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Solana
Solana
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1d ago
The exciting week continues! @solana's Q3 results are outstanding: - Total Value Locked (TVL) in DeFi grew 33% quarter-over-quarter to $11.5 billion. @kamino grew 33% quarter-over-quarter to $2.8 billion. @jup_lend held $720.7 million at the end of Q3. - Application Revenue Capture Rate (Chain GDP/REV) grew to 263%. The Signal ecosystem is continuously monetizing network activity. - Stablecoins grew 37% quarter-over-quarter to $14.1 billion. @global_dollar jumped to third place, with @solsticefi and @useCASH also joining the competition. - @FWDind raised $1.65 billion. SOL DAT held 18.9 million SOL (worth $3.9 billion as of the end of Q3). - Risk-weighted assets (RWA) grew 42% quarter-over-quarter to $682 million, with BlackRock's BUIDL showing the most significant growth, increasing 768% quarter-over-quarter to $175 million. - @solanamobile's Seeker phone began shipping. - @playsolana's PSG1 phone began shipping. - @helium_mobile's daily active users reached 1.3 million. - ICO competition intensifies with @JupiterExchange joining the fray alongside projects like @metaplex, @MetaDAOProject, @devfunpump, and @believeapp. - @Titan_Exchange completed a $7 million seed funding round, and @bulktrade completed an $8 million seed funding round. - @anza_xyz submitted an Alpenglow SIMD proposal. - Market capitalization rose 37% quarter-over-quarter to $113.5 billion, and share price rose 35% quarter-over-quarter to $208.70. - The first Solana ETF was launched by Rex Osprey, and @BitwiseInvest also launched its product this week.