This week on Solana: a UK-regulated bond fund, memory stocks, gold, and a 65-million-year-old Triceratops skull, all going onchain. Then the institutions showed up: KG Inicis, Korea's largest payment platform, signed on, and MoneyGram became a validator. 🔥
Here’s what shipped:
📰 Headline News
- @BGDA_UK launched $BAGEY, the first publicly available, fully native, UK-regulated tokenized bond fund
- Allfunds expanded its distribution network to Solana, bringing €1.8T in assets under administration closer to onchain rails
- @MoneyGram joined the Solana Developer Platform as an infrastructure partner and went live as a network validator
- Toss Bank partnered with @SolanaFndn to pilot stablecoin remittance rails for its 15M users
- KG Inicis, South Korea’s largest payment platform, signed an MOU to bring Solana stablecoin payments across its 25T KRW annual merchant network
- @colosseum announced the winners of the Solana Frontier Hackathon, with accelerator cohort spots to follow.
📰 Launches
- @SolanaFndn launched https://t.co/sUNfvDNcJG, unifying core network metrics under a single open schema across nine initial providers
- @Backpack Securities launched $MU, $SNDK, and $DRAM on Solana via @sunrise
- @HastraFi revealed plans to expand its institutional credit primitives into US auto loans with the upcoming launch of AUTO
- @Paxos’s $PAXG went live on Solana via @sunrise
- Mithril, a fourth, Alpenglow-compatible validator client, launched its test network implementation with active block production capabilities
- A regulated Solana ETF (SOLZ_KZ) officially listed on the Kazakhstan Stock Exchange (KASE)
- @solsticefi introduced aiUSX, a yield product that directly finances institutional AI data center infrastructure
- @Arcium’s $ARX went live on Solana alongside its Blackthorn™ for private frontier AI execution on NVIDIA GPUs
- @Titan_Exchange introduced DCA, enabling fully private dollar-cost averaging routed through its DART engine
- @rarible launched the Gacha Station with @Collector_Crypt, bringing graded real-world TCG and sports items onchain
- @thegardendao debuted as an internet capital experiment for fans to collectively buy and preserve sports history relics
- @surfcashx shipped crypto-native, uncollateralized loans that use wallet history to issue instant USDC credit
- @fairscalexyz opened the waitlist for its new app that turns onchain and offchain history into a reputation score
- @HoudiniSwap integrated with @jumperapp to bring private cross-chain swaps and bridging directly to Solana users
- @TXODDSOfficial launched a $50k World Cup hackathon covering prediction markets, trading agents, and consumer apps
- @ExponentFinance went live with Risk-Tranching primitives, launching principal protection features for @OnRefinance's ONyc vault
- @pumpcade announced the Cade Cup tournament with $5k+ daily prizes for World Cup predictions
- @JurassicFi announced plans to tokenize Deaton, a museum-grade, 60-65% complete Triceratops skull
- @swishdotcash rolled out Plug, allowing developers to integrate private Solana payments using a single line of code
- @loyal_hq launched an earn routing primitive that automatically sweeps idle wallet balances into yield-bearing smart accounts
- @SolanaFndn and @torqueprotocol kicked off a $25k Frontier trading campaign
- @EitherwayAI deployed Agentic Mode, an open-source model that builds and maintains web3 apps from a single prompt
- @packetchat debuted an encrypted private social network built for monetized interactions between users and AI agents
- @getblockio upgraded its RPC infrastructure, increasing Compute Unit limits across all plans
- @Helius shipped an API endpoint to let developers fetch any wallet’s exact asset balance at a historical slot or date
- Solana Summit Serbia announced its Belgrade lineup, hosting 40+ global regulatory, banking, and VC speakers this summer
📰 Milestones
- Solana tokenized stock volume crossed $10B all-time, with daily volume hitting a new $553M ATH
- @hylo_so surpassed $500M in cumulative processed volume
- @WSOP buy-ins processed on Solana via @moonpay hit $10M
- @ArcherExchange_ crossed $100M in cumulative trading volume within six weeks of launch
- @solflare’s Packs portal generated 10K+ pulls and ~$5M in insured TCG value in less than a week
- @useKled secured a $12M, two-year data acquisition deal
If you enjoyed this week’s newsletter, please share it with an RT.
Cover art by @DuckzzyOG 🤝
LATEST: @Solana is the top chain by app revenue, leading on the day, the week ($19M) and the month ($85M+), outpacing Hyperliquid, Ethereum and every other network.
$DRAM is tradable 24/7 on Kamino Swap.
Each token is backed 1:1 by a Roundhill Memory ETF share and redeemable through @Backpack, live on Solana via @sunrise.
Kamino's OnRe market is one of the largest RWA markets in DeFi.
$160M+ Market Size. $50M+ Borrowed. 1.1K Active Loans.
Real-world assets scale on Kamino.
Raydium has crossed $3B in cumulative tokenized equities volume.
Nearly a year to reach $2B, one month to reach the next billion, back-to-back milestones as onchain capital markets on Solana keep accelerating.
$DRAM is live on Raydium.
The Roundhill Memory ETF gives access to AI memory and storage infrastructure, now tradeable 24/7 on Solana via @sunrise, issued by @Backpack.