VELA

Stablecoins at an ATH, RWAs at an ATH, a million-plus wallets holding tokenized stocks, and the race is on to drive home a Porsche 911 GT3 RS. Here’s what happened over the week: 📰 Headline News - Stablecoin supply on Solana hit a new ATH of $17.3B - @anza_xyz's Alpenglow consensus upgrade is now on devnet - Tokenized equity holders on Solana crossed 1M - @joinfrontier launched Frontier Traders Season 1 with $1M+ in rewards and a Porsche 911 GT3 RS grand prize 📰 Launches - Solana's RWA ecosystem hit a new ATH of $4.6B+ across 3,000+ available assets - @kamino launched Fixed Rates with @HastraFi and @Figure - @Backpack activated cash dividend payouts for eligible tokenized stocks and ETFs - $COPX, $URA, and $SQQQ went live on Solana via @sunrise, issued by @Backpack Securities - @zama's $ZAMA and @solomon_labs' $USDv went live on Solana via @sunrise - @withAUSD received preliminary conditional OCC approval to organize as a national trust bank - @PythNetwork now distributes @Nasdaq's real-time quote and trade product for U.S. equities onchain - @centrifuge launched $HYB on Solana for actively managed U.S. high-yield corporate bonds with @NYLIManagement - @TetraDigitalGrp launched CADD on Solana, bringing the Canadian dollar onchain - @reflectmoney opened capped pre-deposits for its risk market built on @hylo_so's $eHYUSD - @altitude unlocked local payout rails for the UK, Mexico, Brazil, and Colombia - @ZetaChain announced migration of $ZETA entirely to Solana to power @AnumaAI - @metaplex introduced Vantage, a fully modular Solana trading terminal - @UsePaid celebrated $1.44M in creator fees routed directly to @X accounts via X Money - @rendernetwork opened a new onboarding round for the rendering node pool - @NOMADZxyz launched zero-fee travel bookings with stablecoin discounts across 300+ airlines - @epicentral_ v1 demo went live with native options trading - @morfimarkets launched its devnet for user-created opinion markets - @ORE shipped ORE Learn, an educational hub for mining and staking - @superteamITA officially launched in Italy - @sanctumso announced App 2.0, slated to launch on October 1st 📰 Milestones - US Solana ETFs recorded over $188M in weekly net inflows - Solana handled 76% of x402 transactions - @xStocksFi logged a record $160M single-day volume on @Raydium - @kamino originated $10M in AUTO Fixed Rate loans within 72 hours of launch - @Collector_Crypt recorded the largest tokenized TCG sale in history at $825K - @bulktrade surpassed $500M in trading volume on its invite-only mainnet - @clawpumptech crossed $200M in agent-driven volume 7 weeks until Solana takes over London for Breakpoint. If you enjoyed this week's newsletter, please share it with an RT. Artwork by @Groowut 🔥