Solana marked a record in new token launches, with 263K new assets for the day. The new wave of tokens arrived after the trend of pairing memes with RWA stocks or other crypto assets, driven by StonkFun and other launchpads.
Solana holds above key EMAs near $102.78 as momentum cools, open interest falls, and the Solana Foundation plans an October institutional event.
Solana currently trades around $103.47, showing a modest 0.18% decline in the past day. The digital asset has staged an impressive comeback from recent depths near $60, with multiple technical metrics now tilting toward bullish territory.
Expanded access: World has formally launched its standalone platform to over 1 million users from its waitlist. Active catalog: The protocol records more than 150,000 markets created across sports, politics, crypto, economy, and culture. Technical infrastructure: Automated contract resolution and settlement operate via Chainlink Data Streams and the Chainlink Runtime Environment.
Bastion Trading and allied shareholders control 9.99% of SkyAI and confirmed they will vote against the five nominated directors. Forward Industries holds 7,013,536 SOL in its treasury and rejected SkyAI's compensation plan to issue 5.145 million shares. SkyAI custodies the fifth-largest public Solana treasury, holding 2,009,494 SOL valued at approximately $207 million.
The expansion of tokenized stocks on Solana could redefine equity trading, enhancing accessibility but raising regulatory and operational challenges. Sunrise adds 20 new tokenized stocks on Solana via Backpack Securities.
Fee-charging pools have the clearest modeled benefit, while proprietary market makers and validators face different trade-offs.
World has opened its standalone Solana prediction market platform to more than 1 million waitlisted users after creating over 150,000 markets through its Phantom integration. World gives waitlisted users direct market access World said in a Sept.
SkyAI, a Solana treasury company, faces shareholder opposition to board reelection. Explore the governance dispute and the questions awaiting confirmation.
The concentration of Solana leader slots in Europe, particularly Frankfurt, highlights regional disparities in blockchain infrastructure and regulatory impacts. Europe holds 73% of Solana leader slots, Germany at 36%.
Solana generated about $6.56 million in 24-hour application revenue, leading major blockchain networks. Robinhood Chain produced $3.22 million, while BNB Smart Chain reached $3.26 million. Solana's strength extends beyond trading, with stablecoins, real-world assets and tokenized stocks supporting a broader onchain economy and expanding the network's potential sources of sustainable demand.
Solana's Platinum membership in the Rust Foundation strengthens its influence in shaping Rust's future, crucial for blockchain and AI advancements. Solana Foundation joins Rust Foundation as Platinum member at RustConf 2026.