Messari just dropped the Q3 Solana report and the numbers are extremely bullish:
- DeFi TVL grew 33% QoQ to $11.5B.
- Application Revenue Capture (Chain GDP/REV) increased to 263%.
- Stablecoins on Solana grew 37% QoQ to $14.1B.
- Solana market cap grew 37% QoQ to $113.5B, while SOL price increased 35% QoQ to $208.70.
- Kamino grew 33% QoQ to $2.8B.
- Jupiter Lend closed Q3 with $720.7M.
- Forward Industries raised $1.65B.
- Solana DATs held 18.9M SOL (~$3.9B at Q3 close).
- RWAs grew 42% QoQ to $682M, led by BlackRock’s BUIDL, which grew 768% QoQ to $175M.
- The Solana Mobile “Seeker” began shipping.
- The PSG1 device from PlaySolana began shipping.
- Helium Mobile reached a new ATH of 1.3M daily users.
- ICO / Launchpad activity picked up with major entrants including Jupiter, Metaplex, MetaDAO, DevFun, and Believe.
- Titan Exchange raised a $7M seed, and BulkTrade raised $8M.
- Anza submitted the SIMD proposal for Alpenglow.
- The first Solana ETF launched with Rex Shares.
Yes, Q3 was amazing, but Q4 will be special too. Adoption is increasing, liquidity is rotating, and the ecosystem is accelerating.
Send SOL to TRILLIONS.
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