Tuesday, January, 21, 2025

Solana Records Historic Week with Tokenized Assets, Startup Incubators, and $1B Lending Surge

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Anny Sam

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  • Solana recorded several major launches and milestones this week.
  • Galaxy and Superstate tokenized equity on Solana for the first time.
  • Growth spread across stablecoins, ETFs, AI tools, and global competitions.

The Solana ecosystem kept momentum this week with developments across finance, technology, and global markets. Galaxy and Superstate marked a new era by issuing tokenized GLXY shares on Solana. This is the first time a public company natively launched SEC-registered equity on the network.

The move cemented Solana as a destination for tokenized assets. The use of stablecoins rose as USD1 was launched on Solana. The launch was accompanied by concurrent integrations with Bonk, Raydium, and Kamino Finance.

This gave the $2 billion supply stablecoin a solid launch and injected liquidity into the entire network. Reflect Money, in the same period, raised funds amounting to $3.75 million. Capital-efficient yield protocol, backed by major investors, aims to take stablecoin use a step further.

Solana Labs Incubator Supports New Startup Cohort

Fonte Capital unveiled the first-ever Solana ETF with staking in Central Asian markets. The product was Astana International Exchange-listed, and it was a novelty among local investors. Meanwhile, Remora Markets issued tokenized stocks, and Solana traders now enjoy a gateway into traditional equity in a decentralized form.

Innovation extended into the startup sector. Solana Labs hosted its third incubator cohort, and the projects involved were Pye Finance, Xitadel, Zynta Finance, Seedplex, and Genpulse AI. The venture showcased Solana’s focus on growing early builders. The ecosystem also involved competitions and community building.

Colosseum announced the Cypherpunk startup competition, September 25 – October 30, 2025. Sol Stable Future registration began, bringing the world’s most influential builders of stablecoins together in Seoul during Korea Blockchain Week. Chinese apps were live streaming during a 12-week accelerator supported by Solar, HackQuest, and SonicSVM.

AI Tools Boost Solana with Xfractal and Coinbase x402

AI-powered toolso progressed as xfractal released a natural language processor capable of conducting in-depth analysis on all Solana tokens. Coinbase’s x402 also widened its functionality by including Solana in a way that allows AI agents to make online purchases in under a second with the help of USDC.

Retail-facing markets experienced explosive growth. Tokenized trading in Pokémon cards soared as Collector Crypt injected an additional $13 million in revenues during August. The phygitals piled on with $10 million in gross merchandise value during a single week.

Also, pump.fun filed $2 million in creator fee claims in 24 hours via its recent Project Ascend launch. Liquidity and lending touched record highs as Jupiter Lend crossed the total market size of $1 billion in a week of launch. The equity part witnessed SOL Strategies gain approval for its Nasdaq Global Select Market listing in the ticker STKE.

This Tuesday, trading launches on yet another mainstream platform, representing yet another ecosystem milestone for Solana. From finance to collectibles, Solana’s reach impacted all but a few sectors. Every launch showcased a network inching ever closer toward its mission to power the next age of internet capital markets.

Related Reading: Bitcoin Treasury Fund Launches in Asia as Sora Ventures Targets $1B

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