News
Solana Reaches 10% of Global USDC Supply as Circle Mints $500M in a Single Day
Circle minted $500M in USDC on Solana on June 8, pushing the network to 10.3% of global USDC supply, its highest share ever, as Ethereum's allocation contracts.
Solana 🧭 Compass
SIMD-547 Would Multiply Solana's Daily SOL Burns Up to 100x Through Resource-Based Fees
SIMD-547 proposes charging 0.1 lamports per cost unit consumed and burning 100% of those fees, projecting daily SOL burns of 10,800–64,800 versus today's 648.
Pump.fun Launches GO, a Bounty Marketplace Where Users Pay Anyone to Do Anything
Pump.fun launches GO, a Solana bounty marketplace. 320+ tasks, $144K unclaimed in hours, and immediate moderation questions over extreme listings on day one.
Solana's May 2026 Ecosystem Roundup: RWA Hits $2.8B ATH, Stablecoins Reach $16.4B, ETFs Post Best Month Since Launch
Solana's RWA market set a new all-time high of $2.8B in May 2026, stablecoin supply reached $16.4B, and spot ETFs drew $115.3M — the best month since October 2025.
SOL Strategies Appoints Bitcoin Foundation Co-Founder as Chairman as Staking Surpasses 3.6M SOL
Bitcoin Foundation co-founder Jon Matonis takes the SOL Strategies board chair as May metrics show 3.65M SOL delegated and a 521K SOL treasury worth ~CAD $57.6M.
Jupiter Launches Forecast, Solana's First Native Prediction Market With Multi-Market-Maker Quoting
Jupiter launched Forecast on June 4, introducing Prop AMMs that route prediction market orders across competing market makers for best-price execution on Solana.
SBI VC Trade to Manage WIZE's Solana Treasury as Japan's Biggest Financial Group Enters SOL Custody
SBI VC Trade will handle trading, custody, and asset management for Tokyo-listed WIZE's Solana treasury under a deal announced June 4 by Japan's SBI Holdings.
Solana Foundation and Google Cloud Launch Pay.sh, a Native Payment Rail for AI Agents
Pay.sh is a new open-standard gateway from the Solana Foundation and Google Cloud that lets AI agents pay per-request for APIs using stablecoins, with a Solana wallet replacing accounts and API keys.
SIMD-0550 Would Halve the Time to Solana's Terminal Inflation Rate, Cutting $1.5B in Future Emissions
Two Helius engineers propose SIMD-0550, doubling Solana's disinflation rate to 30% and reaching terminal inflation in 2029, cutting $1.5B in SOL emissions.
Forward Industries Moves $31.9M in SOL to Coinbase Prime After Month of Wallet Dormancy
Forward Industries (FWDI), the largest public Solana holder, transferred 455,784 SOL to Coinbase Prime after 30 days of dormancy, with its treasury sitting roughly $1.13 billion underwater.
Solana Mobile Adds Ratings, Reviews, and AI Summaries to dApp Store Publishing Portal
Solana Mobile adds ratings, reviews, AI weekly digests, and developer reply tools to its dApp Store publishing portal, now covering 900+ decentralized apps.
Axelar Connects Solana to 70+ Blockchains on Mainnet
Axelar's Solana mainnet integration goes live June 3, connecting Solana to 70+ chains via General Message Passing and the Interchain Token Service.
Solayer Launches Margin Trade, an On-Chain Perps Platform for Crypto, Commodities, and Equity Indices
Solayer's Margin Trade goes live on mainnet, offering cross-margin perpetuals across crypto, gold, silver, oil, and a synthetic US equity index on the Solana SVM L1.
Mastercard Brings Always-On Stablecoin Settlement to Solana With USDC, PYUSD, and RLUSD
Mastercard expands card settlement to Solana and seven other blockchains using regulated stablecoins, enabling intraday, weekend, and holiday payments.
Solana Foundation Backs Fully Onchain Perpetuals Push to Challenge Hyperliquid
The Solana Foundation is backing teams building fully onchain perpetual futures, setting explicit technical criteria as Hyperliquid holds ~70% of decentralized perps volume.
Andrew Yang's Noble Mobile Acquires Helium Mobile, Leaving HNT and DAO Intact
Andrew Yang's Noble Mobile acquires Helium Mobile's consumer carrier from Nova Labs. HNT and MOBILE tokens remain under Helium DAO control on Solana.
Solana Launches Native Subscription Billing and Recurring Payments on Mainnet
Solana's Subscriptions & Allowances program launches on mainnet, audited by Cantina and Spearbit, with seven partners including Helius, Confirmo, and Dynamic.
Charles Schwab Adds 24/7 SOL Futures to thinkorswim
Charles Schwab has added 24/7 Solana and Micro Solana futures to thinkorswim, the first Schwab product to trade around the clock across its $12.6T client base.
Raiku Launches rkuSOL, a Solana Liquid Staking Token Backed by Blockspace Auction Revenue
Raiku's rkuSOL gives Solana stakers exposure to AOT and JIT blockspace auction revenue on top of standard staking rewards, a new yield layer for LSTs.
Backpack Securities Launches Tokenized US Equity and ETF Trading on Solana
Backpack Securities launches June 2026, letting users buy real US stocks and convert them into tokenized equities on Solana via the Sunrise protocol.
Solana Led All Blockchains in App Revenue in May 2026
Solana apps generated roughly $91M in revenue in May 2026, more than any other blockchain, led by Pump.fun, Jupiter, Jito, and Raydium, per DefiLlama data.
Fitell Launches What It Calls Australia's First Solana Corporate Treasury With $100M Convertible Note Facility
Fitell Corporation secured a $100M convertible note facility to build a Solana digital asset treasury, deploying $10M in SOL immediately and planning an ASX dual listing.
Galaxy Research: Solana Held Its DEX Lead in Q1 While RWAs Grew 58% and Stablecoins Diversified
Galaxy's Q1 2026 Solana report: DEX leadership held at 31% share despite a volume drop, RWAs grew 58% to $2.5B, and stablecoins diversified well beyond USDC.
SOL Strategies Closes $18M Acquisition of HoudiniSwap, Adding Cross-Chain Swap Aggregator as Fifth Revenue Stream
SOL Strategies closes its $18M purchase of HoudiniSwap, a cross-chain swap aggregator with $2.5B in cumulative volume and $13M in 2025 revenue on Solana.
Dartmouth Endowment Adds Bitwise Solana ETF, Bringing Total Crypto Exposure to $14M
Dartmouth's $9B endowment disclosed a $3.3M position in the Bitwise Solana Staking ETF in its Q1 2026 Form 13F, expanding crypto exposure to $14M across BTC, ETH, and SOL ETFs.
