$SOL Solana Foundation has signed a strategic agreement with VARA in Dubai to strengthen crypto ties. MEXC is also sponsoring the Solana Summit APAC 2025, reinforcing its commitment to the SOL ecosystem.

- *Decentralized Finance (DeFi)*: Bybit has introduced Byreal, its first Solana-based on-chain DEX. Owlto Finance has integrated with the Solana network for cross-chain fund transfers and unveiled Solana Bridger NFT airdrops for the community.

- *Network Updates*: Solana's co-founder has proposed a meta chain to fix blockchain fragmentation. The network has also seen updates like Alpenglow, a major consensus upgrade with sub-1 second finality.

- *Tokenized Assets*: Solana's xStocks platform has dominated 95% of tokenized stock volume, showcasing its potential for real-world asset revolution.

- *Investor Interest*: Classover, a Nasdaq-listed edtech firm, has invested $550 million in Solana, leading to a 40% jump in its stock. MemeStrategy has become the first publicly listed company to announce a Solana investment.

- *Market Performance*: Solana's total value locked (TVL) has surpassed the entire Ethereum layer-2 ecosystem, reaching $10.9 billion. SOL's 30-day fee revenue rose 109% compared to the previous month.

- *Price Action*: Solana has seen fluctuations, with recent prices around $118.14 and a 20.86% increase. Analysts predict potential growth, with some speculating SOL could reach $160 or $200 soon.

Keep an eye on these developments as the Solana ecosystem continues to evolve ² ³.