solana

Solana Company (Nasdaq: HSDT) announced its financial data for the second quarter of 2026. The revenue for the quarter was $2.5 million, primarily from the 31,200 SOL rewards obtained through staking during the quarter; the net loss was $30.3 million.As of June 30, the company's total assets were $176.1 million, which included approximately $147.3 million in related assets. Solana Company is a publicly traded company associated with the Solana ecosystem in the open market, and its performance is significantly affected by SOL staking yields and fluctuations in the value of its holdings.

According to Coinpedia, JPMorgan, with an asset management scale of approximately $5.1 trillion, submitted its Q2 13F filing to the SEC, showing significant adjustments in its crypto-related ETF holdings. In terms of Bitcoin, the bank held approximately 10.4 million shares of BlackRock's IBIT as of June 30, valued at about $355.7 million, up from about 8.3 million shares and nearly $162 million in Q1; the number of IBIT call options increased to about 3.94 million, while put options decreased from about 4.75 million to about 3.5 million.Regarding Ethereum, JPMorgan held nearly 1.17 million shares of BlackRock's ETHA, valued at approximately $14.3 million, a significant increase of 338% compared to the previous quarter, but the value of Bitcoin positions still exceeds that of ETHA by more than twenty times. For XRP, after the related positions were reduced to zero in Q1, the bank re-established its holdings, holding small shares of Bitwise XRP ETF and Grayscale XRP Trust ETF, as well as approximately 19,900 shares of Armada Acquisition Corp II related to Ripple-supported trading, valued at about $207,000.In addition, the filing also showed that JPMorgan established a new position in Bitwise Solana Staking ETF, holding about 47,500 shares. The article also mentioned that there has been a recent net outflow from the U.S. spot Bitcoin ETF, with the next 13F covering Q3 expected to be disclosed in November.

According to The Block, Bitwise has partnered with Superstate to explore the tokenization of its Bitwise Solana Staking ETF (BSOL).ETF expert Nate Geraci commented that in the coming months, asset management companies will release a large number of such press releases.

Solstice Finance launches strcUSX on Solana, splitting the dividend income and price risk of the Nasdaq-listed company Strategy's Series A perpetual preferred stock STRC into two types of tokens: senior and junior. The annual dividend yield of STRC is 12%.The senior tranche SR-strcUSX targets an annual yield of approximately 7%, with priority for dividend income and principal repayment; the junior tranche JR-strcUSX bears the first loss from market value fluctuations and receives the remaining income after payments to the senior tranche, targeting an annual yield of over 20%. Users can deposit USX into the strcUSX vault to receive tokens corresponding to the risk level. Both types of tokens are native assets on Solana, tradable, usable as collateral, or accessible for DeFi applications.Solstice Finance will also integrate USX into Zebec Network's payroll infrastructure, which processes over $500 million in payroll annually and has over 50,000 monthly active users.

Forward Industries has resumed purchasing SOL. As the largest holder of Solana, the company acquired an additional 254,000 SOL at an average price of $75 between July and August 3, bringing its total SOL holdings to over 7.8 million.

According to Whale Alert monitoring, USDC Treasury has minted 250 million USDC on Solana.

Marinade Finance posted on platform X that the Solana network nearly came to a halt this morning, with 28.83% of staked SOL going offline, approaching the 33.34% halt trigger threshold, involving 90 validator nodes, resulting in a loss of approximately 333 SOL rewards.The fault originated from a routing error by the service provider Teraswitch: the erroneous routing from the Miami node was broadcast to Europe and the Asia-Pacific region, causing 12 nodes (LON1, AMS1-3, DUB1-2, FRA2, SGP1-2, TYO1-3) to lose effective routing, while North America was unaffected, and the fault was resolved after 10 minutes.Marinade Finance pointed out that ASN AS20326 hosts more than a quarter of the total staking volume on the network, and during the fault, 94% of that staking volume was offline simultaneously, accounting for 27.34%, which has exceeded the 25% limit set by SFDP. The second-largest node on the network, Helius, was offline for 33 minutes, with only a few nodes achieving smooth failover. Marinade Finance stated that it will review the staking concentration limit and promote the disclosure of failover capability information by validator nodes.

Bitwise CEO posted on the X platform that a large bank has allowed customers to borrow against the Bitwise Solana Staking ETF (BSOL), with a maximum loan-to-value ratio of 25%. He expressed his pleasure in seeing cryptocurrency continue to integrate into the mainstream financial system.

According to CoinDesk, the cross-border payment company MoneyGram announced the expansion of its cash and cryptocurrency exchange service MoneyGram Ramps to Solana, allowing wallets, exchanges, and developers within the Solana ecosystem to access its global cash network.The service supports two-way exchanges between cash and digital assets, with cash deposits covering over 25 countries and cash withdrawals covering over 170 countries and regions. MoneyGram had previously launched a cash deposit and withdrawal service based on USDC in partnership with Stellar and issued the dollar-backed stablecoin MGUSD, continuously expanding its stablecoin payment and remittance business.

ChianCatcher news, Solana Foundation Chair Lily Liu tweeted that the foundation's work revolves around two main goals: attracting top talent and capital to Solana. Capital and talent are interdependent and mutually prerequisite. She pointed out that "king-making" is shortsighted and self-limiting, and that "trustworthy neutrality" is feasible in code, but insufficient when applied to humans who require judgment. The foundation's principle is to be open to talent: actively promoting competition and letting the market decide the outcome. No one can rise above the market.Regarding perpetual contracts, the foundation has always supported diversity among builders, and the recent efforts include making the perpetual plan and cutting-edge trader program public. It is not true that only one team on Solana can build fully on-chain perpetual contracts; several teams have recently challenged this. A fully on-chain architecture is more valuable for DeFi and Solana's future. The foundation does not determine success or failure; the market does.

According to GMGN data, the market capitalization of Solana Meme Coin ALON briefly surged past $12 million, currently reported at around $9.5 million, with a daily increase of over 670%.Market Reminder: Meme coins are highly volatile, and there may be rapid increases or corrections in a short period. Please pay attention to liquidity, position risk, and contract security before trading.

Solana ecosystem social application Memebook has completed a $1 million seed round financing, with investors TOF and Ventures.According to reports, Memebook is a social application similar to Instagram built on Solana, where users can register using a Solana wallet and share photos, videos, and text posts. It includes a wallet-based authentication system, as well as a verification system for Solana Mobile users and other Solana wallets.

According to GMGN data, the market capitalization of Solana Meme Coin TOAD briefly surpassed $24.5 million, currently reported at approximately $22.16 million, with a daily increase of over 100%.Meme coin prices are highly volatile, and rapid increases or pullbacks may occur in a short period. Please pay attention to liquidity and holding risks.

The Solana Name Service (SNS) announced that .sol domain registrations are expected to be suspended on August 17, 2026, to align with the subsequent eligibility snapshot process. The official statement mentioned that .sol domains registered before the suspension will be included in the upcoming snapshot range, and users can check their eligibility results after the snapshot is completed.SNS also stated that it will continue to disclose relevant progress starting from August 17, and .sns domain registrations are expected to resume in mid-September, with more details to be announced later. The official also reminded users to be cautious of fraudulent claim links and emphasized that SNS will not ask users to claim domains, sign transactions, or pay fees to receive new .sol domains.

The DeFi platform Solstice Finance has launched strcUSX on Solana, a structured product that allows DeFi users to earn dividend income and price risk exposure without tokenizing the STRC preferred stock of the Strategy.strcUSX splits the exposure into senior tokens and junior tokens, with the former targeting an annualized yield of 7% and the latter targeting an annualized yield of over 20%. If the price of STRC falls, junior token holders will bear the losses first. Users deposit Solstice's USX tokens into the treasury, which can be redeemed after a lock-up period of 7 days; if they exit immediately, a fee will be charged. Earnings are realized through changes in the token exchange rate and are not distributed in a separate allocation form.

According to Onchain Lens monitoring, addresses related to the Solana OG attackers (0xd229...9D15, 0x501...f051) transferred 2,290 ETH to Tornado Cash, worth 4,390,000 USD.This operation occurred nearly a month after the involved $14.2 million attack incident; the same address cluster also used Tornado Cash two weeks ago.

Nansen founder and CEO Alex Svanevik stated that Bitcoin's current price of around $60,000 may have marked the low point of this cycle. "Personally, I don't think Bitcoin will go below $60,000 again; I believe that's in the past, and I think it's forever." Alex Svanevik said this judgment is based on Bitcoin's positioning as a hedge against global central bank currency expansion, and he has not seen signs that the global monetary easing cycle is about to end. At the same time, the crypto industry is undergoing a fundamental transformation; crypto assets were previously in the toy world of blockchain and are now entering the real world era.In terms of the public chain ecosystem, Svanevik holds a long-term bullish view on Solana, stating that the perception of it as merely a meme coin chain is completely absurd. He believes Solana has "possibly the most effective BD team" and "an incredible team." However, Svanevik declined to translate this judgment into a specific price prediction for SOL—"Intuitively, I would think it will rise, but I can't be sure." Svanevik is also optimistic about the Robinhood chain, which just launched in July this year, believing it is rising as a strong competitor to Base due to its excellent user distribution capabilities. However, he judges that Robinhood is unlikely to issue a token—on one hand, it doesn't need to, and on the other hand, as a publicly traded company on NASDAQ, issuing a token would logically contradict competing with its own stock, "All value should be directed to HOOD stock."

Galaxy Research stated that Ethereum and Solana are re-evaluating their token issuance mechanisms, with the core issue being how to balance the token budget required for network security with long-term supply pressure. Adjusting the inflation rate may have an impact.

Solana perpetual contract DEX Flash Trade announced on Friday that it will cease operations unless a buyer is found. The team stated that this decision is not based on financial reasons, but rather due to market direction, a decrease in participants, and a judgment on the overall trend of the crypto market.Flash Trade is seeking to sell its tech stack, brand, and intellectual property, with proceeds to be distributed proportionally to FAF token holders, with the team not taking a share, and team tokens not participating in the distribution. A specific timeline has not yet been determined, the withdrawal function remains open, and clear notifications will be issued in advance. Operational details (including new position closures, position settlements, etc.) will be discussed in a call with token holders on Monday, and the founder will hold an AMA on the X platform on August 10 at 16:00 UTC.The project had previously explored freezing AMM through MetaDAO to proportionally return funds but was unsuccessful, and the three-month delay for token staking has been canceled. Flash Trade has never conducted external financing and has distributed approximately $520,000 USDC in revenue sharing to FAF holders since its inception.