The Sol Street Journal - Issue #20: More Room? More Records
July 30, 2026
Welcome back to a new edition of The Sol Street Journal!
Somewhere between Morgan Stanley launching a staked SOL ETP, perps printing a new quarterly record, and tokenized assets casually breaking ATH for the sixth time in a row, Solana found the time to double its blockspace… You know, just to keep things interesting.
We’ve stopped being surprised at this point. We’re just taking notes.
Let's unpack what happened over the past two weeks on the everything chain.
👑 Milestones
Stablecoin supply on Solana reaches $16.2B, with $4.11T moved over this year at an average of 9M transfers a day
Solana has now processed more spot volume than NYSE American for 13 straight weeks
Tokenized asset volume on Solana hits $5.8B in Q2 - a new ATH, up 114% QoQ and the sixth consecutive record quarter
Solana now processes approximately 97% of tokenized equity volume across all chains
Consumer card spend on Solana hits record levels in Q2 2026, with 94.32M in top-ups in May alone. Higher!
Perps szn is heating up: Q2 notional volume surges to $183.2B, a fresh quarterly record, up 27% from the previous ATH
DEX volume on Solana is now back above Bybit. Binance, watch out
💼 The New Home For TradFi
Morgan Stanley opens SOL spot trading on E*TRADE to eligible clients, reaching 8.7M households through its self-directed channel, in partnership with Zero Hash
KAIO brings the Mubadala Capital Alternative Solutions Fund to Solana - $75M in onchain commitments at launch, with Coinbase taking direct exposure. Abu Dhabi’s sovereign wealth arm, now tokenized
BancaStato, a government-owned Swiss bank with $24.2B in assets, adds regulated SOL trading directly in its banking app - execution and custody via Sygnum Bank
Morgan Stanley launches $MSOL, a staked Solana ETP on NYSE Arca - SOL now sits inside a $14B product suite, with every staking reward passed directly to investors
🫡 Everything on Solana
$INTC from Intel is live on Solana via Sunrise, issued by Backpack Securities
Beezie, the tokenized collectibles marketplace for graded cards, sneakers, and luxury goods with $142M+ ARR, expands to Solana - bringing its claw machines, marketplace, and vaulting infra to the chain with the deepest collector culture in crypto
Doppler goes live on Solana mainnet - configurable supply curves, auction-based price discovery, and custom fee routing for new asset classes that one-size-fits-all AMMs can’t handle
$MSTR from Strategy is live on Solana via Sunrise, issued by Backpack Securities - the world’s largest Bitcoin Treasury Company, now tradeable 24/7 onchain
📊 DEXs & Prediction Markets
The Frontier Traders leaderboard for $25K in $SPCX rewards is live - claims close August 18
Pump.fun introduces BOOST mode: every bonded coin now gets future liquidity reinjected via buybacks and burns for 5 minutes after migration - no more dead liquidity
Melee releases the litepaper for its Parimutuel Market Maker (PMM): a new mechanism for permissionless prediction markets that eliminates late-capital dilution and bootstraps liquidity from dollar one
Lexur launches in public beta: one interface for Pacifica, Jupiter, GMTrade, Flash, Bullet, Phoenix, Bulk, Adrena, and Derp - Solana perps, unfragmented
Flint Trade launches on Solana - prop AMM infra that lets market makers provide Solana liquidity without building Solana-specific infra from scratch
Byreal, the agent-native DEX, crosses $4B in total trading volume
Vistadex introduces Vistadex Indices: coherent benchmarks built from fragmented prediction market data, making broader trends easier to track and compare
Phoenix launches the Flight Club: 420K USDC distributed over 28 days, 15K USDC daily to active traders - no vesting, no waiting. Runs through August 23
Jupiter Spot V2 is live: Swap and Terminal merged into one page, with live market news, sector heatmaps, whale tracking, and X signals all next to your swap button
💧 DeFi, RWAs & Payments
Ramp introduces stablecoin payments: businesses can now pay vendors and move money cross-border in USDC or USDT using the same approvals and accounting workflows they already have
Backyard launches Backyard BBQ Season 0 - a full-cycle yield manager on Solana where you build and manage diversified strategies across Solana’s top yield products, with rewards from day one
MetaMask now pays the gas fee on Solana swaps over $200 - SOL-less swaps, live now
SurfCash integrates MoonPay deposits: fund your non-custodial stablecoin payments account with crypto from any wallet on any chain
Raydium launches permissioned AMMs for KYC-gated tokenized assets on Solana - Superstate is the first partner to integrate for tokenized equities
Kamino launches the PAXG Market, curated by SteakhouseFi: supply tokenized gold as collateral, borrow USDG
Solflare introduces Bridge - a permanent deposit address to receive funds from any chain into your Solflare wallet. Save it once, use it forever. 0% fees for the first 30 days
Hastra and Figure bring AUTO live on Solana - a tokenized US auto loan asset with looping and lending strategies available on Kamino, powered by Chainlink Data Streams
🌍 Community & Opps
Solana Summit Serbia is happening August 26-27 in Belgrade - the biggest event of the summer, and entry is free
SheFi Season 17 x Solana officially kicks off. 3,000+ women in!
Solana Summer House is back for its second edition - August 29 in LA, together with Spenders Club and Solana Spaces
🔧 Infra & Buildoors
Solana doubles its blockspace: SIMD-0286 raises the block limit from 60M to 100M compute units - 66% more capacity, live on mainnet. Alpenglow and 200ms slot times come next
RPC performance data is now live on solana.com/data - near real-time benchmarks across Alchemy, Helius, QuickNode, and Triton One, side by side
Forma goes permanent with the Forma Campus in Bristol, UK - the home for founders and artists building on the internet, powered by Solana
Machine.fun opens applications for The Foundry - an accelerator for Physical AI founders going from working prototype to shipped product
NoahAI announces Noah Accelerate: a program selecting 5 Solana founders to turn their ideas into working dApps, with credits, marketing support, and direct building support. Applications open until August 7
Thea Network launches: a federated execution, coordination, and settlement layer for AI services anchored to Solana with ZK proofs - enabling cross-border micropayments and trust-minimized accounting across users, agents, and model providers
Colosseum launches Eternal - a perpetual hackathon running between its two main events, with on-demand 4-week sprints competing for $250K in funding and accelerator acceptance
🧠 For the Overthinkers
Blockworks - Report: Solana Quarterly Q2 2026
When Shift Happens - Podcast: Solana and Zcash with Mert Mumtaz
Genfinity - Podcast: Jupiter’s Full-Stack Play - interview with Kash Dhanda, Jupiter’s COO
The Peel - Podcast: Everything Solana: full interview with Anatoly Yakovenko
Fortune - Article: Coinbase Invests in Tokenized Version of Abu Dhabi’s Sovereign Wealth Fund
That’s a wrap for today.
See you again on Wednesday, August 19 - same street, new stories.
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