Solana is expanding its position in tokenized real-world assets.
The market rose from $63 million as xStocks activity expanded, with more than $65 million in Solana tokenized equities being used to earn yield.
SOL was down 2.32% over 24 hours, while short liquidations totaled $60,000 in the same one-hour window.
The Solana blockchain holds $1.49 billion less in stablecoins than on September 25, a drop of 8.6 percent. At the same time the ETF outflows have been running for ten trading days.
TL;DR: Solana Mobile has announced Ledger as its first external hardware partner, bringing its software to Ledger's Atom device. The move extends Solana Mobile's strategy beyond its own Saga and Seeker smartphones.
Solana's resilience is notable, but its stake concentration poses systemic risks, potentially impacting network stability and decentralization. Fidelity report finds Solana resilient but flags concentration in stake, hosting and clients.
Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report.
SOL was $104.63 at 1:02 a.m. ET Saturday, down 1.01% over 24 hours after trading between $102.63 and $107.07.
TL;DR: Solana's Accelerate event in Shanghai was abruptly postponed after organisers said registrations exceeded permitted capacity. The disruption came against the backdrop of China's restrictive policies toward commercial cryptocurrency activity.
Bitwise Solana Staking ETF (BSOL) accounted for the full withdrawal as the funds' outflow streak reached 10 trading sessions.
Solana targets faster transaction finality as SOL holds near $105 and traders track key support levels.
Spot decentralized exchange volume reached $197.2 billion, or 36% of cross-chain spot trading.