Solana accounts for $56 million of the deposits, while Ethereum accounts for $37.1 million. xStocks has issued $858 million across eight blockchain networks.
The gathering is expected to bring developers, investors and crypto enthusiasts together to discuss new projects and Solana's future direction.
SOL rebounded to $107.77 on Oct. 13 but remained below key daily trend levels as U.S. spot Solana ETF outflows coincided with the pullback.
The upgrade targets 150-millisecond finality and requires software and infrastructure changes from validators and block-data providers.
Solana price has rebounded toward $108 after falling close to $100, but its position below daily trend resistance leaves the recovery facing an early test near $111. TradingView's Binance SOL/USDT daily chart showed Solana trading at $107.77 on Oct.
Solana has had a volatile run this year, with periods of recovery followed by renewed selling pressure. After climbing toward $125 in late September, the token pulled back in October, slipping toward $107 as traders reassessed its near-term outlook.
The Alpenglow upgrade could significantly boost Solana's network efficiency and market position, potentially influencing investor confidence. Solana's Alpenglow upgrade targets October 21 for 150ms finality.
Pando Finance plans to list Hong Kong's second spot Solana ETF on HKEX on October 13, charging a 0.6% annual management fee.
Pando Finance lists Hong Kong's second spot Solana ETF on HKEX with a 0.6% management fee, below ChinaAMC's 0.99%. The fund will not stake SOL.
SkyAI sold about 1 million SOL to fund a $201 million share tender offer that requires SOL to stay above $100, as Solana slipped below $110.
Kamino Lend held $1.314 billion and Jupiter Lend $1.128 billion on Oct. 13. The total includes deposited and borrowed tokens.
Solana's high stablecoin lending yields may attract more depositors, but liquidity risks and reward volatility could pose challenges. Solana ranks as top chain for stablecoin lending yields.