THE BLOCK: STONK jumped more than 250% to a roughly $140 million market cap as Solana launchpad StonkFun integrated with Raydium's LaunchLab.
The platform lets users launch memecoins paired with tokenized stocks and other assets. RAY and JUP also rallied.
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THE BLOCK: STONK surges 250% to $140 million market cap as stock-paired Solana launchpad StonkFun pulls volume to Raydium and Jupiter
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STONK surges 250% to $140 million market cap as stock-paired Solana launchpad StonkFun pulls volume to Raydium and Jupiter
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No summer slowdown. August wrapped at $143M in app revenue and 5.2B transactions, and September opened with rails built for AI agents.
From SHEIN's listing-day debut to Birkins coming onchain, here's everything that shipped this week:
📰 Headline News
- Solana Payment Channels went live for x402 and MPP, enabling 1M agent payments/sec with batched settlement
- Solana’s logo ad auction raised $167K for Nepal flood relief via @mallowdotart
- @opensea expanded its marketplace to include Solana NFTs
📰 Launches
- SHEIN landed on Solana via @xStocksFi the day it listed in Hong Kong
- @JupiterExchange deployed Universal Deposit, automating cross-chain routing and swapping directly into Solana USDC
- @moonpay introduced PayBox for @grok users to trade, shop and spend through conversation on Solana
- @gmtrade_xyz enabled 24/7 gold and WTI perps with @chainlink Data Streams
- @Beezie partnered with The Luxury Closet to bring authenticated Birkins onchain
- Neuberger Securitize High Income Tokenized Fund (HINC) by @Securitize went live as collateral on @Loopscale
- $AMC and $GPRO tokenized shares went live on Solana via @sunrise, issued by @Backpack Securities
- @arqentrade launched isolated-margin perps across 20 long-tail markets
- @colosseum announced the Crypto World’s Fair hackathon running Sept 14-Oct 12
- @solanamobile scheduled the CLOCK IN hackathon with @RadiantsDAO for Sept 8-Oct 8
- @SuperteamAU joined the Buy Australian AI Partnership as a founding partner alongside major national banks
- @WSOP returned with the 2026 WSOP Super Circuit Canada Main Event
- @M3LEE_LIVE teased social shopping for Solana collectibles
📰 Milestones
- Solana hit a record 5.2B non-vote transactions in August
- Tokenized equity supply reached a new all-time high of $683M
- Solana led August app revenue across chains with $143M, a 38% share
- @onrefinance topped $250M, becoming @kamino’s largest RWA market
- @jtx_trade passed $100M in cumulative trading volume
- Solana's share of x402 transactions rose to 81% in August
- Solana crypto card spending hit a record $100M+ in August
- @Beezie recorded a new all-time high of $2.2M in daily volume
- @fomo achieved a new daily revenue record of $1.2M
If you enjoyed this week’s newsletter, please share it with an RT.
Artwork by @grizzle_art
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THIS WEEK IN MEDIA - 8/28-9/4
Read CoinDesk: The Token Supercycle: Everything of Value is Becoming Programmable The Block: OpenSea adds Solana NFT trading more than four years after initial beta | The Block Crypto Briefing: Solana processes record 5.2B non-vote transactions in August SolanaFloor: Solana Records $144M in August App Revenue, Leading All Chains Crypto Briefing: Jupiter integrates with MoonPay's PayBox to bring AI-powered trading to Solana CityBiz: Backpack US Adds Multicoin Co-Founder Kyle Samani to Board CoinEdition: Solana Auctions 9 Ad Spaces on Its Logo for Nepal Flood Relief CoinMarketCap: Solana Launches Payment Channels, Reports 1M Payments Per Second SolanaCompass: Beezie Partners with The Luxury Closet to Tokenize Authenticated Birkins on Watch CNBC Squawk Box Europe: Solana Foundation's Liu: tokenization the enduring theme Bloomberg Crypto: Watch LSE to Roll Out Tokenized Stocks Solana Floor’s Solana Weekly News: Massive Solana ETF Inflows: Is The Market Bottom Finally Here? Genfinity: Helius Launches Solana Rings | Mert Mumtaz on Privacy as the Final Scaling Frontier Listen House of Sol with Ben Brophy: Why Europe's Largest Tokenized Fund Platform Chose Solana Solana is Global with Alex Scott: Why Traditional Finance Is Failing Digital Assets — And How Changer.ae is Fixing it The Index Podcast: Ethan Buchman (Cosmos Co-Founder) on Cycles: The Clearing Protocol Reinventing How the World Settles Debt The Index Podcast: Matt Van Horn (Lyft) on AI Psychosis & Coding Agents That Never Sleep
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THIS WEEK IN MEDIA - 8/28-9/4
Read
CoinDesk: The Token Supercycle: Everything of Value is Becoming Programmable
The Block: OpenSea adds Solana NFT trading more than four years after initial beta | The Block
Crypto Briefing: Solana processes record 5.2B non-vote transactions in August
SolanaFloor: Solana Records $144M in August App Revenue, Leading All Chains
Crypto Briefing: Jupiter integrates with MoonPay's PayBox to bring AI-powered trading to Solana
CityBiz: Backpack US Adds Multicoin Co-Founder Kyle Samani to Board
CoinEdition: Solana Auctions 9 Ad Spaces on Its Logo for Nepal Flood Relief
CoinMarketCap: Solana Launches Payment Channels, Reports 1M Payments Per Second
SolanaCompass: Beezie Partners with The Luxury Closet to Tokenize Authenticated Birkins on
Watch
CNBC Squawk Box Europe: Solana Foundation's Liu: tokenization the enduring theme
Bloomberg Crypto: Watch LSE to Roll Out Tokenized Stocks
Solana Floor’s Solana Weekly News: Massive Solana ETF Inflows: Is The Market Bottom Finally Here?
Genfinity: Helius Launches Solana Rings | Mert Mumtaz on Privacy as the Final Scaling Frontier
Listen
House of Sol with Ben Brophy: Why Europe's Largest Tokenized Fund Platform Chose Solana
Solana is Global with Alex Scott: Why Traditional Finance Is Failing Digital Assets — And How Changer.ae is Fixing it
The Index Podcast: Ethan Buchman (Cosmos Co-Founder) on Cycles: The Clearing Protocol Reinventing How the World Settles Debt
The Index Podcast: Matt Van Horn (Lyft) on AI Psychosis & Coding Agents That Never Sleep