One million wallets now maintain tokenized shares on Solana. September introduced roughly $4.4 billion in tokenized-stock buying and selling quantity, and provide reached $684 million, up 47% over three weeks. On September 17, the SEC issued a five-year order letting tokenized shares commerce within the U.S. on public, permissionless networks, with out the venue registering as a inventory change. Solana has hosted greater than half of all tokenized fairness quantity in 2026.
Funds infrastructure moved nearer to banks. Column built-in stablecoins into its banking core, so companies convert between USDC, USDT and {dollars} on one ledger alongside ACH, wires, SWIFT and real-time funds. In South Korea, Jeonbuk Financial institution and Shinhan Financial institution every accomplished stablecoin proofs of idea overlaying forex conversion, settlement, abroad payouts and company funds.
September was a month of data throughout equities, stablecoins, agent funds, and community velocity.
September by the numbers
Banking, funds, and stablecoins
Stablecoin provide on Solana hit a document $17.51 billion in September.
Column built-in stablecoins immediately into its banking core. Companies can convert between supported stablecoins and {dollars} across the clock, with stablecoin balances and financial institution accounts managed by the identical ledger. The platform combines USDC and USDT assist on Solana with ACH, home wires, SWIFT, and real-time funds.
Open USD, or OUSD, went dwell natively on Solana on September 30. Issued by Bridge, the stablecoin lets companies mint and redeem OUSD 1:1 for {dollars} with out minting or redemption charges. Its reserves are held at BlackRock, Lead Financial institution, and BNY, with month-to-month attestations. The Solana issuance makes use of Token-2022 and helps funds, settlement, and treasury operations.
In different stablecoin launches, Supercoin launched ZARSC, backed by South African rand held in segregated accounts at Absa. Tetra expanded its Canadian greenback stablecoin, CADD, to Solana. Verona launched verUSD, designed for AI agent funds.
Solana recorded 6.2 million USDC-sending addresses round mid-September, representing 42% of sending addresses throughout networks. One other mid-September snapshot recorded 420 million USDC transactions over a month.
In South Korea, Jeonbuk Financial institution accomplished a proof of idea with the Solana Basis and NodeInfra. The check coated forex conversion, financial institution escrow, settlement, and abroad payouts, together with a foreign-worker wage fee workflow. Shinhan Financial institution demonstrated company stablecoin funds linked to present company banking and foreign-exchange accounts.
Solana Fee Channels launched assist for x402 and the Machine Funds Protocol. An agent now receives a spending restrict, makes repeated offchain funds in opposition to it, and settles the gathered quantity on Solana. The benchmark utilizing 100,000 wallets processed 1 million offchain funds per second.
Solana processed 23.2 million x402 transactions from August 22 by September 19, representing 76% of tracked transactions.
PayAI opened a public preview of batch settlement on September 30. API and AI inference suppliers can settle for repeated USDC funds by channels and submit batches for onchain settlement.
Cloak launched payroll for USDC and USDT. Employers add a spreadsheet and approve the payroll, with particular person wage funds despatched by shielded swimming pools.
Solana on-ramp quantity on Mercuryo grew 89% throughout 2026. SOL accounted for 85% of the platform’s U.S. Solana on-ramp quantity over that interval.
Solana card funds reached $262.7 million in Q3 to this point, ~18% above the earlier quarter’s full complete.
Tokenized belongings and institutional DeFi
Tokenized shares on Solana handed 1 million cumulative holder wallets in September. And the xStocks buying and selling quantity on Raydium crossed $1.8 billion, together with $494 million in SPYx, $257 million in NVDAx, and $175 million in SPCXx
Kraken launched xStocks yield vaults with Veda and Sentora for SPYx, QQQx, and NVDAx. Eligible prospects entry the vaults by Kraken and Kraken Professional, utilizing tokenized publicity to the S&P 500, Nasdaq 100, and NVIDIA.
The methods bridge xStocks to Solana and deposit them as collateral in Kamino markets. Sentora borrows stablecoins in opposition to that collateral and deploys the borrowed funds into yield methods. Rewards are transformed again into the deposited xStock, so an SPYx depositor receives rewards in SPYx.
Galaxy started curating USDC and USDT lending vaults on Kamino. Its tasks embody setting collateral requirements and publicity limits, and monitoring the markets utilized by every vault.
Jupiter Lend reached $2.41 billion in complete deposits on September 22. Throughout Solana, lending provide reached $5.15 billion in September, up 25% from the beginning of Q3.
Kamino launched AUTO/wYLDS Fastened Fee Multiply with Hastra and Determine. AUTO is Hastra’s token backed by Determine’s tokenized auto loans. wYLDS is backed 1:1 by reserves of Determine’s yield-bearing YLDS. The product fixes borrowing prices for 30-day phrases, with computerized renewal on the prevailing charge when liquidity is accessible. Kamino originated $10 million in AUTO fixed-rate loans throughout the first 72 hours.
Midas introduced solmFONE to Solana, an funding certificates offering publicity to Fasanara’s asset-backed credit score and digital-asset technique. The token turned accessible as collateral in Kamino markets, together with Steakhouse’s USDG Excessive Yield and RockawayX’s RWA USDC markets.
Centrifuge made HYB accessible on Solana, including entry to an actively managed U.S. high-yield company bond technique managed by New York Life Funding Administration.
OnRe reached $300 million in belongings below administration on September 16 for its onchain reinsurance platform. Huma’s PST crossed $300 million in market capitalization.
Challenge Harmonia opened functions to attach tokenized funds on Solana with Allfunds’ distribution community. This system accepts operational funds and funds in growth, with Particula evaluating submissions. Functions shut October 24.
Dawn and Backpack Securities expanded their tokenized inventory listings with Nike, Grindr, DraftKings, Hertz, Sphere Leisure, Wendy’s, and Krispy Kreme. Additional additions included AMD, Firefly Aerospace, and TeraWulf. Tokenized GRND generated $31 million in buying and selling quantity throughout its first 24 hours.
New ETF listings included International X’s Copper Miners ETF, COPX, and Uranium ETF, URA, plus ProShares’ UltraPro Quick QQQ, SQQQ, which targets 3 times the inverse day by day efficiency of the Nasdaq 100. Backpack additionally enabled cash-dividend credit for eligible shares and ETFs.
Meteora enabled token launches to make use of greater than 100 xStocks as quote belongings, permitting initiatives to pair newly launched tokens with supported xStocks.
PreStocks handed 100,000 holder addresses, doubling its rely in ten days.
Coinbase’s wrapped Litecoin, cbLTC, and Cardano, cbADA, turned accessible on Solana by Dawn. The cbADA integration makes use of Chainlink CCIP.
Tokenized equities on Solana reached ~$4.4 billion in September. xStocks buying and selling on Raydium reached a $160 million day by day document. Kamino held $20.7 million in xStocks collateral as of September 13, roughly 3.6 occasions the tokenized-equity collateral equipped to Euler and Morpho on Ethereum mixed.
Doma Frontier opened on Solana by Loopscale. Members deposit by Loopscale and join their wallets to earn factors towards precedence entry to new area extensions.
Metaplex launched MPL-3643 in restricted alpha for permissioned belongings and tokenized securities. Constructed with Token-2022 and Solana Attestation Service, the usual lets issuers configure investor eligibility, switch restrictions, lockup durations, and jurisdiction necessities.
In U.S. market regulation, the SEC issued a five-year conditional exemption on September 17 for qualifying exercise involving tokenized Nationwide Market System shares. The framework consists of permissioned automated market makers, with situations overlaying buying and selling limits, equal shareholder rights, and coordination with the underlying inventory’s major change.
Buying and selling and pockets updates
Jupiter launched Common Deposit, permitting customers to deposit supported tokens from Ethereum, Base, Arbitrum, and Sui and obtain SOL or USDC on Solana. The deposit circulation handles bridging, routing, and swaps. Jupiter additionally added readable Ledger signing for offchain messages utilized in restrict orders and dollar-cost averaging. Customers can overview supported order directions on their {hardware} pockets earlier than signing.
Phoenix enabled SOL as collateral for perpetual futures, permitting merchants to retain SOL collateral whereas opening positions throughout crypto, fairness, and commodity markets.
Metaplex opened the beta waitlist for Vantage. The terminal lets merchants organize analysis, token info, market knowledge, and buying and selling instruments into customized dashboards, with separate views for markets and portfolio efficiency.
Fermi launched its perpetuals change on Solana. Sirius started inviting customers to a spot and perpetuals buying and selling product designed to maintain positions off public feeds whereas recording commerce proofs on Solana.
Solflare Perps surpassed $65 million in cumulative buying and selling quantity inside its first three weeks. Bulk crossed $500 million in buying and selling quantity on its invite-only mainnet, and JTX handed $100 million in cumulative quantity.
Pyth turned an accredited exterior distributor of Nasdaq Fundamental. Licensed prospects can entry real-time U.S. fairness quotes and commerce knowledge by Pyth’s market.
MoonPay added Dawn to PayBox, giving eligible customers outdoors the U.S. entry to supported tokenized shares by Claude, ChatGPT, and Grok. Customers approve transactions with a passkey or authorize an agent to behave inside preset limits.
Community updates
Solana activated Transaction V1 on mainnet alongside lowered account hire necessities and a 250-millisecond goal slot time. Transaction V1 expands the information a transaction can carry, together with assist for bigger program-deployment writes.
Alpenglow went dwell on devnet on September 25, opening the consensus improve to developer and validator testing forward of mainnet deployment.
Jito launched BAM preconfirmations with Helius and Triton. The service streams validator commitments to transaction batches earlier than block knowledge arrives by shreds, giving functions an earlier sign of transaction inclusion.
By the final week of September, SOL-holding wallets reached 8.38 million, up 20.5% from the beginning of Q3. Stablecoin-holding wallets reached 13.07 million, up 16% over the identical interval.
Client apps, AI, and collectibles
Kled V3 launched on September 30 with a customized process feed for knowledge contributors. Duties cowl images, video, audio, textual content, and annotation.
Jupiter launched a limited-edition Claynosaurz digital Visa card. Jupiter additionally introduced Gacha to cell, permitting customers to open collectible packs throughout the app.
Decrypt introduced the Info Alternate, powered by Myriad and MYR. The product combines information, knowledge, market costs, and chances, with a staged rollout towards Breakpoint.
Beezie introduced a partnership with The Luxurious Closet to tokenize authenticated purses, watches, jewellery, and equipment on Solana. Plans embody chosen luxurious objects for Beezie’s Claw product and a devoted luxurious purchasing expertise later in 2026. Bodily objects will stay in vault storage till redeemed or shipped. Beezie additionally reached $2.2 million in day by day quantity throughout the opening week of September.
Phygitals surpassed $500 million in cumulative gross merchandise quantity. Collector Crypt recorded an $825,000 Charizard sale.
Nomu launched Vibe Manufacturing, beginning with a workflow for turning textual content prompts into bodily T-shirts. Nomu has performed greater than $1M in GMV with Solana manufacturers.
Clawpump crossed $200 million in buying and selling quantity. UsePaid reached $1.44 million in creator-fee payouts routed to X accounts by X Cash.
ZETA holders accredited a proposal to deliver ZETA and Anuma to Solana, with 99.4% assist within the September 20 vote. Anuma, a personal AI software with self-custodial wallets, had greater than 300,000 present AI wallets forward of the deliberate migration.
On Mallow, the Solana brand promoting public sale raised roughly $167,000 for Nepal flood reduction.
Wi-fi networks and machines
Helium launched HeliumOS, software program for cell suppliers to handle subscribers, billing, provisioning, and Wi-Fi analytics. Affiniti, Noble Cell, and Helium Cell had been its first prospects.
peaq launched peaq OS on Solana, offering digital identities and wallets for machines, machine NFTs, credit score scores, and repair marketplaces. Its Doosan Robotics partnership included the primary A-Sequence robotic built-in with the software program.
DAWN introduced USD.infra, designed to deliver infrastructure money flows into tokenized investments on Solana. The preliminary focus is connectivity infrastructure, with compute infrastructure deliberate.
Builders and ecosystem packages
Stocklana opened on September 11 for initiatives constructing with tokenized shares. Submissions closed September 25 with over 600 submissions, with $126,000 in prizes: a $100,000 principal pool and $26,000 in bounties.
The Solana Basis joined the Rust Basis as a Platinum member.
Solana Students opened functions for funded, three-month analysis internships. PhD researchers work with Solana engineers on consensus, networking, cryptography, and economics. Functions are accepted all year long, with onsite and distant participation accessible.
The Solana Basis appointed Rachel Conlan and Jamal Raees as Chief Technique Officer and Basic Supervisor of Funds, respectively.
For Breakpoint, Superteam scholarships provided journey, lodging, occasion tickets, and mentorship; and the Locus journey partnership supplied help with U.Okay. visas and digital journey authorizations. The following wave of Breakpoint 2026 audio system are additionally out.
October deadlines
October 12: Colosseum World’s Honest. The competitors opened September 14. Its Solana observe gives $100,000, with $10,000 every for ten groups.
October 12: CLOCK IN. Solana Cell and Radiants’ cell hackathon runs from September 8 to October 12. Its $135,000 prize pool consists of $125,000 in USDC throughout ten groups and a separate $10,000 in SKR for integrations.
October 24: Challenge Harmonia. Functions shut for tokenized funds already working or in growth.
Official Channels
- x.com/solana
- solana.com/information
- x.com/SolanaFndn
- linkedin.com/firm/solana
- x.com/capitalmarkets
- x.com/solanapayments
- x.com/x402
- youtube.com/@solana
- tiktok.com/@solana
