott Lucas—Managing Director and Head of Digital Asset Markets—spoke at the Solana Breakpoint Conference, emphasizing the community’s innovation, spirit of exploration, and the value of engaging with cutting-edge ideas. Lucas noted: “This community is brimming with amazing innovations and a deep spirit of exploration. When you combine those two, you start to see where business opportunities originate—and how they tie into the core of economic growth. That’s part of the bigger story. So the key, I think, is to truly engage: weave that entrepreneurial spirit and innovation into exploring opportunities. Not every innovation fits neatly into regulated markets, and that’s perfectly normal. Some target retail users, others focus on niche spaces—but there are always key insights here that deserve deep engagement and learning. Even if some ideas are temporarily outside our current business scope, drawing inspiration from these sparks and advancing the con

USDC Treasury Mints an Additional 85 Million USDC on the Solana blockchain

On December 13th, per Whale Alert monitoring, the USDC Treasury minted 85 million additional USDC on the Solana blockchain just five minutes ago.

Huaxia Fund Hong Kong Launches Asia's Largest Tokenized Money Market Fund on Solana

Katie He, Head of Product and Strategy at ChinaAMC Hong Kong (ChinaAMC HK), announced at the Solana Breakpoint Conference on December 12 that the firm will launch Asia’s first and largest tokenized currency market fund. Covering the Hong Kong Dollar (HKD), U.S. Dollar (USD), and Chinese Yuan (RMB), the fund will tokenize traditional currency market instruments to offer investors secure on-chain access to stable return opportunities—with full transparency and real-time settlement. Following months of collaboration with regulators and partners including OSL, this innovation will expand beyond Hong Kong to broader markets and is natively deployed on the Solana blockchain.

Zepz Launches SendWave Wallet, a Non-Custodial Wallet for Solana-based Stablecoin

On December 12, a senior executive from UK fintech Zepz announced at the Solana Breakpoint conference that the firm has launched the SendWave Wallet — a non-custodial wallet backed by Solana’s stablecoin infrastructure. Designed for cross-border remittances and financial services, the wallet currently serves 100 countries and regions, with collaboration support from partners Circle and Portal.

Abra Launches Synth Asset Tokenization Platform AbraFi on Solana with Synthetic Dollar USDAF

December 12th — Bill Barhydt, CEO of crypto financial services firm Abra, announced at the Solana Breakpoint conference the launch of **AbraFi**: a synthetic asset tokenization platform built on Solana. AbraFi will roll out to the public as a decentralized autonomous organization (DAO) — not owned by Abra Inc. Holders of its governance token, AFI, will receive the majority of the protocol’s revenue and hold governance rights. The platform’s first product is **USDAF**, a synthetic dollar fully backed by assets including SOL, USDT, and USDC. USDAF includes delta hedging and is anchored via DeFi protocols; AbraFi will also launch **SDAF**, a staking version of USDAF. AbraFi is currently in the midst of a seed funding round, with plans to officially launch around January 1. Additionally, Abra is exploring an initial public offering (IPO) in the first quarter of next year.

Raise Smart Cards will be building an on-chain gift card and loyalty ecosystem on Solana

On December 12, The Raise Network’s team announced at the Solana Breakpoint Conference that its Raise Smart Cards project has selected Solana as the infrastructure to build an on-chain gift card and loyalty ecosystem. The on-chain smart gift card system will support loyalty rewards for brands including Uber and Fanatics, leveraging Solana’s high-performance capabilities.

Figure has submitted an application to the SEC to tokenize stocks on Solana.

December 12th — At the Solana Breakpoint Conference, Figure’s Executive Chairman Mike Cagney announced: “Roughly a week and a half back, we rolled out another update—essentially a second IPO. We’re issuing a new iteration of Figure equity natively on a public blockchain.” “This issuance skips the DTCC, won’t trade on Nasdaq or the NYSE, doesn’t rely on referral brokers like Robinhood, and won’t use prime brokerage services from firms like Goldman Sachs.” “This is a blockchain-native security, listed on Figure’s proprietary Alternative Trading System (ATS)—essentially a decentralized platform for self-custody, self-trading, and a self-regulated market.” “Investors can link these securities to an ATS wallet (instead of a traditional referral brokerage account) and use the equity in DeFi for activities like collateralized borrowing and lending.”

Solana Validator Client Firedancer Developed by Jump Crypto Officially Launches on Mainnet

On December 12, Firedancer—the Solana independent validator client developed by Jump Crypto—announced its official launch on the Solana mainnet after three years of development. Per official sources, the client has run stably on a handful of validator nodes for 100 days and successfully produced 50,000 blocks.

Bulk Origin: Solana is Currently the Most Suited Ecosystem to Build on

December 12th — Jun, Co-Founder of Solana ecosystem DEX Bulk, spoke at the Solana Breakpoint Conference: “As a liquidity provider, when we traded across spot and perpetual markets on various platforms, we quickly recognized Solana is currently the best ecosystem to build on. It’s not just home to an exceptional team, but also boasts the highest net asset inflows, most diverse community, and robust product lineup. However, it has long lacked a truly professional trading experience, and the problem ultimately boils down to three key areas: latency, a robust risk engine, and user experience. We’re here to solve that problem.”

Backpack Founder: Solana is currently the only network capable of achieving large-scale decentralized execution

On December 12, Backpack founder Armani Ferrante told attendees at the Solana Breakpoint conference that Solana is currently the only network capable of decentralized execution at scale. Over the past few years, developers have explored a vast design space to solve scalability issues. Back in 2017 and 2018, hundreds of projects raised billions—even tens of billions—of dollars in funding. But as far as he knows, Solana is the only one that has truly delivered on this at scale.

HumidiFi Developer: Solana is Completely Reshaping Retail Finance, HumidiFi Spread 'Better Than' Binance

**December 12** At the Solana Breakpoint Conference, Ben—a core member of HumidiFi, a dark pool decentralized exchange (DEX)—stated: “On the path to global transformation, Solana has achieved near-zero-cost, high-throughput settlement with tens of thousands of transactions per second. Anyone worldwide can access it via a new seat-based permission and membership system, entering a fully open, permissionless, Wall Street-grade, programmable global market.” He added that HumidiFi, the DEX his team recently built, offers tighter bid/ask spreads than Binance, with an average execution price delta of just a few basis points. “What’s key to note: this system is completely reshaping retail finance. Retail investors now get better spreads than any traditional brokerage—averaging down to a few basis points.” “Currently, this system accounts for 60% of all on-chain trading volume,” Ben said. “And we’re just getting started.”

Solana Co-Founder: Recent Revenue Surpasses $100 Million, Majority of Startups Built on Solana, Ecosystem Expansion Accelerates

On December 12th, Solana co-founder Raj Gokal told attendees at the Solana Breakpoint Conference: “Among the 20 companies that recently hit $100 million in revenue, most operate in the crypto sector—and the majority of those firms are built on Solana. That’s always been our original goal.” To reach this milestone, I believe it takes the “entropy” from thousands of entrepreneurs—those constantly exploring every possible value proposition in the blockchain ecosystem. And Solana, I’d argue, now has that kind of ecosystem momentum: events like the “Colosseum” hackathons keep scaling, drawing over 1,700 teams per edition.

Solana Co-Founder Toly: No Longer Has Official GitHub Commit Access, Network Moves Towards True Decentralization

**December 12 Update** — Solana co-founder Anatoly Yakovenko told attendees at the Solana Breakpoint conference: “One of my favorite truths is this: Decentralization doesn’t mean ‘no leaders’—it means leaders emerge abundantly. Over the past five years, so many people have stepped up: foundation members, Labs teams, community contributors, app and protocol builders unaffiliated with the original organizations. They’ve truly taken on leadership of the entire network.” He added: “I don’t even have GitHub commit access anymore, and my stage speaking slot was just two minutes. My goal is to sit in the audience—because that means the network has truly matured and has a life of its own. I’m really proud of that.”

Solana Breakpoint 2026 Summit will be held in London, UK

Official sources confirmed December 12 that Solana Breakpoint 2026 will make its debut at London, UK’s Olympia Exhibition Center from November 15–17, 2026. The Solana team has already rolled out 24-hour-only ticket subsidies for its 2026 flagship event. ### Notes on U.S. language habits: - Used **active voice** ("confirmed" instead of "according to") for news brevity. - Replaced "held for the first time" with **"make its debut"** (common for event launches). - Condensed "available for only 24 hours" to **"24-hour-only"** (concise, headline-friendly phrasing). - Avoided redundant "Solana" repetition (used "its" for the flagship event). - Streamlined date/location structure (natural for U.S. news flow).

Animoca Brands will partner with Republic to enable Equity Tokenization on Solana

On December 11, Solana announced that Animoca Brands is partnering with Republic to tokenize its equity on the Solana blockchain.

Bhutan has announced that it will issue the world's first sovereign gold-backed token, TER, on Solana.

**Bhutan Touts Solana Collaboration Milestone, Teases World’s First Sovereign Gold-Backed Token** On December 11, Bhutanese government officials announced a key collaboration with Solana at the Solana Breakpoint 2025 summit, advancing the nation’s push to become a “crypto-friendly” country. The headline launch: the world’s first sovereign gold-backed token will debut on Solana on December 17, 2025—Bhutan’s National Day. Named *TER* (Dzongkha, Bhutan’s official language, for “treasure”), the token will be pegged 1:1 to Bhutan’s national gold reserves. It will operate as an SPL token with real-time auditability and instant settlement, marking its entry into the blockchain ecosystem.

OSL Group to Launch Stablecoin USDG on Solana

On December 11, OSL Group’s Chief Commercial Officer Dave Chapman announced at the Solana Breakpoint 2025 Summit that the firm will partner with the Solana network to launch USDGO—a U.S. dollar-pegged stablecoin. OSL Group will serve as the brand and distributor for USDGO, with Anchorage Digital Bank acting as the issuer. USDGO is pegged 1:1 to the U.S. dollar, compliant with U.S. federal regulations, and scheduled for an official launch in the first quarter of 2026. Solana will be the first public blockchain to host USDGO, with plans to expand to additional blockchains down the line. Rather than just “another stablecoin,” USDGO is positioned as a compliant stablecoin payment infrastructure built specifically for enterprise and institutional use cases.

Solana Ecosystem Meme Coin JELLYJELLY Continues to Surge, with a Daily Gain of Over 87%

On December 11, per GMGN market data, Solana ecosystem meme coin JELLYJELLY continued surging today, posting a single-day gain of over 87%. Its market cap now stands at $84.95 million, with 24-hour trading volume reaching $17.8 million.

Bitwise Ventures: Solana Ecosystem Applications Truly Harnessing the Network's Final 1% Performance

On December 11, Bitwise co-founder and CIO said at the Solana Breakpoint Conference that unlike networks like Ethereum, Solana-based apps actually tap the final 1% of performance—delivering users the next marginal liquidity and scalability. On most blockchains, running a node is as simple as “download the software, double-click to start”—and how much (or little) you stake barely moves the needle for the network or the apps users can build. But Solana’s app landscape shifts daily: its protocol layer, performance, and capacity all iterate rapidly, and node performance directly sets the ceiling. That’s why we’re focused on this: as this product (staking ETFs/trusts) locks up more SOL and gains more influence, the ecosystem, developers, users, and even the broader community need to feel that its growth won’t “crush” the market structure or ecosystem—instead, it’ll make the network more stable, reliable, and better able to weather the next wave of innovation.

dYdX is launching a Solana spot trading product

December 11th, decentralized derivatives platform dYdX has officially launched its first spot trading product—kicking off with the Solana (SOL) trading pair—and opened access to U.S. users on its platform for the first time. While U.S. users still can’t use perpetual contracts, the official statement noted the team will keep monitoring regulatory developments from the SEC and CFTC for further review. (The Block)

Blockworks is partnering with Solana to launch an Investor Relations Platform

December 11 — Blockworks announced a partnership with Solana to launch Lightspeed IR, an investor relations (IR) platform built for professional investors and token issuers. Lightspeed IR is a closed, professional environment tailored for: liquidity token funds, institutional allocators and asset managers, family offices, Solana ecosystem teams, and large token holders. The platform will deliver the following services: - Powered by Blockworks’ data infrastructure, it grants access to high-fidelity on-chain data across the Solana network and leading applications. - Translates raw on-chain activity into actionable, framework-aligned institutional research simplified for information and communication workflows. - Provides ecosystem intelligence and IR workflows covering roadmap updates, KPI packages, governance changes, token events, and direct communication between teams and allocators.

Solana Co-Founder: Stablecoins are the clear focus right now, and Solana aims to compete for as much market share as possible

**Solana Co-Founder Anatoly Yakovenko (Toly) Addresses Breakpoint Conference** On December 11, Solana co-founder Anatoly Yakovenko (known as Toly) told attendees at the Solana Breakpoint Conference that growth hinges on building products people actually need. Stablecoins are the current clear priority, he noted—with an expected $1 to $10 trillion in stablecoins moving on-chain, powering the tokenization and on-chain shift of roughly $500 trillion in global assets. Toly added that public blockchains and cryptography (which deliver strong property rights protection) don’t clash with free-market capitalism or Wall Street logic—they complement them. By using software to cut out flaws and risks, these tools can expand Wall Street’s financial scale faster. He emphasized stablecoins are focused on growth, not replacing the U.S. dollar. Layer 1 (L1) networks, especially proof-of-stake (PoS) ones, have clear value capture mechanisms, he said. Solana’s goal? Grab as much market share

Marketnode and Lion Global Investors will issue a physically backed gold tokenized asset on the Solana network

Dec. 11 — Per official sources, Marketnode and Lion Global Investors are tokenizing physical gold stored in a Singapore vault, with the tokenized asset set to launch on the Solana network.