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Charles Schwab, Bitwise’s First $1B ETF, and SGP-0002: Solana’s Wall Street August 2026

The Solana August 2026 intelligence report covers Charles Schwab adding SOL across 39.9M accounts, Bitwise BSOL crossing $1B as the first Solana ETF milestone, SGP-0002 governance vote, Agave 4.2, Western Union Stablecard, and tokenized equities crossing $4B.

Generation Infinity
By Generation Infinity

Charles Schwab announced SOL trading across 39.9 million brokerage accounts. Bitwise BSOL became the first Solana ETF to hit $1 billion in AUM. Solana generated $143 million in app revenue (38.1% of the entire onchain category) and processed 5.22 billion non-vote transactions, 3.2x every other major chain combined. SGP-0002 passed 67%. August 2026 was Solana’s Wall Street month backed by chart-leading performance.

August 2026 turned Solana’s institutional trajectory into a Wall Street distribution story backed by chart-leading on-chain performance.

Charles Schwab announced SOL trading across 39.9 million brokerage accounts on August 27. Bitwise’s BSOL crossed $1 billion in AUM the next day, becoming the first Solana ETF to hit the milestone. Western Union launched Stablecard on Solana via Rain and USDPT earlier in the month. Backpack Securities brought Moderna, Eli Lilly, and Take-Two onchain.

Solana also held its first-ever onchain governance vote, passing SGP-0002 Double Disinflation with 67% support and 176 million SOL committed. Agave 4.2 shipped with 200ms slot times, 3.3x transaction sizes, and 90% rent reduction in a single release.

The performance data backed every distribution deal. Solana generated $143 million in app revenue for the month, 38.1% of the entire onchain app revenue category and more than 3x Ethereum’s contribution. Non-vote transactions hit 5.22 billion, 3.2 times the other nine major chains combined. This recap covers everything from Solana August 2026, organized by theme.

Charles Schwab, Bitwise’s $1B Milestone, and the Solana Treasury Company Category

Charles Schwab Announces SOL Trading Across 39.9 Million Accounts

The single largest institutional distribution announcement of the month arrived on August 27, 2026, when Charles Schwab confirmed plans to add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to Schwab Crypto Direct in the coming months. As of July 31, 2026, Schwab held $13.04 trillion in client assets across 39.9 million active brokerage accounts. Trading fees will run at 75 basis points across the platform.

The scale of this distribution is the story. Schwab Crypto rolled out BTC and ETH trading to retail clients in May 2026. Adding SOL, AVAX, and LINK signals that Schwab’s crypto product roadmap has moved from category-defining assets to selectively expanding the roster based on institutional-grade infrastructure readiness. Solana is the first of the three that meaningfully competes with Ethereum on developer activity, stablecoin issuance, and ETF product depth. For a firm managing $13T in client assets to greenlight SOL alongside BTC and ETH represents the clearest signal yet that Solana has cleared traditional wirehouse due diligence.

Bitwise BSOL Becomes First Solana ETF to Cross $1 Billion AUM

Bitwise’s Solana Staking ETF (BSOL) crossed $1 billion in assets under management on August 28, reaching the threshold approximately 10 months after its October 2025 launch. The fund holds 9.33 million SOL, representing over 50% of assets across all Solana ETFs and 79% of net flows across the category. BSOL stakes 96% of its holdings and passes through a 5.80% staking yield to investors.

The milestone matters for two reasons that compound. First, BSOL becomes only the third crypto ETF category to cross $1 billion in AUM after BTC and ETH products. That puts Solana in a two-year lead over Avalanche, Chainlink, Polkadot, Cardano, and every other Layer-1 competing for institutional ETF flows. Second, BSOL crossed the threshold during a period when SOL’s price sat approximately 60% below its all-time high. That inflow pattern signals durable buy-side conviction rather than opportunistic positioning around SOL price appreciation.

Bitwise waived its sponsor fee on the first $1 billion in assets during a three-month introductory period, which contributed to the aggressive early accumulation. With the sponsor fee now activated at 0.20%, BSOL enters its next phase as a revenue-generating institutional product. Cumulative Solana ETF inflows across all issuers hit $1.34 billion for August alone, with single-day inflow highs of $60 million.

DeFi Development Corp Announces $20M CHAD Preferred Stock

The Solana treasury company category evolved on August 31 when DeFi Development Corp (Nasdaq: DFDV) announced plans to issue up to $20 million in variable-rate Series C perpetual preferred stock at $10 per share with an initial 13% annualized dividend. Marketed as “CHAD Stock,” the offering funds operations, additional SOL purchases, and expansion. This is the first Solana treasury company to reach the capital markets sophistication tier of preferred stock issuance, layering traditional TradFi instruments on top of the underlying SOL exposure. Signals that public-market SOL exposure is now available across common equity (DFDV), spot SOL ETFs (BSOL and others), and now preferred equity structures.

Payment Rails Snap Together: Western Union, Cash App, MoneyGram, and Korea

Western Union Launches Stablecard on Solana via Rain and USDPT

The largest remittance company in the world chose Solana as its stablecoin settlement rail on August 4. Western Union and Rain launched Stablecard, a digital wallet and USDPT-backed Visa card. Live in 37 markets at launch with 60+ planned by year-end. USDPT is issued by Anchorage Digital Bank on Solana and redeems 1:1 for USD. Card spending works anywhere Visa is accepted across 175 million merchant locations. Users can add Stablecard to Apple Pay and Google Pay.

The strategic mechanics are what matter. Western Union operates a $107 billion global remittance network. Stablecard extends that network into stablecoin infrastructure by letting users accept transfers directly into a USDPT wallet, hold digital dollars, and spend via the linked Visa card. Rather than requiring merchants to adopt a new payment rail, Rain and Western Union bridged the stablecoin economy into Visa’s existing card acceptance network. Solana serves as the settlement layer beneath the entire flow. For Western Union to choose Solana for this launch positions the network as the default rail for MTO stablecoin card products going forward.

Cash App Integration Goes Live on Solana

Block’s Cash App integration went live on August 19, 2026, giving Cash App’s consumer user base direct access to Solana-based assets and transfers. This extends Solana’s fintech distribution footprint beyond MoonPay and Coinbase into the largest peer-to-peer payment app in the United States. Combined with Western Union’s Stablecard launch two weeks earlier, Solana now sits inside the settlement layer of two of the largest consumer payment brands in the U.S. market.

MoneyGram API Ramps for 60 Million Customers, Plus Validator Announcement

MoneyGram Ramps went live for 60 million+ customers across approximately 500,000 MoneyGram locations on August 16. Amir Avallaneh, Solana Foundation Head of Payments Growth, framed the mechanic directly: “If you’re building a wallet or an application on Solana, you can tap into MoneyGram’s API.” The integration extends Solana’s payments layer into physical cash-conversion infrastructure at genuine scale. Beyond the API integration, MoneyGram also announced its own Solana validator in late August per the Solana Changelog for August 27. The relationship extended from API partner to network participant in the same month.

MoneyGram Ramps on Solana Goes Live, Putting 500,000 Cash Locations Behind a Single API

KSNET MOU for 330,000 Korean Merchants

South Korean payment processor KSNET signed an MOU for a stablecoin settlement pilot across 330,000+ merchants on Solana on August 2. Referenced in the Solana weekly recap and covered across ecosystem outlets. Positions Solana as the settlement rail for Korean merchant payment processing at scale, complementing the Shinhan Asset Management partnership announced later in the month.

KSNET Brings Solana Pay to 330,000+ Korean Merchants in Solana Foundation MOU

Tokenized Equities and RWA Cross $4 Billion

Solana RWA Ecosystem Crosses $4 Billion Total Value

Solana’s real-world asset ecosystem surpassed $4 billion in total value on August 23, per the Solana Foundation weekly recap. Tokenized equities supply hit a $465 million weekly ATH. Tokenized commodities exceeded $50 million for the first time. Total RWA holders exceeded 350,000. Cumulative Raydium tokenized stock volume crossed $4 billion in the same window.

The category has moved from proof-of-concept into broad institutional distribution in three months. Solana’s advantages for tokenized RWAs, sub-second settlement, sub-cent fees, and a maturing wallet-and-DEX distribution stack, have compounded into a real capital markets venue. The August print puts Solana in the same discussion as Ethereum for tokenized asset venue selection, which was not credible even earlier in 2026.

Backpack Securities Brings Moderna, Eli Lilly, and Take-Two Onchain

Backpack Securities took center stage as the primary vehicle for issuer-participated tokenized equities on Solana during August. On August 6, Solana highlighted the model: every share is bought through the U.S. brokerage system, then withdrawn onto Solana as a token that moves freely across the ecosystem. Deposit it back and it redeems one-to-one for the underlying security entitlement. Take-Two Interactive ($TTWO) was live at launch.

Named issuer additions accelerated through August. Moderna ($MRNA) went live on Solana via Sunrise (issued by Backpack Securities) on August 19. Eli Lilly ($LLY) followed in the August 23 Solana weekly recap. Marvell Technology ($MRVL) added later around August 30. All available across Raydium, Phantom, Jupiter, Fomo, ArcherExchange, Kamino, Mayan, and other Solana venues. Tokenized biotech and pharma equities extend the Backpack Securities model beyond financial services into healthcare, giving Solana the broadest sector coverage of any tokenized equity venue.

Neuberger Berman and Securitize Launch HINC on Solana

Securitize launched the Neuberger Securitize High Income Tokenized Fund (HINC) with Neuberger Berman on August 18. HINC is Neuberger Berman’s first tokenized fund and available on Avalanche, Ethereum, Solana, and Sui. Neuberger Berman operates a $230 billion AUM platform. This continues the pattern of top-tier asset managers using Securitize as the tokenization infrastructure layer with Solana as one of the primary distribution rails. HINC pairs Neuberger’s fixed income capabilities with programmable onchain distribution and transfer mechanics.

Securitize Crosses $1 Billion AUM on Solana

Securitize confirmed reaching billion-dollar scale on Solana on August 24, becoming the second public blockchain where the tokenization platform has crossed $1 billion AUM. Ethereum was first. The Securitize framing captured the shift: “Solana’s tokenized asset market is accelerating, and we’re proud to be a leading contributor to that growth. Tokenize the World.” Securitize’s decision to publicly recognize the milestone signals that Solana has moved past the “second chain” narrative and into serious contention as a primary tokenization venue.

Bullish Executes First Tokenized Equity Trade on a Regulated Exchange

Bullish executed the first tokenized equity trade on a regulated digital asset exchange on August 19, with its BLSH shares originally tokenized on Solana. This is a category first for regulated exchange integration of Solana-native tokenized equities. Extends the addressable market for tokenized equities from crypto-native venues into regulated exchange infrastructure.

Securitize and Loopscale Enable Onchain Credit Against Tokenized Equities

Tokenized SECZ went live in Loopscale’s onchain credit markets on Solana on August 20. Eligible holders can post SECZ shares as collateral to borrow stablecoins at fixed rates while continuing to hold their equity position. HINC followed the same pattern on September 1. Establishes an early credit-market use case for tokenized equities on Solana beyond simple issuance and transfer. Bridges tokenized equities into DeFi collateral primitives, which unlocks a category of institutional use cases that centralized brokerage rails cannot easily match.

Agave 4.2, Slot Time Reductions, and the Infrastructure Upgrade Cycle

Agave 4.2 Ships With 200ms Slot Times, 3.3x Transaction Sizes, and 90% Rent Reduction

Solana Devs announced Agave 4.2 on August 2, 2026. The release bundles three feature-gated upgrades of unusual scale for a single Layer-1 release. Ninety percent rent reduction rolls out in staged steps starting late August. Transaction size expands 3.3x to 4,096 bytes, with Transaction V1 activating September 9. Slot time steps from 400ms baseline through intermediate 300ms and 250ms increments toward a 200ms target. Alpenglow consensus code (Votor + Rotor) ships in the same release, targeting Q4 2026 for approximately 150ms finality replacing TowerBFT’s current 12.8-second confirmation.

Solana framed the compression directly: “Faster, cheaper, bigger. Agave 4.2 is almost here.” The release closes multi-year infrastructure roadmap items in a single build. For institutional counterparties evaluating Solana against Ethereum, Agave 4.2 removes the last remaining technical objections around throughput ceilings, finality latency, and transaction complexity limits.

Slot Times Progressively Cut on Mainnet: 400ms to 300ms in Eight Days

Solana progressively reduced mainnet slot times from 400ms baseline through 350ms (announced August 20) to 300ms live on mainnet by August 23. The 300ms activation represents a 25% throughput improvement in an eight-day window. Live tracking sits at solana.com/200ms. The 200ms target activates in subsequent epochs following further validator client updates.

Speed is a demand-side accelerator for the payment rail integrations shipping in the same month. Western Union Stablecard, Cash App, and MoneyGram all depend on sub-second confirmation times to compete with card-network user experience. Solana’s slot time reductions during August directly widen the gap between Solana and alternative settlement layers for merchant-facing consumer payment flows.

Solana Cuts Slot Time to 350ms at Epoch 1020, the First Reduction Since Genesis

August’s Chart-Leading Numbers: $143M in App Revenue, 5.22B Transactions, and $67.2B DEX Volume

App Revenue: $143M and 38.1% of the Entire Onchain Category

Solana generated $143 million in app revenue during August, representing 38.1% of the entire onchain app revenue category across all chains. That put Solana at #1 among all ecosystems by app revenue, well ahead of Hyperliquid L1 ($55.6M) and Ethereum ($47.1M). Pump.fun contributed approximately $58.2 million and Axiom Exchange contributed approximately $23.96 million as the two largest revenue drivers. Weekly dApp revenue peaked at approximately $35 million during the month, a 29-week high.

The category context matters. In July, Solana’s share of onchain network revenue was 16.5% (third overall). By August, Solana’s app revenue share of the total onchain category more than doubled to 38.1%. This is not a marginal improvement. It is the largest single-month share expansion by any Layer-1 in 2026.

5.22 Billion Non-Vote Transactions — 3.2x Every Other Major Chain Combined

Solana processed 5.22 billion non-vote transactions in August, implying approximately 1,948 TPS sustained across the month. The scale is what matters. Solana handled 3.2 times more transactions than the other nine major chains combined. That single stat reframes the throughput conversation for any institutional counterparty comparing Layer-1 infrastructure. Solana is not the fastest chain among peers. It is running an order of magnitude past peers on actual transactions settled.

Peaks within the month included 216 million non-vote transactions in a single day around August 23. Median transaction fee across the month held at $0.00047, which is what makes the sub-cent micropayment and agentic commerce use cases economically viable at scale.

DEX Volume, TVL, and 80M Monthly Active Users

Spot DEX volume on Solana hit $67.2 billion in August, representing 43% share of tracked cross-chain volume. Total Solana DeFi TVL grew to $5.79 billion (+19.9% MoM). Monthly Active Users reached approximately 80 million, roughly 3x BNB Chain. Per Artemis, Solana ranked #1 across transactions, MAU, and DEX volume for the month, and #2 in fees (behind only Tron).

Stablecoin Supply Hits $15.7B ATH, USDC Issuance Records

Solana’s total stablecoin supply on the network sits at $15.7 billion, an all-time high per the August 6 Solana ecosystem update. Circle issued a record $3.25 billion USDC on Solana in a single week in late August, sustaining Solana’s position as the top USDC issuance venue outside Ethereum. Standard Chartered’s Geoff Kendrick captured the stablecoin market share on August 27’s House of Sol podcast: “1 in 5 stablecoin transactions happens on Solana.”

SGP-0002 and Solana’s First Onchain Governance Vote

Double Disinflation Passes With 67% Support in Historic First Vote

Solana held its first network-wide onchain governance vote from August 22-27, 2026, with results confirmed on-chain by August 29. Proposal SGP-0002 (“Double Disinflation”) passed with 67% support, narrowly clearing the two-thirds supermajority requirement. Final tally: 176.29 million SOL in favor, 66.19 million against, 20.63 million abstentions. Kraken and Galaxy Digital flipped late in favor per CryptoSlate coverage, providing the votes needed to pass.

The mechanical impact is meaningful. SGP-0002 doubles the annual SOL disinflation rate from 15% to 30%. The terminal inflation target remains 1.5%, but the timeline to reach it compresses from 5.7 years to 2.8 years. Projected SOL issuance drops by approximately 18.9 million tokens over six years. The Network Constitution was ratified concurrently, formalizing the governance framework going forward.

The precedent matters as much as the numbers. This is the first time in Solana’s history that validators have voted directly on the network’s economic rules through onchain infrastructure. The two-thirds threshold, the multi-day voting window, and the late-flip dynamics from major infrastructure operators establish the governance template for every subsequent economic policy decision. Layer-1 networks generally get one shot to run a legitimate first onchain vote. Solana ran a contested, close, transparent process that established the framework rather than a rubber-stamp exercise. That matters more than the specific tokenomics outcome.

Agentic Payments Stack Ships in Production

Ramp Corporate Cards Enable Agent Wallets With x402 on Solana

Corporate expense infrastructure crossed into agentic commerce on August 20 when Ramp announced that customers can fund agent wallets and let agents buy via x402 on Solana. Solana Foundation captured the moment cleanly: 35 million+ transactions have settled over x402 protocol to date, and this is the first time any of those touch a corporate ledger. Ramp customers can now spin up agent wallets that operate under expense management controls, then let the agents transact autonomously against approved spending limits via x402. Details available at agents.ramp.com.

The corporate treasury implication is the story. Every enterprise finance workflow that could benefit from autonomous agent execution, from procurement to research subscriptions to API-metered compute purchasing, now has a compliant path through Ramp. That extends the addressable market for x402 agent payments from developer experiments into standard business workflows overnight.

MoonPay Launches PayBox With Grok Integration

MoonPay launched PayBox on August 31, a non-custodial wallet and payment vault that lets Grok users and AI agents transact on Solana onchain across the open internet. Every Grok user now has native Solana trading and payment capability through Grok conversations directly. Learn more at paybox.sh. This is the first major LLM-to-blockchain payment integration at consumer scale. The pairing of a major consumer AI product with a Solana-native payment infrastructure sets a template that competing LLMs will need to match, and Solana’s low fees and fast confirmations make it the default settlement rail for the pattern.

pay.sh Developer Platform Ships Pay-Per-Use APIs Across Multiple Categories

Solana Foundation shipped a cluster of pay-per-use API integrations on pay.sh throughout August. On August 5, shopping endpoints via @trypurch enabled Amazon and Shopify buying in USDC for agents with zero signup requirements. dtelecom voice endpoints launched the same day for WebRTC voice, speech-to-text, and text-to-speech agent capabilities. Then on August 17, AgentRes by blauyourmind added restaurant booking, including Resy table availability and reservation sniping. On August 19, Drip by blauyourmind enabled premium financial research access on a pay-per-use basis without subscription requirements.

The pattern positions pay.sh as the developer marketplace where agents discover and pay for services natively. Combined with Ramp corporate agent wallets and PayBox Grok integration, Solana’s agentic commerce layer has both the supply side (pay.sh service marketplace) and the demand side (corporate treasury via Ramp, consumer LLM via Grok) shipping in the same month.

Solana Mobile Seeker Summer Wraps

100 Million SKR Earned, 300,000 Badges, 16 Apps

Solana Mobile’s Seeker Summer program wrapped in late August with 100 million+ SKR earned and 300,000+ badges distributed across 16 participating apps. The program rolled through four rounds of quests over the summer, culminating with Round 4 SKR claims going live in Seed Vault Wallet on August 27. The sustained engagement across a full mobile-device rewards program at this scale is a category first for Layer-1 hardware.

USDC Earn Vault Powered by Kamino Launches in Seed Vault Wallet

The Seed Vault Wallet added a USDC Earn Vault powered by Kamino on August 23. Extends Seeker’s utility beyond quest participation into native yield-bearing stablecoin holding for hardware wallet users. This is the first native yield product to ship inside a Layer-1 hardware wallet at consumer scale.

Seeker Purchase Promotion and Seeker Season 2 Continues Into September

Solana Mobile ran a Seeker purchase promotion on August 31 with 20% off (code CARDS20) plus a free $50 Collector Crypt pack for the first 5,000 purchases. Pay via Solana Pay. New Seeker Season kicks off September 8 with new app partnerships (PlayKintara featured). The device transition from campaign hardware to sustained content and rewards platform is the through-line for August.

DeFi Ecosystem, NFT Distribution, and $82.9M in July Revenue

Jupiter Ships Lend v2, Portfolio v2, and Prediction Markets

Jupiter Exchange shipped multiple product upgrades through August covering swap, lending, portfolio, and prediction market categories. Spot V2 combined swap and terminal early in the month. Lend v2 with Smart Vaults launched August 16. Direct DeFi position management (Portfolio v2) shipped August 23. Live 5-minute and 15-minute prediction markets for $SPCX launched August 30. Jupiter’s evolution from DEX aggregator into full DeFi consumer app continues to accelerate.

Solflare Launches Perps, Kamino Ships Fixed Rates, Hylo Hits $100M TVL

Solflare wallet launched perpetual DEX trading powered by PhoenixTrade on August 30, with a concurrent $25K Frontier Traders campaign. Kamino introduced Fixed Rates as a private beta on August 30, adding fixed-rate credit alongside its existing variable-rate lending markets. Hylo crossed $100 million TVL in four months on August 31. Hylo delivers leverage that survives corrections without margin calls, traditional liquidation, or overhead. As Solana put it: “Leverage belonged to professionals. Hylo hands it to everyone.”

Solana NFTs Live on OpenSea

Solana NFTs went live on OpenSea on August 31, including collections such as Claynosaurz, DegenApeAcademy, SolanaMBS, FamousFoxFed, and bodoggos. The largest cross-chain NFT marketplace now natively supports Solana collections, ending the Solana NFT distribution isolation that had constrained cross-chain collector activity. Combined with Solana’s memecoin volume hitting $5.2 billion weekly on August 30 (a 2026 high), Solana’s consumer NFT and speculative asset economy is running at scale that few chains match.

Memecoin Weekly Volume Hits $5.2B (2026 High)

Solana memecoins hit $5.2 billion in weekly spot volume on August 30, a 2026 high. Pump.fun launched daily volume-based Callout Rewards on August 16, sustaining trader engagement through the month. LaunchOnSF introduced collectible-paired memecoins on August 30. Memecoins returned to approximately 25% of all Solana DEX volume during August, up from the low points earlier in the year. Combined with Pump.fun’s $58.2M contribution to August app revenue, memecoin infrastructure remains a meaningful driver of Solana’s dominant app revenue share.

Korea Push and House of Sol Podcast

Shinhan Asset Management + KRW Tokenized Fund on Solana

Shinhan Asset Management, Korea’s second-largest financial group, partnered with Solana Foundation, Etherfuse, and Orca on a KRW tokenized fund on Solana announced in the August 23 Solana weekly recap. The partnership signals Korean institutional commitment to Solana as the RWA tokenization venue for won-denominated products. Shinhan Financial concurrently advanced multiple pilots including stablecoin issuance, remittance, and redemption testing with Visa (third such deal in the month per ecosystem coverage).

Standard Chartered’s Geoff Kendrick: “1 in 5 Stablecoin Transactions on Solana”

House of Sol podcast Episode 3 featured Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, on August 27. Kendrick’s headline metric: “1 in 5 stablecoin transactions happens on Solana.” Discussion covered the $7 trillion monthly stablecoin volume category, Solana’s micropayments niche, institutional trust curve, and 12-month forecast. Standard Chartered validation of Solana as a top-two stablecoin settlement venue is one of the most significant institutional research signals of the month.

House of Sol Episode 2 With Simon Seiter on EURAU Launch

The prior House of Sol episode featured Simon Seiter (CFO and CPO, AllUnity) on August 20 discussing the EURAU euro stablecoin launch on Solana. EURAU is Germany’s first regulated euro stablecoin native to Solana. Podcast covered the 100x euro stablecoin opportunity, confidential transfers, and why Solana serves as the chosen settlement rail for Germany’s regulated stablecoin infrastructure.

What August 2026 Actually Signaled

August 2026 turned Solana’s institutional narrative into a full-stack Wall Street distribution story backed by chart-leading on-chain performance. Schwab’s 39.9 million-account announcement, Bitwise BSOL’s $1 billion AUM milestone, and DFDV’s CHAD preferred stock offering give SOL exposure through common equity, spot ETF, staking ETF, and preferred equity simultaneously. Western Union, Cash App, and MoneyGram wire Solana into consumer payment infrastructure at scale. Backpack Securities, Neuberger Berman, and Bullish push tokenized equities past $4 billion. And SGP-0002 establishes the onchain governance framework going forward.

The performance data validates every distribution deal. Solana generated $143 million in app revenue (38.1% of the entire onchain category, more than 3x Ethereum), processed 5.22 billion non-vote transactions (3.2x the other nine major chains combined), grew REV 39.2% MoM to $26.5 million, and served roughly 80 million MAU on $67.2 billion in DEX volume. This is the throughput and revenue leadership case that gives institutional counterparties the empirical basis to route the Schwab, Bitwise, and Backpack integrations onto Solana rather than any alternative Layer-1. The distribution stack is in place, and the performance data now backs the pitch.

*Disclaimer: News content provided by Genfinity is intended solely for informational purposes. While we strive to deliver accurate and up-to-date information, we do not offer financial or legal advice of any kind. Readers are encouraged to conduct their own research and consult with qualified professionals before making any financial or legal decisions. Genfinity disclaims any responsibility for actions taken based on the information presented in our articles. Our commitment is to share knowledge, foster discussion, and contribute to a better understanding of the topics covered in our articles. We advise our readers to exercise caution and diligence when seeking information or making decisions based on the content we provide.

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