The Sol Street Journal - Issue #13: Rise and Ship, It's Building Season!
April 8, 2026
Welcome back to a new edition of The Sol Street Journal!
These past two weeks hit harder than expected. Drift was hacked for over $280M - a massive exploit that saw attackers spend months infiltrating the team and gaining their trust. A reminder to always stay sharp, and that not everything that happens on April 1st is a joke, sadly.
In the meantime, building season is in full swing. Everywhere you look, people (and agents) just keep shipping: hackathons, bootcamps, ecosystem calls, new launches, and more.
And through it all, Solana keeps breaking records. At this point… are ATHs even news?
Here are the highlights from the everything chain.
👑 Milestones
Tokenized equities have picked their home: 94% of all onchain spot volume is settling on Solana
Solana overtakes Ethereum in all-time unique devs
RWA adoption keeps surging: holder count is up 440% YoY across stocks, funds, and commodities
Total dApp revenue on Solana saw a 40×+ expansion in less than 2 years, climbing to $4.3B
Stablecoin activity hits new highs: $650B processed in February alone, pushing aggregate transaction volume toward $2T per month
In Q1 2026, the network processed over 10B transactions - the highest quarterly result in Solana’s history
Total Solana monthly token holders reach a new ATH of 167M
💼 The New Home For TradFi
SoFi plans to integrate Solana for enterprise fiat and stablecoin banking, alongside partners including Jupiter, Mastercard, Fireblocks, and BitGo
SBI Holdings’ B2C2 - one of the largest institutional liquidity providers - chooses Solana as its primary network for institutional stablecoin settlement for clients including Robinhood, Standard Chartered, and Anchorage Digital
Interactive Brokers - one of the world’s biggest brokerages - launches crypto trading and makes $SOL accessible for 450 million people across Europe
Solana Foundation joins the x402 Foundation alongside Amazon, Visa, Mastercard, Stripe, and other global infrastructure players
📊 DEXs & Prediction Markets
Drift gets hacked for $280M - attackers spent months posing as builders, gaining trust, and eventually compromising a team member via a malicious link
Orca launches Vaults powered by Kamino, introducing automated liquidity yield strategies
Phoenix Perps rolls out referral codes, enabling fee sharing on trader volume
Jupiter turns token verification into a simple API call and releases a new desktop wallet
Introducing poll for Telegram - now you can literally put your (magic internet) money where your mouth is
RISE Launchpad goes live: a permissionless token launch platform designed to eliminate rugs
Phantom’s in-wallet P&L tracking is finally here
Imagine creating your own prediction markets and earning up to 50% of trading fees… Meet Worm
Titan Exchange launches DART, an onchain routing engine that dynamically optimizes trades at execution time
💧 DeFi, RWAs & Payments
Kamino surpasses $1.2B in RWA deposits, now leading lending markets ahead of Aave and Morpho
Bags releases Stock: launch a business and issue tokenized equity with built-in ownership structures in seconds
Bedrock introduces Bedrock Coins: permissionless token launches with integrated KYC and BVI entity formation, powered by Solana and Meteora
Flash Trade keeps pushing onchain forex further, with 2 bps fees and up to 500× leverage on the most popular pairs
Tokenized shares of Galaxy go live on Kamino’s Superstate Market
$SUI expands to Solana via Sunrise
🔧 Infra
Tektonic Company releases the first high-throughput real time x402 BigQuery table for Solana and Base
Anza introduces Constellation: multiple concurrent block proposers and one of the most ambitious upgrades proposed to Solana
Anchor v1.0.0 - the first stable major release of Anchor - is live
Solana rolls out ecosystem-wide security upgrades, including STRIDE and the Solana Incident Response Network (SIRN). Live and available to all protocols
MagicBlock launches a Private Payments API for confidential SPL transfers
✨ Building Szn
Solana Events announces Accelerate AI: an invite-only gathering focused on the Solana × AI frontier. May 6th, Miami
The 2026 Solana Developer Bootcamp goes live with 12 projects and bonus lessons to make you ship at the speed of light
Dev3pack launches a new Global Hackathon (May 8–10), with applications open until April 10
Eitherway introduces the Superteam Earn Hackathon, kicking off ahead of Colosseum Frontier
🤖 Agents > Humans?
SP3ND demos an AI agent purchasing from Amazon using USDC on Solana
Introducing Colosseum Copilot: turning agents into crypto startup experts
Onboarding devs into agent-native tooling with the Solana Agent Economy Hackathon Workshop - check it out!
MoonPay eliminates fees on stablecoin onramps for agents. Zero fees, zero spread
Solana Agent Skills is live: plug-and-play capabilities to build agents that know Solana
🧠 For the Overthinkers
Solana Ecosystem Call - hosted by Sol Brothers: if you missed it live, here’s the recording
Podcast - The Stack: Chase Barker shares his insights on perps and building on Solana
Article - Forbes: Why Crypto Is Obsessed With AI Agents - an interview with Rishin Sharma, Head of AI Growth at Solana Foundation
Video interview - FintechTV: Catherine Gu discusses the launch of Solana’s new developer platform SDP
Podcast - The Stack: Febo from Anza discusses the development of the new P-Token on Solana
That’s a wrap for today.
See you again on Wednesday, April 22 - same street, new stories.
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