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.
Renowned crypto investment firm Grayscale has continued to see renewed interest in its recently launched Solana investment product as the fund continues to draw in capital.
Solan's latest decline has raised concerns about its Q4 rally.
Solana recovered above $107 on Tuesday as buyers reclaimed a key moving average following Monday's pullback. SOL is now trading at $106.54, slightly below its 50-day exponential moving average at $107.49. The rebound coincides with new investment and tokenization developments in Hong Kong, although continued ETF withdrawals and subdued momentum temper the recovery outlook. Hong Kong prepares for second spot Solana ETF Solana announced Monday that the Pando Solana ETF was scheduled to list on the Hong Kong Stock Exchange on Tuesday. Click Here The product would become Hong Kong's second spot Solana ETF, expanding access to SOL through a traditional investment vehicle.
The fund trades under ticker 2831.HK, directly holds SOL and charges a 0.6% annual management fee.
Solana's dominance in TCG gacha spending highlights its strong market position, driven by low transaction costs and strategic partnerships. Solana captures 61.5% of $833.4M TCG gacha spending in Q3 2026.
SOL traded at $108.17 on Oct. 13 as a tokenized USDGO fund launched and the Pando Solana ETF prepared to list in Hong Kong.
SOL traded at $108.67 early Oct. 13, remaining below its 20-day EMA but above its 50-day EMA as conditional forecasts set key levels.
Solana's share rose 9.88% over the past month, while Bitcoin held 6.48% and Ether 3.93%.
Solana's rising mindshare could reshape crypto market dynamics, influencing investor sentiment and potentially altering future price trends. Solana tops crypto mindshare, outpacing Bitcoin and Ethereum.
At $107.86, Solana had a $63.5 billion market capitalization. A $500 price would imply about $294.6 billion if circulating supply stayed near 589.2 million SOL.