The Sol Street Journal - Issue #5
December 10, 2025
Welcome back to The Sol Street Journal - it’s Breakpoint week!
Solana’s biggest event of the year is kicking off in the UAE, and the heat isn’t just from the desert. Here’s a look at what’s been making noise across the ecosystem these past two weeks.
Before we jump in, check out the full Breakpoint agenda. And if you’ll be in the arena, don’t miss Neon Labs’ CEO, Ivan Bjelajac, on stage on December 12th, breaking down how ZK tech is unlocking new frontiers for Solana.
Now, let’s dive in.
🩷 ETF Szn Stays Strong
Franklin Templeton Solana ETF: SOEZ goes live on the NYSE.
Forward Industries partners with Sanctum to launch fwdSOL, increasing treasury flexibility, validator yield, and on-chain participation.
Vanguard supports Solana ETFs, unlocking regulated Solana access for millions.
👑 Milestones
Solana’s stablecoin supply reaches a new ATH, surpassing $16B.
Solana dominates tokenized stocks with over 95% share for four months and 99% in October 2025.
Solana RWA holders set a new all-time high, reaching 105,000!
Solana continues to lead all L1 & L2 chains in 24-hour dApp revenue and DEX volume.
📊 DEXs & Prediction Markets
Quantish integrates dflow’s Prediction Markets API to bring Kalshi prediction markets on-chain with Solana.
Drift rolls out v3 with 10× faster fills and a new UI.
Mass launches on Solana, enabling transfer of funds from stocks, perpetuals, and prediction markets with a single click.
Titan Exchange joins xStocks Alliance, offering tokenized equities to users through Solana’s top DEX aggregator.
DeFi, Payments & RWAs
Plume launches NestCredit vaults on Solana.
Seeker announces SKR tokenomics and TGE date.
Revolut integrates Solana payments, enabling 65 million users to transfer and stake SOL.
Turbo launches public beta with TurboSOL and TurboBTC.
Real-world yield comes to Solana with PRIME from Figure and partners.
Solflare introduces Shield, a tap-to-use, ultra-slim hardware wallet for simple security.
Hide My Wallet: A private stablecoin transfer with full on-chain verification is now live via Fusewallet.
Ranger Finance introduces $rgUSD in beta with a $1M mint cap.
🔧 Infra
Syndica unveils Sig, Solana’s third validator client. It is a fully conformant, purpose-built runtime that boosts network resilience.
SIMD-0296: Development tools supporting large-transaction builds through the use of an ephemeral network.
Helius joins Solana Mobile as a Guardian to help foster an open, secure, and developer-focused ecosystem.
sRFC 37: Token ACL Standard, a new permissionless access-control proposal for Solana, is now live.
Grid Smart Transactions enters private beta, enabling secure, autonomous money movement on Solana for DeFi, fintech, wallets, automation, and agents.
Base-Solana bridge is now live
🧠 For the Overthinkers
A collection of reports, interviews, and long reads - all worth your bandwidth:
Article - Helius: Will quantum computing break Solana? Find out in this article what Solana would need to change to become quantum-ready.
Podcast - Lightspeed: The Jito Endgame with Dani and Lucas Bruder of Jito Labs.
Article - Solanafloor: How to Buy and Trade Tokenized Stocks on Solana.
Podcast - Bits to Bricks: Amira Valiani speaks with Fredrik Ahlgren, founder of Sourceful, about the intersection of energy solutions and blockchain technology.
Report - Marinade: Solana staking report 2025.
That’s a wrap for today!
See you again on Wednesday, December 24, the last edition of 2025 - same street, new stories.
Before you go, hit subscribe and let the stories come to you:
Brilliant roundup on how Solana's gaining serious institutional traction. The Revolut integration is probably more significant than people realize since it basically opens SOL staking to tens of millions who've never touched a DeFi protocol. When you combine that with Franklin Templeton's ETF going live on NYSE, we're waching the rails get built for mainstream capital flows that were'nt possible even 6 months ago. The tokenized stock domiance (95%+ share) is lowkey validating the throughput thesis too.