Stablecoins are emerging as critical infrastructure across both decentralized and traditional financial applications worldwide. The market capitalization of stablecoins on the Solana layer-1 blockchain surged by $900 million over a 24-hour period on Tuesday. Stablecoins, blockchain tokens backed by fiat currency or debt assets, surged to a market cap of $15.3 billion on the Solana network, according to DeFiLlama. The dramatic surge came as decentralized finance platform Jupiter launched its JupUSD stablecoin, developed in partnership with synthetic stablecoin issuer Ethena. Read more
Vitalik and Solana's Yakovenko outline competing ideas about resilience, exposing deeper trade-offs between sovereignty, speed and economic design. Ethereum and Solana are not only separated by questions of scalability, they are increasingly divided by competing visions of what blockchain networks must be built to withstand in the future. Recent remarks from the co-founders of each network revealed two competing definitions of “resilience,” rooted in different assumptions about risk, infrastructure and the future shape of blockchain adoption. In an X post revisiting Ethereum’s Trustless Manifesto, co-founder Vitalik Buterin framed resilience as protection against catastrophic failure, including political exclusion, infrastructure collapse, developer disappearance and financial confiscation. Read more
Solana finished the year with record tokenized RWA activity and strong inflows into Solana ETFs, which could push SOL toward new highs in 2026. Solana appears poised to expand from its memecoin-focused, retail-dominant network this year, after posting record real-world asset tokenization activity in December. Data from RWA.xyz shows the value of tokenized RWAs on Solana increased nearly 10% over the last month to a record-high $873.3 million, while the number of Solana RWA token holders rose over 18.4% to 126,236 over the same timeframe. The majority of these RWAs back US Treasuries, such as the BlackRock USD Institutional Digital Liquidity Fund and the Ondo US Dollar Yield, which boast market caps of $255.4 million and $175.8 million, respectively. Read more
Dragonfly’s Rob Hadick says “there’s a lot of room” in crypto for more than one blockchain as networks race to win market share of tokenized assets. Solana and Ethereum will both thrive in the tokenization race and neither blockchain will push the other out of the space, says Dragonfly general partner Rob Hadick. “They are both Facebook,” Hadick told CNBC’s “Squawk Box” on Wednesday, when asked which blockchain will gain market dominance like social media platform Facebook or fall behind like the once-popular MySpace. Hadick said that with growing interest in tokenization and increasing economic activity onchain, there’s room for multiple blockchains to coexist. Read more
Ondo plans to launch tokenized US stocks and ETFs on Solana in 2026, using custody-backed assets, onchain transfers and embedded compliance. Ondo plans an early 2026 rollout of tokenized US stocks and ETFs on Solana. The tokens are custody-backed. Underlying securities sit with US-registered broker-dealers, while onchain holders receive economic exposure rather than shareholder rights. Minting and redemption are designed to keep tokens anchored to real assets on a 24/5 basis, while transfers and trading can operate 24/7. Read more