Solana elevated most block capability by 66% in July as its onchain fairness market added new issuer-backed shares and around-the-clock buying and selling. SK Hynix reached Solana on the day of its $26.5 billion Nasdaq providing, whereas Robinhood, Technique, Intel shares turned out there by Dawn and Backpack Securities.
Funds reached extra companies and customers. E*TRADE opened spot SOL buying and selling to eligible purchasers, Ramp launched stablecoin accounts and funds with assist for Solana, and KSNET agreed to combine Solana Pay throughout a Korean service provider community with greater than 330,000 places. The Linux Basis opened the x402 Basis, with the Solana Basis becoming a member of Visa and Stripe as a premier member. On the World Sequence of Poker, Solana processed $22.9 million in buy-ins throughout its first season.
July Snapshot
- 100M compute items per block: Solana raised the block restrict from 60M to 100M CUs, a 66% enhance in most block capability
- $3.73B in RWA worth: Solana’s real-world asset worth reached a brand new all-time excessive close to the top of July
- 313K+ RWA holders: The variety of distinctive addresses holding tokenized real-world belongings on Solana exceeded 313,000 by month-end
- $22.9M in WSOP buy-ins: 6,176 match entries have been paid by Solana in the course of the 2026 World Sequence of Poker
- $1.12B in U.S.-listed Solana fund flows: U.S.-listed Solana funds had $1.12 billion in cumulative web flows by July 31, together with seed belongings and a prior-product conversion
Tokenized Belongings and Capital Markets
Public equities added around-the-clock markets
SK Hynix started buying and selling on Nasdaq on July 10 after a $26.5 billion providing, the most important preliminary U.S. share sale by a overseas firm. The corporate turned out there on Solana the identical day by Dawn with Backpack Securities, alongside separate merchandise from xStocks and Ondo Finance. The Backpack Securities model is redeemable one for one for the underlying safety entitlement.
Dawn introduced further Backpack Securities-issued equities to Solana throughout July, together with Robinhood (HOOD), Intel (INTC), Technique (MSTR) and RoboStrategy (BOT). Backpack additionally opened 24/7 buying and selling for chosen U.S. equities.
Ondo Finance activated 24/7 minting and redemption for six tokenized shares and ETFs on Solana on July 9. The preliminary set included tokenized variations of SPY, QQQ, Circle, Nvidia, Tesla, and Alphabet. On July 17, Ondo expanded the 24/7 set to 16 belongings, including AMD, Intel, Micron, TSMC, Marvell, SpaceX, SanDisk, Broadcom, SK Hynix, and Arm Holdings. Its Intel product makes use of Ondo’s issuance construction, separate from Backpack’s INTC.
Securitize started buying and selling on the New York Inventory Trade below the ticker SECZ on July 2 and made tokenized SECZ out there on Solana. The tokenized place represents the identical widespread inventory that trades on the NYSE quite than a separate share class. Tokenized SECZ is on the market to eligible traders by Securitize’s regulated platform.
The launch made Securitize the primary newly public firm to convey its personal inventory onchain from the start of its public life.
Funds and credit score merchandise broadened the RWA combine
On July 13, SBI Holdings introduced plans to create a Japan-originated onchain monetary market and assist JPYSC distribution, tokenized company bonds and funds, cross-border settlement, and institutional onchain companies on Solana.
On July 14, SBI World Asset Administration and DigiFT launched JX on Solana, bringing a listed-equity technique from a Japanese asset supervisor onchain for the primary time. JX provides eligible accredited and institutional traders entry to SBI’s Japanese high-dividend fairness technique. Subscriptions settle for USDC, with JPYSC assist deliberate after the yen stablecoin turns into out there on public blockchain rails.
KAIO introduced a tokenized share class of the Mubadala Capital Various Options Fund to Solana, Base, and Sui. The technique had roughly $75 million in onchain commitments at launch.
Coinbase Asset Administration’s USD Stablecoin Yield Fund additionally went stay on Solana by Superstate. The CUSHY share class held $25 million in web asset worth on Solana at launch. The personal credit score technique is open to eligible certified purchasers.
Hastra launched AUTO, a token backed by near-prime U.S. auto loans originated by Agora and delivered onchain by Determine Forge. AUTO entered an remoted Kamino market.
By the top of July, Solana reached a report $3.73 billion in real-world asset worth and greater than 313,000 RWA holders.
Regulated Market Entry
Morgan Stanley Funding Administration launched the Morgan Stanley Solana Belief, ticker MSOL, on NYSE Arca on July 28. The belief holds SOL and intends to stake a portion of its holdings. It’s out there by brokerage accounts.
By July 31, U.S.-listed Solana funds had $1.12 billion in cumulative web flows, together with seed belongings and Grayscale’s conversion of a previous product.
E*TRADE from Morgan Stanley opened spot buying and selling for SOL, bitcoin, and ether on July 16. Eligible purchasers can purchase, promote, and maintain the belongings by a linked zerohash account and look at them alongside conventional investments within the E*TRADE interface.
DeFi and Onchain Markets
Jito opened JTX to the general public on July 21. The self-custodial buying and selling software launched with spot markets spanning native tokens, main crypto belongings, and tokenized equities.
Jupiter launched Earn on Recurring, which routes idle USDC in energetic recurring orders into Jupiter Lend till every scheduled buy executes.
A number of lending and yield markets reached new scale in the course of the month:
Stablecoins and Funds
Ramp launched stablecoin accounts and worldwide funds with Solana as a supported community for stablecoin deposits. Eligible companies can maintain stablecoins, pay distributors in USDC or USDT from a greenback checking account.
KSNET signed a memorandum of understanding with the Solana Basis to combine Solana Pay throughout a community of greater than 330,000 retailers. The Korean cost supplier processes greater than $4 billion in month-to-month quantity. The settlement additionally covers testing x402 funds for agent-driven commerce.
On the World Sequence of Poker, Solana funds reached 6,176 entries and $22,889,450 in whole buy-ins.
Agentic Commerce
The Linux Basis opened the x402 Basis on July 14. Coinbase contributed the x402 protocol, and the Solana Basis joined as a founding premier member alongside cost networks, cloud suppliers, and commerce platforms. 40 member organizations will develop the HTTP cost normal below vendor-neutral governance.
Since its launch on Solana, x402 has processed greater than 35 million transactions and $10 million in quantity.
Client, Cellular, and Collectibles
Solana Cellular launched Seeker Summer time, a four-round program operating from July 7 by August 30. Sixteen apps obtain featured quests within the Solana dApp Retailer, with on-device badges marking accomplished exercise. Spherical 1 allotted 25 million SKR to collaborating customers, with claims opening by Seed Vault Pockets on July 17. A Collector Crypt promotion provided the primary 5,000 eligible consumers 20% off a Seeker and a $50 pack opening when paying by Solana Pay.
Claynosaurz launched animated episodes on Amazon Prime Video on July 14. It extends a Solana-born property into streaming distribution.
DePIN
Helium community knowledge printed July 17 coated service offload at almost 2,500 restaurant websites throughout 34 nationwide manufacturers in the US. These websites offloaded greater than 274,000 GB of cell knowledge throughout one month.
Nosana awarded a grant to Voight for infrastructure that offers manufacturing AI brokers on Solana observability, identification, deployment, and discovery instruments. Voight makes use of Nosana’s distributed GPU community for mannequin execution.
Community and Developer Infrastructure
Solana activated 100M compute-unit blocks on mainnet on July 29. SIMD-0286 raised the block restrict from 60M to 100M CUs, whereas the 12M CU restrict for a single writable account remained unchanged.
Mainnet additionally reached epoch 1,000 throughout July.
Core groups shipped releases all through the month. July additionally recorded new variations of Agave, Firedancer, Frankendancer, Solana Equipment, Solana Go, program JavaScript SDKs, LiteSVM, Mollusk, Surfpool, Cloudbreak, and Superbank. Agave merged the ultimate function flag required for Alpenglow activation work.
The Solana Basis expanded solana.com/knowledge with near-real-time RPC comparisons throughout Alchemy, Helius, QuickNode, and Triton One. The dashboard locations RPC-provider efficiency knowledge beside Solana community, stablecoin, and DeFi metrics.
Ecosystem and Occasions
Magicblock ran Solana Blitz v6 from July 10 by July 12 with Solana Cellular and Blueshift. Forty-one groups submitted cell apps. CapturGO positioned first, adopted by Perps Rider and Hunch. Superteam UK introduced SpeedBuild London, a 12-hour agentic-finance competitors with $20,000 in prizes.
Solana Summit Serbia is scheduled for August 26 and 27 on the Sava Centar in Belgrade.
Breakpoint 2026 is scheduled for November 15 by November 17 at Olympia London. A Solana Hacker Home will run in London forward of the convention with Solana Basis Developer Relations and Superteam UK.
