Bitcoin bordered near its top of all time, briefly reaching $ 106,000 while the strategy has invested $ 765 million to acquire 7,390 BTC. Despite the 3% BTC increase, most of the altcoins were moderate, Solana recording minor losses.
However, Solana’s ecosystem continues to explode. More than 325,000 new tokens were launched on its network this week (and not just parts even), and a new Messari report shows a series of supergreen metrics.
However, it did not do much to move the price needle, because the market capitalization of the Solana ecosystem remained unchanged while the volume of trading took a break of 37%.
On the technological level, the interoperability protocol of Chainlink (CCIP) was put online on Solana, while Metamask should deploy the native care of Solana in May 2025.
Here is a quick glance at what happened in Solanaland this week.
The American sec has postponed the decisions in two ETF Solana proposed. The ETF delay has slowed down the solana momentum and the asset fell 2.9% of the week to $ 167.
The total value of locked Solana (TVL) in DEFI increased up to $ 10.776 billion, now a clear advance on Tron, which occupies third place. Ethereum remains the main DEFI chain, followed by Solana, with Bitcoin and the BNB chain completing the first five.
The Solana’s volume of Solana continued its sequence of victories, winning 2.28% to reach almost 25 billion dollars.
Solana was the dominant chain of the weekly volume Dex for five consecutive weeks, raising competition from the BNB and Ethereum chain. Winner!
He leads in network income focused on key applications, overputing other major blockchains in global gains.
In addition, Solana demand income increased by 20% over the quarter of $ 975 million to $ 1.2 billion in the first quarter of 2025.
The most efficient
Frax (Frax) leads token’s performance in Solana’s ecosystem this week, while the AI data scratch protocol herb continues to pump.
Biggest losers
Bitgo associates with Upexi to hold Solana Holdings
The Crypto Bitgo goalkeeper has teamed up with the Electronic Commerce company Upexi while expanding his Treasury Solana’s synthesis. The agreement follows Upexi’s decision to double its Solana holdings to more than 595,000 tokens, worth around 100 million dollars.
Optimistic Network Solana to launch soon
The Optimistic Network Solana, a 2 Ethereum layer using the Solana virtual machine, announced a next air table of its token soon. The first supporters will receive 8% (80 million tokens) of the total offer.
Solana Name Service is launching a new SNS token
The Solana Name Service launched its SNS token, allocating 40% to the first and new supporters, with open claims until August 11 for wallets holding .SOL domains. The new token should replace Fida, which was deemed unbearable by the former donor Bonafida.
- Follow the dry updates on the decisions of Solana ETF pending.
- Claim free SNS tokens and soon paratroopers.
- Monitor institutional movements because Upexi holds $ 100 million in Solana.
- Stay vigilant while Altcoin prices fluctuate.
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