Solana Weekly Roundup: January 4-10, 2026
Morgan Stanley files for Solana ETF, Wyoming launches state stablecoin, and stablecoins surge $900M in 24 hours
Solana Weekly Roundup: January 4-10, 2026
Morgan Stanley just filed for a Solana ETF. Wyoming launched a state-backed stablecoin. Solana stablecoins added $900M in 24 hours.
This wasn't a quiet week.
While most chains saw ETF outflows, Solana pulled $13.7M in. The network hit $15B in stablecoin market cap and grabbed 51% of all DEX volume across crypto. Firedancer went live on mainnet, dropping finality to 150ms.
Here's what actually happened.
The Big Money Moves
Morgan Stanley filed S-1 forms for spot Bitcoin and Solana ETFs. A major bank pushing regulated crypto products means institutional appetite is real.
Solana ETFs saw net inflows of $13.7M on January 9 alone. Bitcoin and Ethereum? Outflows.
Wyoming became the first U.S. state to launch its own stablecoin. $FRNT runs on Solana, with profits funding schools. Real-world utility, not just speculation.
JPMorgan expanded tokenization efforts on Ethereum but keeps mentioning Solana's speed advantage for financial applications. The speed debate continues.
Solana's RWA ecosystem hit $873M TVL. State Street launched a tokenized liquidity fund using PYUSD. Ondo Finance plans tokenized US stocks and ETFs for early 2026.
Stablecoins Are Eating Everything
Solana stablecoins added $900M in market cap over 24 hours (Jan 7-8). Total stablecoin supply on Solana: $15B.
The network now handles 51% of all DEX activity across crypto. $4.4B traded in a single day. Stablecoins represent 91% of Solana's on-chain capital, led by USDC, Tether, and Paxos.
Jupiter Exchange launched JupUSD with Ethena Labs. It's a reserve-backed stablecoin using USDtb and USDC, integrated into Jupiter Lend for on-chain settlement.
Jito launched the IBRL Explorer, a validator scoring system for performance and block-building analytics. Not everyone agrees though. Harmonic argues it pushes MEV monopoly over real execution quality.
Other DeFi moves: Raydium Perps went live. Kamino Finance Swap hit top 5 for weekly volume. Remora Markets (by Step Finance) crossed $50M in rStocks spot volume. Polymarket partnered with Parcl for real estate prediction markets. Huma Finance launched a Prime Vault with 28% real yield from PST leverage. Perena's USD* market live on RateX DEX with OnRe (first RWA integration).
New Tokens Dropping
Solana Mobile confirmed $SKR token TGE on January 21. 10B supply, 20-30% airdropped to Seeker phone owners, active dApp users, and developers. Season 2 started with exclusive rewards.
Ranger ICO by MetaDAO raised $3-4M+ for its derivatives exchange. Ends soon.
January launches to watch: Brevis (Jan 6) - ZK infrastructure. Fogo (Jan 13) - SVM L1. Infinex (mid-late Jan) - Trading app. Zama (auction Jan 12-15, TGE Jan 20) - Privacy infrastructure. Warden Protocol (Jan 22) - Intents chain. MegaETH (Jan TBD) - ETH L2. HeyElsa (early Jan) - AI agents. Sentient (premarket live) - AI protocol.
Bulk testnet launching this month too.
Infrastructure Getting Serious
Firedancer validator client is officially live on mainnet. Finality dropped to ~150ms. The "beta network" criticism is officially dead.
Inco Network launched Lightning beta on Solana Devnet for on-chain confidentiality.
StreamingFast shipped Solana IDL and account changes support, reduced latency, onboarded DePIN projects.
Arcium released Cerberus (confidential compute) and Arcis (Rust compiler) for privacy-focused developers.
Magic Eden Season 4 went live. Solana Name Service added AI domain search. Backpack teased Season 4 end with {REDACTED}.
Privacy audit results: Mixing protocols and shielded transfers exist but lack interoperability. ~11.4% of transactions are private. Tools like Mixoor (public beta for private SOL transfers) and GSM (on-chain MVNO for privacy eSIM) are filling gaps.
Community Moves
Solana Accelerate APAC set for February 11 at Consensus Hong Kong. Focus on builders and policy.
Privacy Hack program starts January 12 for private payments and tools.
Pump.fun hit record weekly volume. $130B+ in 2025, $1.2B on PumpSwap. 1M+ app downloads, $500M+ revenue.
Memecoin frenzy continues with $WHITEPEPE, $PAT, $TRUMPDOGE getting attention. Community coins like $VALENTINE and $INDY gaining traction.
x402 ecosystem tools: $READ (publishing), $GAIN (AI copilot), $LUMEN (privacy), $OOBE (AI agents SDK).
Dawn Internet Q1 roadmap: Public dashboards, Black Box release, 5.9M household coverage.
Ownership coins: $MIXOOR (privacy), $GSM (eSIM), $CPT (power tech), $KLED (data marketplace V2).
The Numbers
Solana price pushed past $140 on tokenization, stablecoin growth, and ETF demand.
Solana dominates tokenized stocks: $808M vs Ethereum's $752M.
Whale accumulation despite price dips. Altcoins like Solana led $47B in crypto fund inflows for 2025.
The Vitalik vs Yakovenko debate continues: sovereignty vs speed. Two different visions for blockchain's future.
2026 predictions floating around: AI integration, RWA scaling past $1B, DeFi reboot with real interoperability.
What's Next
Week 1 set the tone. Institutions are filing. Stablecoins are flowing. Infrastructure is shipping.
Solana isn't slowing down.
Stay tuned for Week 2.
Sources: CoinDesk, Cointelegraph, Fintech.tv, Cointribune, AInvest, X community
By Duke | @cryptoduke01