🚀 Week in Solana: Trump's Tariff Dividends Drive Solana Tokens, Q3 Raises +70%
SOL stabilizes at $166! Ecosystem explodes, with 23 new Solana-based projects raising $211 million in Q3! Trump-related tokens pump as the President teases tariff dividends!
Here's this week's breakdown 🧵
1/6
📊 Market Overview:
Bitcoin crashed below $100,000 for the first time since late June. Risk sentiment improves, driving Solana-based tokens higher. SOL barely moved the needle as the bleeding seems to have stopped, with its price holding above $165. Ecosystem market cap grew 6% while trading volume tanked 12%
2/6
DeFi & Ecosystem Metrics:
TVL increased 2% to $10.5B, with the top 5 competing chains recording losses. Weekly DEX volume climbed 5%, hitting $140B (30-day cumulative). The Win: Solana has become the dominant transfer layer for @USDC, accounting for more than a third of all USDC senders 🏗️
3/6
🏛️ Sector Moves
🔹 Blockchain Payments Consortium launched (Solana, Fireblocks, Monad, and Polygon) to standardize cross-chain stablecoin payments
🔹 Paradigm led $6M seed round for @harmonic_gg to boost Solana network speed to Nasdaq levels
🔹 Zenrock's zenZEC hit $15M in trading volume since launching on Solana
🔹 @Solmate launched UAE-based validator and expanding infrastructure services
🔹 World Liberty Finance (WLFI) +37% and Official Trump (TRUMP) +19% on tariff dividend news
4/6
🎯 Performance Highlights:
Top gainers:
🔹 Ore (ORE): +169.42%
🔹 375ai (EAT): +159.6%
🔹 Keep Network (KEEP): +109.9%
🔹 Hey Anon (ANON): +106.98%
🔹 Real (REAL): +89.41%
5/6
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