Solana (SOL) currently trades around $102, experiencing a 3% decline in the past day. However, the broader picture shows a strong 34.8% gain across the last month.
DeFi Development closed an $11 million CHAD preferred stock offering carrying an initial 13% dividend rate to finance additional SOL purchases.
RWA and memecoin markets have been growing strength to strength.
Nike's NKE stock is now available on Solana through Sunrise, with Backpack Securities serving as the issuer. The tokenized equity gives Solana users access to Nike exposure through an onchain market designed for continuous trading.
The integration of peaq with Solana could significantly enhance decentralized infrastructure, driving real-world utility and token demand stability. Sunrise brings peaq to Solana as 3.3M machines bond tokens.
Solana will activate on September 9 an upgrade that will triple the maximum transaction size, from 1,232 to 4,096 bytes. The change, proposed in SIMD-0296 and the adoption of QUIC, allows ZK proofs, rollups and large multisigs to be executed in a single atomic transaction.
Solana is rebounding as traders watch whether improving momentum, network activity and broader crypto strength can drive SOL into a larger rally.
Fomo generated $1.76 million in daily revenue, surpassing Pump.fun's $1.1 million as competition grows across Solana's trading ecosystem.
On September 9, Solana will undergo a major network upgrade, with a new maximum transaction size of 4,096 bytes instead of 1,232 bytes on the blockchain. The modification could enable significantly more complicated operations within a single atomic transaction and represents a roughly 3.3x expansion.
Solana pulled in $348 million in 30-day RWA inflows, pushing its tokenized asset value to $720 million, per RWA.xyz data.
Solana strengthens its crypto transaction ceiling to catch up with Ethereum on complexity, during the same week Ethereum, on its side, is preparing the end of the obligation to hold ETH to transact. Two competing networks, two opposite strategic projects, and a shifting balance of power quietly taking shape behind the scenes.
The shift in tokenized equity trading highlights the growing influence of innovative trading mechanisms and memecoins on blockchain ecosystems. Solana's tokenized equity share drops from 71% to 30% as memecoins surge on rival chains.