Week in Solana: Geopolitical Conflict Nukes
Solana briefly hit its lowest level in months as global tensions escalated in the Middle East.
Under the surface, Solana’s ecosystem made notable gains this week. A new stablecoin launched on its network. At the same time, a Nasdaq-listed company began tokenizing U.S. stocks on Solana.
Here’s a closer look at what unfolded on Solana this week.
Solana continues to generate strong on-chain revenue, outperforming competing chains.
In typical Solana fashion, a few lesser-known names outperformed.
Top Performers
Biggest Losers
Jupiter DAO Hits Pause on Governance Through 2025
First U.S.-Listed Company Tokenized on Solana via Kraken
Grass Unveils Grasshopper: First Hardware for Its Network
Grass has announced Grasshopper, the first dedicated hardware device for the Grass Network, with limited units available and a waitlist now open.
- Monitor macroeconomic trends and geopolitical shifts.
- Stay informed on Fiserv’s upcoming Solana-based stablecoin launch and its potential use cases.
- Adjust exposure to leverage as market volatility increases.
- Watch developments in Jupiter DAO governance, as changes may influence JUP’s price.
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