News linked to both this project and an event.
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
According to an official announcement from Ondo Finance, Ondo Intelligent Portfolios has launched on Solana, introducing seven on-chain portfolios spanning yield, growth, and thematic investing, three of which are backed by BlackRock. Each portfolio is offered as a single transferable on-chain token, enabling transparent holdings visibility and algorithmic rebalancing. Initial partner wallets and applications include Titan, 1inch, LI.FI, and Jumper, among others.
Solana announced on X that Ondo Intelligent Portfolios has launched on Solana, offering a total of 7 portfolio configurations covering yield, growth, and thematic exposure, 3 of which are backed by BlackRock. Each portfolio corresponds to a single transferable token.
Solana posted on X that Solana has now integrated @0xPolygon's Open Money Stack. This integration connects banking rails, wallets, and swaps to Solana, enabling enterprises to onboard through a single integration.
According to an official announcement from Polygon, Polygon Open Money Stack (OMS) now supports Solana. Through this service, enterprises can make deposits via bank transfers, cards, cash, or cryptocurrency, convert fiat into crypto assets on Solana, and manage funds using custodial or embedded wallets.
Washington Sanchez, Head of Product at Kraken Wallet, stated that the self-custodial Kraken Wallet browser extension is now live, supporting multiple networks including Bitcoin, Ethereum, Solana, Ink, Base, and Robinhood Chain. Users can create or import wallets using a mnemonic phrase or private key, use view-only wallets, or log in via email, Google, Apple, or passkeys. The extension also supports single-chain and cross-chain swaps, as well as cross-chain bridging, with related fees set at 10 basis points.
Jupiter has partnered with BitGo to launch an institutional-focused validator, allowing BitGo's institutional clients to stake SOL directly through their existing custody accounts using Jupiter.
The Federal Reserve is about to announce its interest rate decision, after which Fed Chair Kevin Warsh will hold a press conference. Markets expect the Fed to keep the benchmark rate unchanged in the 3.75%–4% range, with investors focused on three key signals: first, whether three or more voting members dissent from holding rates steady and advocate for a hike; second, how Warsh assesses the recent easing of financial conditions and the pullback in U.S. Treasury yields; third, what he says about two consecutive months of above-expectation inflation data, oil prices near $100, and record-high U.S. diesel prices.If more officials signal a hawkish tilt, or if Warsh views looser financial conditions as exacerbating inflationary pressure, market expectations for future rate hikes could intensify, potentially lending support to the dollar index while weighing on risk assets such as Bitcoin. Ahead of the decision, Bitcoin stood at $81,411, up more than 2% over 24 hours; Ethereum, SOL, and XRP also posted gains of over 2% over the same period. (CoinDesk)
According to Tech in Asia, Mirae Asset Securities (Korea)’s Hong Kong subsidiary, Mirae Asset Securities (HK), announced that it has completed an issuance of tokenized financing notes on the Solana blockchain for qualified institutional investors. The notes are denominated in US dollars, have a six-month term, and are floating-rate notes. They are part of the company’s $3 billion guaranteed structured note program (which denotes the total program size, not the issuance amount for this offering). Singapore-regulated digital market infrastructure operator Marketnode served as the authorized distributor, with support from the Solana Foundation, while Mirae Asset handled the token issuance, payment processing, and full lifecycle management. The notes were offered exclusively through a private placement to professional investors as defined under Hong Kong’s Securities and Futures Ordinance, and have not been recognized or registered by the Hong Kong Securities and Futures Commission.
According to CoinDesk, Securitize (SECZ) announced on October 28 that it is adding Stellar to its supported blockchain list, following prior support for Ethereum, Solana, and Avalanche. The agreement was unveiled at the Stellar Development Foundation's annual conference, Meridian 2026, in Lisbon, Portugal. In a statement, Securitize CEO Carlos Domingo noted that the Stellar network has established the fourth-largest ecosystem for tokenized real-world assets. Founded in 2017, Stellar listed on the New York Stock Exchange in July of this year.
A Galaxy Research report shows that Meme coins' share of Solana trading volume has fallen from over 50% at the end of 2024 to 15%–20% in Q2 2026. In addition, SOL has declined nearly 20% year-to-date, and U.S.-listed spot and staked SOL ETFs recorded outflows for two consecutive weeks this month, totaling approximately $50 million. Meanwhile, Solana's share of on-chain perpetual contract trading volume has dropped from 17% to 6%. The Solana Foundation has reportedly issued a statement saying that Solana's transformation is underway, attempting to shift from a growth model reliant on Meme coins and speculative trading toward more mainstream financial applications such as stablecoins and tokenized assets, in a bid to win adoption from Wall Street institutions.However, with the crypto market downturn and the rise of competitors such as Hyperliquid, Solana faces challenges in transforming its growth model. Market analysts point out that the key to Solana's future lies in whether it can attract stable assets, developers, and users, rather than relying solely on speculative trading to drive growth. (Bloomberg)
SolanaFloor reported that SkyAI, Solana’s treasury company, has reached a settlement with Bastion Trading, which now supports SkyAI repurchasing shares at $3 per share after previously opposing the plan. SkyAI also confirmed that it has sold all 2 million SOL at an average price of $107 each, and stated that it will not repurchase any SOL after completing the share buyback.
decentralized cloud computing network Akash Network has published an article announcing the selection of Solana as its blockchain migration target. Akash provides decentralized GPU and AI computing power rental services and previously operated an independent blockchain based on Cosmos SDK. In October 2025, Akash announced plans to deprecate its existing independent chain and transition to a shared security architecture, with both the Solana and Ethereum ecosystems under consideration at the time.
Odaily Report: Tether has announced the establishment of FASE (Financial Access and Systemic Empowerment Foundation), a Swiss nonprofit foundation focused on four key areas: financial security, financial inclusion, access to resources, and responsible AI and robotics technology. Founding parties include Tether, Kraken, Bybit, the Solana Foundation, Chainalysis, and Anchorage Digital, among other institutions.FASE's first batch of projects includes a partnership with youth platform Goodwall, planning to provide digital education and anti-fraud tools to up to 10 million young people, with a focus on Africa, Latin America, and Southeast Asia; and a pilot with Prosper Global to distribute humanitarian aid via stablecoins, initially covering up to 1 million people.In addition, FASE will collaborate with the United Nations Trust Fund to support civil society organizations in multiple African countries that provide assistance to survivors of human trafficking.
As reported by Cryptopolitan, Token Terminal data shows that the deposit volume of tokenized stocks in DeFi protocols has exceeded $300 million, up from $262 million last month and reflecting a 2,451.5% increase from approximately $11.8 million a year ago. The deposits are distributed across 20 issuers and 10 blockchains. The data indicates that the growth was primarily concentrated in the third quarter: starting at $80.1 million at the beginning of the quarter, it rose to $265 million on September 30, marking a quarterly increase of approximately 230%. This timeline aligns with Binance launching bStocks in June and Robinhood Chain going live in July. In terms of on-chain distribution, Solana leads with $102.6 million, accounting for a 34.2% share, with Robinhood Chain and Ethereum ranking second and third respectively. BNB Chain holds $42.8 million, Base holds $24.3 million, and the top five chains combined account for approximately 96%. Regarding issuers, xStocks accounts for over 39%, Robinhood holds $70.8 million, Binance bStocks holds $38.4 million, and Ondo Finance holds $3.4 million.
Solana co-founder Toly has put forward an early concept for a validator stake-weighted oracle, in which Solana validators would vote weighted by their proportion of staked SOL to price tokenized collateral in support of network transactions, with taxes levied on related profits to increase network revenue. However, this concept comes immediately after the Alpenglow upgrade proposal on October 21, and is currently not a formal governance proposal, nor is there any voting arrangement or implementation timeline.
The Hong Kong Special Administrative Region Government's Office for Facilitating Business Recruitment has announced its seventh batch of key enterprises, with Solana Company featured in the list. The company has already established its Asia-Pacific headquarters in Hong Kong and plans to deploy Solana validator nodes via the Pacific Backbone project to provide blockchain infrastructure and consulting services to financial institutions across the Asia-Pacific region.
According to Odaily, Coinbase announced on X that it has now launched a cryptocurrency price market, where users can trade price predictions for BTC, ETH, or SOL, with timeframes ranging from 15 minutes to daily.
According to Upbit's official announcement, Upbit will list the Bubblemaps (BMT)/KRW trading pair today at 11:00 Beijing Time, supporting deposits and withdrawals on the Solana network. According to the announcement, buy orders will be restricted for the first 5 minutes after trading opens, and sell orders more than 10% below the previous day's closing price will also be restricted; only limit orders will be supported for approximately the first 2 hours. If liquidity is insufficient, the trading opening time may be delayed.
According to PR Newswire, J.P. Morgan Asset Management announced on October 22 that its tokenized money market funds MONY and JLTXX are now live on the Solana blockchain and available to eligible U.S. investors. Eligible investors can subscribe and redeem through its institutional trading platform, Morgan Money, and receive their token balances at their own blockchain addresses. MONY is a private fund established under Rule 506(c), launched in December 2025. At that time, J.P. Morgan became the first global systemically important bank to launch a tokenized money market fund on a public blockchain. JLTXX is a U.S.-registered government money market fund, with an investment approach designed to support stablecoin issuers under the framework of the GENIUS Act.