The Sol Street Journal - Issue #14: Solana, Aave, and a United DeFi
April 29, 2026
Welcome back to a new edition of The Sol Street Journal!
As if the Drift hack wasn’t enough, the past two weeks raised the stakes.
The KelpDAO bridge exploit left Aave with roughly $180M in bad debt - and for the first time ever, the Solana Foundation stepped outside its own ecosystem. Under DeFi United, it deployed $USDT into Aave to help stabilize liquidity. Kind of a cross-chain plot twist, isn’t it?
A move that says less “chain vs chain” and more “DeFi is DeFi”. Read more in this article.
On the same note, $AAVE goes live on Solana, alongside $XRP and $CHZ - a signal that assets and capital are starting to move more freely across ecosystems.
Meanwhile, building season is in full swing, and we’re heading straight into Solana Summer with Accelerate Miami next week.
Let’s break it all down.
👑 Milestones
Solana economic activity crossed $1T in Q1 2026. The first time in history!
Pokémon TCG gacha spending on Solana reaches $233.8M in Q1 alone
Tokenized pre-IPO equities on Solana grow ~200% YTD. WAO.
94%+ of tokenized equity spot volume is happening on internet capital markets
Solana’s RWA value surpasses $2.5 billions
Solana outpaces Ethereum in weekly dApp revenue for the 5th straight week, hitting $16.94M
Spot SOL ETFs record $9.44M in weekly inflows, pushing total net inflows past $1B
🫡 Every Token on Solana
Wrapped XRP is now live on Solana
AAVE token is live and tradable on Solana via Sunrise DeFi
CHZ from Chiliz - the blockchain powering fan tokens for major sports brands - is live on Solana
📊 DEXs & Prediction Markets
Tether backs Drift’s $150M recovery plan, supporting relaunch of the exchange and USDT expansion
Vistadex launches claim markets, turning real-time opinions into tradeable positions
Meteora ships a unified portfolio dashboard for LP tracking - everything in one place
X’s new cashtag feature is powered by Solana
Husher Exchange brings instant private swaps to Solana
Jupiter Lend introduces tokenized stocks as collateral, with up to 3.8× leverage
Blockchain analytics platform Arkham launches its own trading DEX
AFK.fun goes live: automated trading while you’re… AFK
Jupiter releases Prediction Bot - bringing markets directly to Telegram
💧 DeFi, RWAs & Payments
Kamino introduces whitelisted reserves: a new safety layer for lending vaults
Bitget launches IPO Prime, a new market for pre-IPO tokenized exposure, starting with SpaceX’s preSPAX token sale
Perena integrates ZK-powered Proof of Reserves for USD*, enabling privacy-preserving verification
Top Ledger launches DeFi Monitor: track every reserve, valut, and market in one place
MatrixDock brings gold onchain with XAUm: instant ownership with onchain proof
Ramp adds support for USDT on Solana
🔧 Infra
Helius latest upgrade makes historical data up to 10× cheaper across key endpoints
Harmonic advances with streaming block delivery and advanced scheduling
To the moon (literally)! Skymapper launches the first DePIN for space discovery, powered by Solana
RPC 2.0 goes live - a faster, cheaper, more expressive read layer built by Triton One and Solana Foundation
DoubleZero Edge beta goes live
✨ For the Buildoors
Superteam Black is here: an invite-only founder success program for early-stage teams: capital, distribution, and all the resources builders need to scale beyond their local ecosystem
Free infra? In this economy? Alchemy launches a $20M fund for Solana builders. Up to $25K in credits per team
Immunefi opens a $1M audit competition for Firedancer V1. Closes on May 9th
Superteam releases solana.new: an all-in-one builder kit with 150+ tools, integrations, built-in skills, and MCPs to accelerate the growth of tasteful and useful crypto apps
Solana Foundation announces a London Special Edition of Hacker House, leading into Breakpoint 2026 (Nov 1-12)
Colosseum launches a Cofounder Matching platform to assists builders in finding their perfect team to ship
Solana Incubator opens applications for Cohort 5 (deadline: June 5)
🤖 Agents > Humans?
Pudgy Penguins ships PenguBot, an agentic trading companion on Telegram
Agent-native DEX Byreal introduces RealClaw: the AI agent that earns while you sleep
Metaplex launches agent tokens, allowing agents to fund themselves with instantly tradable tokens + $50k in $MPLX rewards
Krexa debuts on Solana bringing uncollateralized lending for AI agents
DFlow releases Agent CLI: a purpose-built interface for agents to execute spot crypto, tokenized equity, and prediction market trade
Crossmint integrates Mastercard into the agent stack, enabling real-world payments for AI agents via lobstercash
🧠 For the Overthinkers
X Article - Ivan from Nomadz: Why you should join Superteam
Video interview - Mango: Rocky Chris, co-founder of Titan Exchange discusses their journey, vision, DART, and more
Report - Blockworks - Solana Quarterly Token Holder Report - Q1 2026
Video interview - Crypto in America: LIVE session from the Solana Policy Institute with Lily Liu - President of the Solana Foundation
Interview - The Index Podcast: Kru Shah explains what led him to build Umbra Privacy
Podcast - Open Intelligence: Transforming AI Agent Payments - Inside Lobster Cash with Alfonso from Crossmint
Video Interview - Roundtable Network: Nick Ducoff - Head of Institutional Growth at Solana Foundations - explains why institutions are choosing Solana for RWAs
Report - Solana Foundation: Solana’s quantum readiness by Anza and Firedancer
That’s a wrap for today.
See you again on Wednesday, May 13 - same street, new stories.
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